Advance Auto
Chicago, IL 60632
Investment Grade- Essential Retail · Retail Property For Sale

View Photo

INVESTMENT HIGHLIGHTS

  • Investment Grade Credit Tenant – Advance Auto Parts (Moody’s Rated “Baa2”, Outlook: Stable)
  • 6 Lease Years Remaining – 3, 5 Year Options
  • Heavily Trafficked Location with ~38,000 VPD at the Subject Property
  • Net Leased Investment – Minimal Landlord Responsibilities (Roof & Structure Only)
  • Attractive Inflation Hedge – 19% Increase in Option 1 & 5% Increases Each Option Thereafter
  • Dense Infill Location – 0.50 Acres of Land – 6 Miles from Downtown Chicago, IL

PROPERTY FACTS

Property Type
Retail
Property Subtype
  • Freestanding
  • General Retail Service Station
Freestanding
Building Size
7,000 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.26 AC
Zoning
C2-1; Chicago
Parking
130 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
87’ on Pulaski Ave.

PROPERTY TAXES

Parcel Numbers 19-03-420-041-0000, 19-03-420-043-0000, 19-02-309-008-0000, 19-10-207-001-0000, 19-02-309-010-0000, 19-02-309-011-0000, 19-02-309-013-0000, 19-02-309-014-0000, 19-02-309-017-0000, 19-10-207-002-0000, 19-10-207-003-0000, 19-02-309-009-0000, 19-02-309-012-0000, 19-02-309-015-0000, 19-02-309-018-0000, 19-03-420-048-0000 Improvements Assessment $457,813
Land Assessment $309,299 Total Assessment $767,112

MAP

ADDITIONAL PHOTOS

View Photo AA_Chicago_Aerials-1
View Photo AA_Chicago_Aerials-2
View Photo Advanced Auto Parts - Chicago, IL 3
View Photo Advanced Auto Parts - Chicago, IL 35
  • Listing ID: 19437140

  • Date on Market: 5/5/2020

  • Last Updated:

  • Address: Advance Auto, Chicago, IL 60632

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.