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5001 W Madison St
Chicago, IL 60644 Austin

$2,254,755 USD

Freestanding For Sale  •  7,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 7,000 SF
  • Lot Size 0.52 AC
  • Building Class B
  • Year Built 2006
  • Cap Rate 6.75 %
  • Tenancy Single
  • Zoning C2-2
70 Transit Score
90 Walk Score

Highlights

Located in a densely populated part of Chicago
Long-term lease with 10+ years remaining
Top performing location on Placer.ai ranking in the 84th percentile in Illinois
Advance Auto Parts is committed to the property evidenced by a recent early lease extension
Proven successful location with a 20 year operating history
Extremely densely populated area with over 40,000 people living within one mile

Property Flyers

Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Advance Auto Parts

Amenities

  • Corner Lot
  • Pylon Sign
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Grand/Cicero Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra), North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 8 min - 2.7 mi
Kedzie Station (Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 6 min - 2.8 mi
Transit/SubwayDriveWalkDistance
Cicero Station (Green Line) (Green Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 14 min 0.7 mi
Laramie Station (Green Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 16 min 0.8 mi
AirportDriveWalkDistance
Chicago Midway International 12 min - 6.9 mi
Chicago O'Hare International 27 min - 14.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Zach Wright 720-604-2220 The Boulder Group
Zach Wright 720-604-2220 The Boulder Group