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Investment Highlights

  • Unmatched Wrigleyville Location: Directly across from Wrigley Field with year-round tourism and event-driven traffic.
  • Premier National Tenants: Chase Bank, Taco Bell, Crumbl Cookies, Culver’s, and Movement Fitness.
  • Strong Cash Flow Durability: Weighted Average Lease Term of 10.74 years.
  • Trophy Retail Asset: Truly irreplaceable real estate in one of Chicago’s most iconic districts.
  • Long-Term NNN Leases: Minimal landlord responsibilities across the rent roll.
  • Demographic Strength: Lakeview’s dense, affluent population and constant visitor inflow.

Executive Summary

The Wrigleyville Trophy Center located at 1115 W Addison Street is an irreplaceable retail asset located directly outside Wrigley Field - one of the highest foot-traffic intersections in Chicago. The property is leased to a diversified mix of national credit tenants on long-term NNN leases, producing highly stable income with a WALT of 10.74 years. Its visibility, tenant quality, and supply-constrained location make it a flagship, long-term hold for both private and institutional investors.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
58,819 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2021
Price
$45,149,514 CAD
Price Per SF
$767.60 CAD
Cap Rate
6%
NOI
$2,708,971 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.87
Lot Size
0.47 AC
Zoning
50
Frontage
162’ on West Addison Street

Amenities

  • Bus Line
  • Corner Lot
Exceptionally walkable
100/100
Moderately drivable
60/100
Strong public transit
80/100
Moderately bikeable
70/100

Nearby Major Retailers

UFC Gym
Starbucks
Chase
BMO
Capital One
Jewel-Osco
Whole Foods
SoulCycle
Noodles & Company
Giordano's

Property Taxes

Property Taxes

Parcel Number
14-20-400-021-0000
Land Assessment
$698,583 CAD
Improvements Assessment
$1,685,177 CAD
Total Assessment
$2,383,759 CAD
  • Listing ID: 39988447

  • Date on Market: 2026-04-01

  • Last Updated:

  • Address: 1115 W Addison St, Chicago, IL 60613

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