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7443 S Racine Ave
Chicago, IL 60636
Dollar General · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
12,470 SF
Building Class
B
Year Built/Renovated
1966/2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.13 AC
Zoning
50
Parking
46 Spaces (3.69 Spaces per 1,000 SF Leased)

ABOUT 7443 S RACINE AVE , CHICAGO, IL 60636

Capital Pacific is pleased to present the opportunity to acquire a rare, urban-infill Dollar General in Chicago, Illinois. The subject property features a corporate guaranty from Dollar General, one of the largest retailers in the U.S. with over $25 billion in annual revenue. The NN lease limits Landlord obligations to roof (10 year warranty) and structure, with Tenant responsible for all other costs. This is a rare urban Dollar General store that benefits from the dense surrounding population. The property is well located on S. Racine Avenue, one of Chicago’s busiest thoroughfares which runs the length of the city, and features excellent visibility and parking. Dollar General generated $25.6 billion in 2018 fiscal year sales and net income of $1.6 billion. Dollar General currently operates over 15,000 stores in 44 states, making it the country’s largest small-box discount retailer. The company has an S&P rating of BBB, which has been raised five times since 2009, and is a better credit rating than its main competitors. Dollar General’s stock is up 45% over the past 24 months.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-29-224-036-0000
Land Assessment
$111,323
Improvements Assessment
$181,177
Total Assessment
$292,500
  • Listing ID: 15674623

  • Date on Market: 4/8/2019

  • Last Updated:

  • Address: 7443 S Racine Ave, Chicago, IL 60636

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