Share This Listing

Message

947 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Long-Term Single Tenant Net Lease | Fee Simple Ownership | Rental Increases
  • Densely Populated and Affluent Trade Area | High Traffic / Excellent Visibility
  • Rare Dense Infill Chicago Location
  • Credit Tenant | Corporate Lease
  • Strategic Retail Corridor Location | Limited Competition
  • Major Education Center Proximity

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Health Club
Building Size
22,000 SF
Building Class
C
Year Built/Renovated
1921/2014
Price
$10,957,680 CAD
Price Per SF
$498.08 CAD
Cap Rate
6.75%
NOI
$739,643 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.56
Lot Size
0.90 AC
Zoning
B1-3
Parking
69 Spaces (3.14 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Arts, Entertainment, and Recreation
  • 22,000 SF
  • $40.27 CAD
  • Double Net
  • Jul 2036

LA Fitness, founded in 1984 in Covina, California, is a privately held fitness club chain headquartered in Irvine, California. The company operates under its parent entity, Fitness International, and has grown into one of the largest health club operators in North America. LA Fitness provides a wide range of amenities, including group fitness classes, personal training, swimming pools, and specialized workout areas, catering to members of all fitness levels. Over the years, the company has expanded through acquisitions and the development of new locations, maintaining a strong presence across the United States and Canada. In addition to its flagship brand, LA Fitness has introduced and managed other fitness concepts, such as City Sports Club and Club Studio Fitness, to diversify its offerings. The company remains privately owned and continues to adapt its services to meet evolving fitness trends and consumer preferences.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Arts, Entertainment, and Recreation 22,000 SF $40.27 CAD Double Net Jul 2036
Exceptionally walkable
90/100
Fairly drivable
50/100
Strong public transit
80/100
Moderately bikeable
70/100

Nearby Major Retailers

Pure Barre
Whole Foods
Old National Bank
Bank of America
Chase Bank
PNC Bank
The Halal Guys
Edgewater Cross Fit
Anytime Fitness
Curves

Property Taxes

Property Taxes

Parcel Number
14-05-208-015-0000
Land Assessment
$192,656 CAD
Improvements Assessment
$1,459,080 CAD
Total Assessment
$1,651,736 CAD
  • Listing ID: 38264408

  • Date on Market: 2025-10-30

  • Last Updated:

  • Address: 6107 N Broadway St, Chicago, IL 60660

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}