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8201 S Racine Ave
Chicago, IL 60620
Dollar General · Retail Property For Sale
Investment Highlights
- Proven Site Performance: Dollar General has been in place since 2014
- ±1.28 Acres of Land: Oversized parcel providing added development potential
- New Lease Extension: Brand new 5-year lease extension through June 2031, showing ongoing commitment
- Asking 7.1% Cap Rate: Compelling pricing backed by a newly extended lease with additional land
Executive Summary
±11,578 Square Feet: Ground floor retail with parking lot occupied by Dollar General along Racine Avenue, a primary north-south arterial
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,578 SF
Building Class
B
Year Built
1955
Price
$2,665,748 CAD
Price Per SF
$230.24 CAD
Cap Rate
7.10%
NOI
$189,268 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.20
Lot Size
1.35 AC
Zoning
C2-2
Parking
120 Spaces (10.36 Spaces per 1,000 SF Leased)
Frontage
472’ on Racine
Property Taxes
| Parcel Numbers | Improvements Assessment | $126,890 CAD | |
| Land Assessment | $172,188 CAD | Total Assessment | $299,078 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$172,188 CAD
Improvements Assessment
$126,890 CAD
Total Assessment
$299,078 CAD
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