7501 N Western Ave
Chicago, IL 60645
Midas · Retail Property For Sale
Property Facts
Amenities
- Bus Line
- Corner Lot
- Fenced Lot
- Security System
- Tenant Controlled HVAC
- Air Conditioning
About 7501 N WESTERN AVE , CHICAGO, IL 60645
Marcus & Millichap is proud to present the property located at 7501 North Western Avenue in Chicago, Illinois. This structure is 4,600 square feet and sits on a lot that is approximately 12,196 square-feet. This Midas Service Center was built in 1973, with an initial 20 year term. There are currently 8 plus years remaining on the 20-year absolute triple-net lease. The lease calls for attractive annual increases of 2 percent that will provide a new investor consistent rent growth throughout the term of the lease. The property is located on busy Western Avenue one block south of Howard Street in the Rodgers Park neighborhood of Chicago. The property is situated 11 miles north of Chicago's loop on the main retail corridor. Neighboring tenants include Walgreens, Ross Dress for Less, Starbucks, Dollar Tree, CVS, Starbucks and I-Hop, to name a few.
Property Taxes
| Parcel Number | 11-30-300-028-0000 | Improvements Assessment | $108,054 |
| Land Assessment | $136,946 | Total Assessment | $245,000 |
Property Taxes
