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Highland Plaza 905-921 W 55th St 26,000 SF 91% Leased Retail Building Countryside, IL 60525 For Sale 7.50% Cap Rate



INVESTMENT HIGHLIGHTS
- Facing Hi Traffic 55th Street
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$544,351
|
$20.94
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$40,000
|
$1.54
|
| Effective Gross Income |
$504,351
|
$19.40
|
| Taxes |
$150,000
|
$5.77
|
| Operating Expenses |
$45,000
|
$1.73
|
| Total Expenses |
$195,000
|
$7.50
|
| Net Operating Income |
$309,351
|
$11.90
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $544,351 |
| Annual Per SF | $20.94 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $40,000 |
| Annual Per SF | $1.54 |
| Effective Gross Income | |
|---|---|
| Annual | $504,351 |
| Annual Per SF | $19.40 |
| Taxes | |
|---|---|
| Annual | $150,000 |
| Annual Per SF | $5.77 |
| Operating Expenses | |
|---|---|
| Annual | $45,000 |
| Annual Per SF | $1.73 |
| Total Expenses | |
|---|---|
| Annual | $195,000 |
| Annual Per SF | $7.50 |
| Net Operating Income | |
|---|---|
| Annual | $309,351 |
| Annual Per SF | $11.90 |
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
A+ Tutoring has been offering premium tutoring services in the Chicago area in ACT/SAT prep and math, physics and chemistry since 1991. A+ offers a convenient and engaging environment that allows students to not only learn the basics of a concept, but to more importantly get ahead. The ACT/SAT programs have continually produced confident test takers that have shown their hard work through their successes in exams.
- Benny's Barber Shop & Salon
- Services
- -
- -
- -
- -
-
- Health Care and Social Assistance
- -
- -
- -
- -
- Highland's Cleaners
- Services
- -
- -
- -
- -
- Kenny's Tavern
- Accommodation and Food Services
- -
- -
- -
- -
- La Machiocana
- -
- -
- -
- -
- -
- Lilly's Dresser
- Retailer
- -
- -
- -
- -
- Salon On 55th
- Services
- -
- -
- -
- -
The State Farm® mission is to help people manage the risks of everyday life, recover from the unexpected and realize their dreams. Their vision for the future is to be the customer's first and best choice in the products and services they provide. They will continue to be the leader in the insurance industry and they will become a leader in the financial services arena. Their customers' needs will determine their path. Their values will guide them. They are people who make it their business to be like a good neighbor; who built a premier Company by selling and keeping promises through their marketing partnership; who bring diverse talents and experiences to their work of serving the State Farm customer. Their success is built on a foundation of shared values — quality service and relationships, integrity and financial strength. Their company mission is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams.
- West Suburban Ballet Conservatory
- -
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Educational Services | - | - | Plus Utilities | Jun 2018 | |
| Benny's Barber Shop & Salon | Services | - | - | - | - | |
|
Health Care and Social Assistance | - | - | - | - | |
| Highland's Cleaners | Services | - | - | - | - | |
| Kenny's Tavern | Accommodation and Food Services | - | - | - | - | |
| La Machiocana | - | - | - | - | - | |
| Lilly's Dresser | Retailer | - | - | - | - | |
| Salon On 55th | Services | - | - | - | - | |
|
Finance and Insurance | - | - | - | - | |
| West Suburban Ballet Conservatory | - | - | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Previously Dental Office, Excellent Built-Outs, Corner Unit
| Space | Size | Space Use | Position | Available |
| 919 | 1,135-2,300 SF | Retail | - | Jan 2026 |
919
| Size |
| 1,135-2,300 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Jan 2026 |
919
| Size | 1,135-2,300 SF |
| Space Use | Retail |
| Position | - |
| Available | Jan 2026 |
Previously Dental Office, Excellent Built-Outs, Corner Unit
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $708,917 | |
| Land Assessment | $242,468 | Annual Taxes | $150,000 ($5.77/SF) |
| Improvements Assessment | $466,449 | Tax Year | 2024 |
PROPERTY TAXES
Presented by
Karvelas Realty
Highland Plaza | 905-921 W 55th St
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