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4817 W Irving Park Rd 5,931 SF 100% Leased Retail Building Chicago, IL 60641 $2,618,607 CAD ($441.51 CAD/SF) 7.16% Cap Rate



Investment Highlights
- 100% LEASED TWO TENANT RETAIL : STRONG FRANCHISE & REGIONAL TENANCY
- PROXIMITY TO ELITE RETAIL ANCHORS and EXCEPTIONAL TRANSIT-ORIENTED POSITIONING
- EXPOSURE TO OVER 70K COMBINED VEHICLE TRAFFIC COUNT
- AT SIX CONERS IN PORTAGE PARK WITH MASSIVE NEIGHBORING INVESTMENT
- STRONG DEMOGRAPHICS & CAPTIVE, AFFLUENT AUDIENCERetail Corridor
Executive Summary
Located in the heart of Chicago's thriving Six Corners district, this 100% leased two-tenant retail investment offers stable, predictable cash flow with a low-management net lease structure. The property is occupied by established tenants AT&T Mobility (Franchisee-Owned) and Premier Physical Therapy, providing investors with strong national and regional tenancy in one of the city's fastest-growing commercial corridors. Surrounded by more than $130 million in recent redevelopment, including over 700 new apartments, the revitalized Sears redevelopment, and The Marketplace at Six Corners, the property benefits from exceptional demographics, exposure to 70,000+ vehicles per day, and outstanding transit access via Metra, CTA Blue Line, and I-90/I-94. This is an exceptional opportunity to acquire a stabilized retail asset in one of Chicago's premier neighborhood investment markets.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,931 SF
Building Class
B
Year Built
1990
Price
$2,618,607 CAD
Price Per SF
$441.51 CAD
Cap Rate
7.16%
NOI
$187,417 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.97
Lot Size
0.14 AC
Zoning
B1-2
Frontage
68’ on Irving Park Rd
Amenities
- Bus Line
- Signage
Exceptionally walkable
90/100
Exceptionally drivable
90/100
Strong public transit
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $148,897 CAD | |
| Land Assessment | $53,183 CAD | Total Assessment | $202,080 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$53,183 CAD
Improvements Assessment
$148,897 CAD
Total Assessment
$202,080 CAD
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4817 W Irving Park Rd
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