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22332218
22332213

6600 S Cottage Grove Ave, Chicago, IL 60637

MT
IL IL 481011744, IL 475155035
Frontline Real Estate Partners
AR
IL 475156642
Frontline Real Estate Partners
ZP
IL 475168541
Frontline Real Estate Partners
AP
IL 475181270
Frontline Real Estate Partners
Listed by Frontline Real Estate Partners
Unpriced
442 days on market
Updated 24 days ago
Opportunity zone

6600 S Cottage Grove

Details
Property Type Retail
Sub Type commercial
Square Footage 9,800
NOI $89,282
Occupancy 100%
Tenancy Multi
Class B
Year Built 2006
Acreage 0.500
Zoning C1-2
Investment Type Owner/User

Retail | 9,800 SqFt

Marketing description

9,800 SF freestanding retail building located at of the SWC of the signalized intersection at Cottage Grove Avenue and Marquette Road (~20,000 VPD) in Chicago. The Property is 100% leased by the YWCA with lease term until October 2027. At the existing 100% occupancy rate, the Property produces a NOI of approximately $89,282. The single-tenant building features a unique "L-shaped" layout, with potential to be demised into smaller units. The property includes parking on site and is conveniently located one (1) mile east of the Interstate-90 (I-90) and Interstate-94 (I-94) interchange. Neighboring retailers include Aldi (directly across the street), Jewel-Osco, Family Dollar, AutoZone, Chipotle, McDonalds, Wendy's, and Subway, among many others.

6600 S. Cottage Grove Avenue is a 9,800 SF freestanding retail building located at 6600 S. Cottage Grove Avenue along the signalized intersection of S. Cottage Grove Avenue and Marquette Avenue (~20,000 VPD). The Property is well located in a densely populated area with over 128,000 people within three (3) miles. The property is conveniently located one (1) mile east of the Interstate-90 (I-90) and Interstate-94 (I-94) interchange. Their are also a number of public transportation options in close proximity; the King Drive "L-station" (Green Line) is a half-mile northwest and the 63rd Street Metra station is just under one (1) mile northeast from the Property. The building is surrounded by various retailers, restaurants and other service oriented businesses including: Aldi, Jewel-Osco, Family Dollar, AutoZone, Chipotle, McDonalds, Wendy's, Subway, among many others.

Investment highlights

  • Excellent opportunity for an investor or owner/user to acquire a property a few blocks away from Jackson Park
  • 100% occupied by YMCA and produces an NOI of approximately $89,282
  • Flexible "L-shaped" layout provides potential to build a multiple-tenant retail center
  • Large onsite parking lot
  • Conveniently located one (1) mile east of the Interstate-90 (1-90) and Interstate-94 (1-94) interchange
  • Sale Price: Subject To Offer

Listing Contacts

MT
IL IL 481011744, IL 475155035
Frontline Real Estate Partners
AR
IL 475156642
Frontline Real Estate Partners
ZP
IL 475168541
Frontline Real Estate Partners
AP
IL 475181270
Frontline Real Estate Partners
Listed by Frontline Real Estate Partners

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$89,282.00
$7,440.17/mo

Valuation Metrics

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Additional Information

Name
Matthew Tarshis
License
IL 481011744
Brokerage
Frontline Real Estate Partners, LLC
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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