6900 S Ashland Avenue, Chicago, IL 60636

Sold: 5500000
Sold on: Dec 22nd, 2021
$ Per Square Foot: $149
Sold: 5500000
Sold on: Dec 22nd, 2021
$ Per Square Foot: $149
SQUARE FEET36,864 MLS#10446288
STATUSSold PROPERTY TYPECommercial - Retail


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.

Property Features

Cooling: Central Air
Days on Market: 896
Lot Size: 2.70 Acres
Stories: 1.0
Year Built: 2007

Feature Descriptions

Electric: Service - 101 to 200 Amps
Exterior: Brick
Fire Protection: Hydrants On Site, Sprinklers-Wet, Carbon Monoxide Detector(s)
Frontage Type: City Street, Signal Intersection
HVAC: Forced Air, Gas
Lot Dimensions: 554'X137'X246'X128'X208'X265'
Number of Tenant(s): 11
Parcel#: 20194230030000
Parking: Over 100 Spaces
Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Scavenger, Varies by Tenant
Units: 14

Listed By / Sold By

Listed By

Agency Name: Kinzie Brokerage LLC
Agency Phone: 312-464-8800

Sold By

Agency Name: Kinzie Brokerage LLC
Agency Phone: 312-464-8800
Agent Name: Steven Maher

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