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Highland Plaza 905-921 W 55th St 26,000 SF 91% Leased Retail Building Countryside, IL 60525 For Sale 7.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Facing Hi Traffic 55th Street

EXECUTIVE SUMMARY

Prime Location, Facing Hi Traffic 55th Street, Kenny's Irish Pub Achor Tenant for more than 25 years, 80% of the Tenants are There for more that 10 years, Landlord Recently (2023) Replaced The Roof at the Cost of $400,000. Majority of Tenants With NNN Leases. The Property Consists With 24,500 S-FT Retail and four Apartments

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $759,870 $29.23
Other Income - -
Vacancy Loss $55,837 $2.15
Effective Gross Income $704,034 $27.08
Taxes $209,388 $8.05
Operating Expenses $62,816 $2.42
Total Expenses $272,204 $10.47
Net Operating Income $431,829 $16.61

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $759,870
Annual Per SF $29.23
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $55,837
Annual Per SF $2.15
Effective Gross Income (CAD)
Annual $704,034
Annual Per SF $27.08
Taxes (CAD)
Annual $209,388
Annual Per SF $8.05
Operating Expenses (CAD)
Annual $62,816
Annual Per SF $2.42
Total Expenses (CAD)
Annual $272,204
Annual Per SF $10.47
Net Operating Income (CAD)
Annual $431,829
Annual Per SF $16.61

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
26,000 SF
Building Class
B
Year Built
1960
Cap Rate
7.50%
Percent Leased
91%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
2.04 AC
Zoning
B-3, Countryside
Parking
140 Spaces (5.38 Spaces per 1,000 SF Leased)
Frontage
352’ on W 55th St

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Educational Services
  • -
  • -
  • Plus Utilities
  • Jun 2018

A+ Tutoring has been offering premium tutoring services in the Chicago area in ACT/SAT prep and math, physics and chemistry since 1991. A+ offers a convenient and engaging environment that allows students to not only learn the basics of a concept, but to more importantly get ahead. The ACT/SAT programs have continually produced confident test takers that have shown their hard work through their successes in exams.

  • Benny's Barber Shop & Salon
  • Services
  • -
  • -
  • -
  • -
  • Health Care and Social Assistance
  • -
  • -
  • -
  • -
  • Highland's Cleaners
  • Services
  • -
  • -
  • -
  • -
  • Kenny's Tavern
  • Accommodation and Food Services
  • -
  • -
  • -
  • -
  • La Machiocana
  • -
  • -
  • -
  • -
  • -
  • Lilly's Dresser
  • Retailer
  • -
  • -
  • -
  • -
  • Salon On 55th
  • Services
  • -
  • -
  • -
  • -
  • Finance and Insurance
  • -
  • -
  • -
  • -

The State Farm® mission is to help people manage the risks of everyday life, recover from the unexpected and realize their dreams. Their vision for the future is to be the customer's first and best choice in the products and services they provide. They will continue to be the leader in the insurance industry and they will become a leader in the financial services arena. Their customers' needs will determine their path. Their values will guide them. They are people who make it their business to be like a good neighbor; who built a premier Company by selling and keeping promises through their marketing partnership; who bring diverse talents and experiences to their work of serving the State Farm customer. Their success is built on a foundation of shared values — quality service and relationships, integrity and financial strength. Their company mission is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams.

  • West Suburban Ballet Conservatory
  • -
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Educational Services - - Plus Utilities Jun 2018
Benny's Barber Shop & Salon Services - - - -
Health Care and Social Assistance - - - -
Highland's Cleaners Services - - - -
Kenny's Tavern Accommodation and Food Services - - - -
La Machiocana - - - - -
Lilly's Dresser Retailer - - - -
Salon On 55th Services - - - -
Finance and Insurance - - - -
West Suburban Ballet Conservatory - - - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 919
  • 1,135-2,300 SF
  • Retail
  • -
  • Jan 2026

Previously Dental Office, Excellent Built-Outs, Corner Unit

Space Size Space Use Position Available
919 1,135-2,300 SF Retail - Jan 2026

919

Size
1,135-2,300 SF
Space Use
Retail
Position
-
Available
Jan 2026

919

Size 1,135-2,300 SF
Space Use Retail
Position -
Available Jan 2026

Previously Dental Office, Excellent Built-Outs, Corner Unit

Walk Score®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
Huntington National Bank
U.S. Bank
Fifth Third Bank
Byline Bank
BMO
The Original Pancake House
Chase Bank
F45 Training, Inc.
Stretch Zone

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 18-17-200-053-0000
  • 18-17-200-051-0000
Land Assessment
$340,367 CAD
Improvements Assessment
$654,782 CAD
Total Assessment
$995,149 CAD
Annual Taxes
$209,388 CAD ($8.05 CAD/SF)
Tax Year
2024
  • Listing ID: 38443226

  • Date on Market: 2025-11-13

  • Last Updated:

  • Address: 905-921 W 55th St, Countryside, IL 60525

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