935 W Webster Ave
Chicago, IL 60614
Commerce de détail Propriété À vendre

Greenstone Partners, as the Exclusive Investment Advisors, is pleased to present the opportunity to acquire the 100% fee-simple interest in 935 West Webster Avenue (the “Property”), a 100% leased, urban infill mixed-use redevelopment prominently located in the heart of Chicago’s Lincoln Park neighborhood and DePaul University.
The ±14,798 square foot, three-story mixed-use property is situated upon ±9,426 square feet of land at the corner of Webster Avenue and Bissell Avenue. Originally constructed as a single-story retail property, the Property underwent a complete redevelopment in 2024. The first floor now consists of two (2) well-known retail tenants totaling ±7,504 square feet, while the second and third floors feature four (4) newly constructed apartment units, each configured as 4 bed / 2 bath layouts. The retail space is leased to Sushi
Taku Rotary and Foxtrot Market under net leases with a weighted average lease term (“WALT”) of 8.29 years, and the two tenants collectively reimburse over 75% of taxes and operating expenses.
The Property is positioned in the heart of Lincoln Park, one of Chicago’s most affluent and sought-after neighborhoods, known for its vibrant dining scene, boutique retail corridors, and strong residential demand. The surrounding area is home to a diverse mix of acclaimed restaurants, neighborhood bars, and national retailers that draw both local residents and visitors throughout the year. Additionally, the Property benefits from its proximity to DePaul University, one of the nation’s largest private universities, with approximately 24,000 students and over 4,000 faculty and staff contributing to a significant and consistent consumer base in the surrounding area.
Within 1-mile, demographics include an average household income exceeding $154,000, a median home value over $733,000, and a total population of 76,499.