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This freestanding CVS is located in the affluent North Chicago neighborhood of North Center. The subject property features a large monument sign at the main entrance, and its brick façade melds attractively with the myriad retail, multi-family and mixed-use projects along Lincoln Avenue. The dedicated parking lot features 41 standard and 2 handicap parking stalls.
This investment opportunity is a 2014 construction freestanding build-to-suit retail property. Lane Bryant occupies 4,500 square feet and there is an additional 1,383 square feet of adjacent space which could be leased for additional income. Lane Bryant has 8 years remaining on the lease and two-5 year options beyond their initial term. A new owner could acquire this property and benefit from stable tenancy and potentially increase cash flow through lease-up of the remaining space.
This urban infill 24-hour CVS is surrounded by a dense mix of residential, mixed use, and complimentary retail and is just blocks from Loyola University. This highly visible CVS is situated on a ¾ acre corner-to-corner parcel, providing excellent accessibility and customer parking with 37 standard and 4 handicap parking stalls, and ingress and egress from both North Broadway and West Granville Ave.
Marcus & Millichap is pleased to offer this 7,000-square foot Advance Auto Parts store located in the Chicago area of Cook County in Illinois. The subject property has five (5) years remaining on a 15 year NN lease with three five year options. There are 5% escalations beginning in year 11 and every option period thereafter. This location has a corporate guaranty with Advance Stores Company, Inc. whose parent company is Advance Auto Parts, Inc., a 4,000+ unit operator. - HARD CORNER, AMPLE PARKING, EXTREMELY DENSE AND STRONG RETAIL CORRIDOR.
Well maintained 2,500 SF bank building. Located in the South Deering neighborhood of Chicago. Zoned B3-1 Community Shopping District.
Well maintained 3,100 SF bank building in the Hegewisch neighborhood of Chicago. Zoned B3-1 Community Shopping District.
Price: $400,000 Listing Type: For Sale Property Type: Land Taxes: $5,467.85 (2014) PIN #(s): 16-02-105-018-0000 Zoning: B3-1 Area: 6,250 Sq Ft Alderman: Roberto Maldonado Free standing auto service or heavy equipment lot Fenced-in yard Includes a mechanic shop with 3 bays and an office with restrooms 2 lots on SW corner of North Avenue & Lawndale 50' x 125' corner lot Adjacent property also available FOR SALE / ~9,535 Sq Ft of land Perfect long-term development opportunity in up-and-coming Humboldt Park Earn extra income from current tenant on a month-to-month lease paying $2,500 / month gross (tenant would stay or vacate upon sale, buyer' s choice)
Excellent land development opportunity on North Avenue in up-and-coming Humboldt Park 15,785 Sq Ft of land / 4 PINs 3701-03 W North Ave: 50-ft x 125-ft corner lot 3705-09 W North Ave: 6,000 Sq Ft free-standing solid 1920s construction bowtruss building with skylights, two 12-ft drive-in doors, 14-ft clearance and no columns $6,500/month gross income provides healthy CAP rate for buy and hold investor looking for long-term play Currently occupied by auto glass business w/5-yr lease (2015); tenant could be vacated if owner user or developer desired Ownership only pays taxes & water; perfect armchair investment Building includes 3-bedroom / 2-bathroom apartment currently in use by glass shop as storage (potential $1,000/month additional income) 3711-13 W North Ave: Mixed use commercial building with vacant 1,000 Sq Ft storefront, 1,000 Sq Ft apartment (leased month-to-month for $1,000/month) & 500 Sq Ft adjacent garage (leased for storage for $500/month)
3,184 Sq Ft Mixed Use building includes one retail storefront (former restaurant) and three apartments Lender owned and sold as-is, where is, no survey, violations may exist Unit Mix: Unit 1F - retail space (former fast food restaurant) Unit 1R - 2 bed / 1 bath (vacant) Unit 2F - 2 bed / 1 bath - unfinished, includes cabinetry (vacant) Unit 2R - occupied (90-day notice served)
The property is located approximately 10 miles south of the Chicago CBD along South Stony Island Avenue, a major north-south thoroughfare. The block to block frontage along South Stony Island Avenue features excellent visibility and accessibility with multiple points of ingress/egress, six drive-thrus, and parking for 44 vehicles in a separate lot, both of which are included in the sale. The freestanding building is situated amid boutique shops, restaurants, and local businesses which serve the surrounding residential base. The site shares the intersection with CVS and Walgreens. The population within 5-mile radius is over 494,000 residents. Tenant replaced the roof in 2011. Bank deposits grew 14% from the prior year to $103 million. The recent capital improvements and substantial increase in deposits reinforce the long-term success of this location.