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2 Building Investment Opportunity 2 biens • Commerce de détail • Chicago, IL


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Faits saillants de l'investissement
- Two-property, fully leased Chicago retail portfolio
- Long-term NNN leases with minimal landlord responsibility
- Strong surrounding retail anchors and dense residential demographics
- 100% occupied by national tenants (Dollar General & Advance Auto Parts)
- Located on high-traffic corridors (Ashland Ave & Montrose Ave)
Résumé de l'annonce
This offering represents a two-property, fully leased retail portfolio located in established Chicago neighborhoods, delivering stable in-place income backed by national credit tenants. The portfolio includes 9244 S. Ashland Avenue (Washington Heights/Beverly area) and a freestanding retail asset along West Montrose Avenue in Albany Park. Both properties are secured under long-term triple net (NNN) leases, minimizing landlord responsibilities while providing consistent, predictable cash flow.
The Ashland Avenue property is a freestanding retail building situated on a 0.62-acre parcel along a heavily trafficked commercial corridor. The asset is leased to Dollar General under a recently renewed lease term extending through January 2032, with additional renewal options. The property benefits from strong visibility and consumer traffic, positioned within a retail trade area anchored by national brands including Jewel-Osco, Walgreens, and Burger King.
The Albany Park asset is a 0.43-acre freestanding retail property leased to Advance Auto Parts under a long-term NNN lease through February 2031, also featuring extension options. Located along West Montrose Avenue, a prominent arterial on Chicago’s Northwest Side, the site is supported by dense surrounding residential population and a well-established neighborhood retail corridor, with access to CTA transit (Brown Line and bus routes) and major expressways.
The Ashland Avenue property is a freestanding retail building situated on a 0.62-acre parcel along a heavily trafficked commercial corridor. The asset is leased to Dollar General under a recently renewed lease term extending through January 2032, with additional renewal options. The property benefits from strong visibility and consumer traffic, positioned within a retail trade area anchored by national brands including Jewel-Osco, Walgreens, and Burger King.
The Albany Park asset is a 0.43-acre freestanding retail property leased to Advance Auto Parts under a long-term NNN lease through February 2031, also featuring extension options. Located along West Montrose Avenue, a prominent arterial on Chicago’s Northwest Side, the site is supported by dense surrounding residential population and a well-established neighborhood retail corridor, with access to CTA transit (Brown Line and bus routes) and major expressways.
Faits sur la propriété
| Type de vente | Investissement | Individuellement en vente | 2 |
| Statut | Actif | Taille totale du bâtiment | 16 026 pi² |
| Nombre de propriétés | 2 | Superficie totale du terrain | 1,05 AC |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 2 |
| Taille totale du bâtiment | 16 026 pi² |
| Superficie totale du terrain | 1,05 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
| 9244 S Ashland Ave, Chicago, IL 60620 | Commerce de détail | 9 026 pi² | 2011 | - |
| 3450 W Montrose Ave, Chicago, IL 60618 | Commerce de détail | 7 000 pi² | 2005 | - |
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2 Building Investment Opportunity
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