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20688381
20688380

2301-2323 W 95th Street, Chicago, IL 60643

MT
IL IL 481011744, IL 475155035
Frontline Real Estate Partners
AS
IL 475.215824
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
2577 days on market
Updated 24 days ago

2301-2323 W 95th Street

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 20,392
NOI $220,555
Occupancy 74%
Tenancy Multi
Lease Type NNN
Year Built 1955
Year Renovated 2005
Zoning B2-1
Parking Spaces 20 spaces
Parking Per SqFt 0.98

Retail | 20,392 SqFt

Marketing description

Value-add multi-tenant retail property located just steps from the recently redeveloped Evergreen Plaza, along 95th Street, just west of Western Avenue, in Chicago's Beverly Neighborhood. The 20,392 SF retail building is located within a high traffic commercial corridor surrounded by a mix of national and local retailers. Fronting 95th Street, Tenants benefit from visibility and exposure to 28,000+ VPD. All Tenants are on NNN leases including One Main Financial, Beverly Smiles, Beverly Furniture, and 504 Concepts. The property includes a 20-car parking lot, direct access to public transit including the 95th Street CTA bus stop directly in front of the building, and convenient access to Interstate 57 (I-57), less than three (3) miles to the east. Neighboring retailers include Whole Foods, Walmart, Sam's Club, Meijer, Menards, Chase Bank, Potbelly, Chipotle, Dollar Tree, AT&T, and Planet Fitness, among many others.
Well located along the south side of 95th Street, just east of Western Avenue, in the Beverly neighborhood on the southwest edge of Chicago.

Investment highlights

  • 74% leased with all tenants on NNN leases
  • Rare opportunity to acquire a multi-tenant retail property with a positive cash flow and the ability to add value through lease-up
  • Parking lot for 20 vehicles on-site
  • The building features excellent visibility and exposure directly fronting 95th Street (28,000+ VPD)
  • Surrounded by national retailers including Whole Foods, Walmart, Sam's Club, Meijer, Menards, Ulta Beauty, Shoe Carnival, Michael's, Chase Bank, Potbelly, Chipotle, Dollar Tree, AT&T, and Planet Fitness, among many others.

Listing Contacts

MT
IL IL 481011744, IL 475155035
Frontline Real Estate Partners
AS
IL 475.215824
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
$220,555.00
$18,379.58/mo

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Additional Information

Name
Matthew Tarshis
License
IL 481011744
Brokerage
Frontline Real Estate Partners, LLC
Name
Andrew Slovis
License
475.215824
Brokerage
Andrew Slovis
Brokerage Phone
8479896020
Title
Real Estate Broker
Brokerage Address
415 North Aberdeen Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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