3435-3464 S Halsted St
Chicago, IL 60608 Bridgeport

• Unit Size: 17,039 SF
• Condo Use: Retail
• Price: $5,200,000 USD
• Sale Type: Investment
• Price/SF: $305.18 USD

Description

100% Occupied 1st Floor Retail

Sale Notes

This 100% occupied first-floor retail center features a strong mix of established and newly added tenants, all secured under long term net leases. Verve Credit Union and Wings & Rings have been in place since 2008, while recent leases with Solo Eye Care & Eyewear Gallery, Manning Silverman & Company, and Bridgeport Footcare highlight continued leasing momentum. The property
occupies a full block, with nearly 300ft of frontage along S Halsted Street which sees 12,100 vehicles per day. The property benefits from direct access to CTA, Metra, and Interstates 90 and 55. It is strategically positioned near major demand drivers, including Rate Field (Chicago White Sox Stadium) and Illinois Institute of Technology, as well as a diverse mix of national and local retailers.
The dense, affluent trade area boasts more than 131,000 residents within two miles and average household income exceeding $120,000 within a half-mile radius.