Your email has been sent.
Highland Plaza 905-921 W 55th St 24,500 SF 79% 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
-
- Educational Services
- -
- -
- Plus Utilities
- Jun 2018
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
- -
- -
- -
- -
-
- Finance and Insurance
- -
- -
- -
- -
State Farm began in Illinois in 1922, when G.J. Mecherle founded the business around fairer auto insurance pricing for farmers. The company operates as a mutual insurer and has grown into a broad financial services firm. State Farm offers auto, home, renters, condo, life, health, disability, pet, commercial, and small business insurance, along with related financial products and services. The company maintains a significant U.S. market presence through an agent-based model and a long-running focus on helping customers manage everyday risks and recover from losses.
- 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
- 1st Floor
- 750 SF
- Office
- -
- Now
- 917c
- 2,300 SF
- Office
- -
- Now
Previously Dental Office, Excellent Built-Outs, Corner Unit
| Space | Size | Space Use | Position | Available |
| 1st Floor | 750 SF | Office | - | Now |
| 917c | 2,300 SF | Office | - | Now |
| 919 | 1,135-2,300 SF | Retail | - | Now |
1st Floor
| Size |
| 750 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
917c
| Size |
| 2,300 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
919
| Size |
| 1,135-2,300 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
919
| Size | 1,135-2,300 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Previously Dental Office, Excellent Built-Outs, Corner Unit
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Total Assessment | $708,917 (2025) | |
| Land Assessment | $242,468 (2025) | Annual Taxes | $150,000 ($6.12/SF) |
| Improvements Assessment | $466,449 (2025) | Tax Year | 2024 |
Property Taxes
Contact the Sale Advisor
Highland Plaza | 905-921 W 55th St