Chicago, IL 60636,6900 S Ashland AVE
Chicago, IL 60636,6900 S Ashland AVE
Chicago, IL 60636,6900 S Ashland AVE
Chicago, IL 60636,6900 S Ashland AVE
Chicago, IL 60636,6900 S Ashland AVE
Chicago, IL 60636,6900 S Ashland AVE
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$5,500,000

$5,750,000

4.3%
Est.Price: ?

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Est. payment /mo

36,864 SqFt


SOLD DATE : 12/22/2021

Key Details

Sold Price $5,500,000

Property Type Commercial

Sub Type Retail/Stores

Listing Status Sold

Purchase Type For Sale

Square Footage 36,864 sqft

Price per Sqft $149

MLS Listing ID 10446288

Sold Date 12/22/21

Year Built 2007

Annual Tax Amount $303,983

Tax Year 2019

Lot Dimensions 554'X137'X246'X128'X208'X265'

Property Description

Highly Visible Multi-tenant retail center built in 2007. This 36,864 square foot Retail Strip Center is shadow anchored by Food-4-Less Grocery Store to the South and Food-4-Less Gas Station to the East (shadow anchors not included in sale). The Englewood Plaza Retail Center is currently 71% Leased by a strong group of national retailers including Chase Bank, Rent-A-Center, Foot Locker, Liberty Tax and Subway, among others. Located at the corner of a signalized intersection, the center maintains visibility to over 22,000 Vehicles Per Day. The offering includes a Bank of America Ground Lease with existing Term through 6/30/2026. Excellent investment opportunity to purchase a cash flowing property while maintaining the ability to add value through Leasing 4 vacant units. Current N.O.I. is approximately $446,000.

Location

State IL

County Cook

Area Chi - West Englewood

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Level or Stories 1

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Steven Maher • Kinzie Brokerage LLC
Bought with Steven Maher • Kinzie Brokerage LLC
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1941 N Elston Ave, Chicago, IL, 60642, USA

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