$4,900,000
Ridgeview Mall
Details
Property Type Retail
Sub Type Storefront
Class B
Year Built 2006
Stories 3
Acreage 10.340
Retail
Marketing description
You will not find an opportunity better than the Ridgeview Mall in Chicago. Ridgeview Mall has everything and is the ideal candidate for a retail building. This is your best chance to buy a sale lease-back. Ridgeview Mall has a 5.25% Cap Rate and will provide a steady return because of its two long-term leases. On the first floor, you will find lofty, exposed ceilings at around 6,000 SF. Currently, the first floor is acting as a wedding planning business with a two year lease. The second floor is a commercial space impeccably built, operating as an art gallery with a five year lease term. The newly-renovated elevator takes you to a rooftop that has a fountain, seating and garden.
Investment highlights
- Recently built, with prime location in Lincoln Park
- Courtyard with fountain, seating and tables
- Location allows for easy travel to I-5 and many other highways
- Variety of restaurants and grocers within walking distance
- Parking lot with 20 spaces
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