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24987498
24986533

316 W 103rd St, Chicago, IL 60628

JM
MI 6501384539
Friedman Real Estate
KD
IL 475155060
Friedman Real Estate IL LLC
Friedman Real Estate
Listed by Friedman Real Estate, Friedman Real Estate IL LLC
$1,295,000
335 days on market
Updated 15 days ago

Dollar General - Chicago

Details
Property Type Retail
Sub Type Storefront
Square Footage 12,075
Cap Rate 10.00%
Occupancy 100%
Tenancy Single
Lease Type NNN
Remaining Term 2
Price per SqFt $107
Year Built 1962
Acreage 0.860

10% Cap Dollar General with Brand New Extension

Marketing description

For Sale

Investment highlights

  • ±12,075 Square Feet: Ground floor retail with parking lot occupied by Dollar General along 103rd Street, a primary east-west arterial

  • Proven Site Performance: Dollar General has been in place since 2013

  • New Lease Extension: Brand new 2-year lease extension through July 2027, showing ongoing commitment

  • CTA Red Line Extension: Backed by a $2 Billion FTA grant, construction kicks off in 2025 and will feature a new 103rd Street Station just steps from the property

  • Asking 9.25% Cap Rate: Compelling pricing backed by a newly extended lease

Listing Contacts

JM
MI 6501384539
Friedman Real Estate
KD
IL 475155060
Friedman Real Estate IL LLC
Friedman Real Estate
Listed by Friedman Real Estate, Friedman Real Estate IL LLC

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Zoning

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B3-1 CommercialRetail CommercialCommunity Shopping District
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Last updated Apr 28, 2026 For deeper zoning details, reports are available at Zoneomics

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