4323 W Irving Park Rd, Chicago, IL 60641

ASSET: Citywide Plaza is a 10,000 square foot retail center spread over two floors on a 0.27-acre corner parcel of land with a dedicated parking lot at the rear of the Property. The Property has eight (8) units and is 100% occupied by a diverse mix of seven (7) tenants. AAA Engineering and Neighborhood Loans (both suites) have recently extended their lease for 2 years, demonstrating their commitment to the site and market.

PROPERTY TAX REDUCTION: The Property’s Real Estate Taxes have gone down from the 2023 tax liability.

ATTRACTIVE RENTAL INCREASES: Five of the tenants’ leases feature attractive annual rent increases throughout the primary lease term and renewal options, providing a fixed increase in income and an attractive hedge against inflation.

STRATEGIC LOCATION: Citywide Plaza is extremely well-located at the intersection of N Lowell Avenue and W Irving Park Road (IL Route 19), one of the area’s primary commercial and commuter corridors. The Property is seconds from N Milwaukee Avenue and Cicero Avenue and offers convenient access to countless national and local retailers and restaurants that drive traffic to the area. 4323 W Irving Park Road is also surrounded by densely populated residential neighborhoods that provide a built-in customer base.

TRANSIT ORIENTED LOCATION: The Property is positioned along the CTA bus line, is 0.3 miles from the Irving Park Subway Station (CTA Blue Line) and Irving Park Metra Station (UP-NW Line) and offers convenient access to Interstates 90 and 94. The Property is also just 0.5 miles from the Grayland Metra Station (MD-N Line).

AREA DEVELOPMENT: Six Corners (a short walk from the Property) is a well-known commercial and cultural hub located at the intersection of Milwaukee Avenue, Irving Park Road, and Cicero Avenue. In recent years, Six Corners has undergone significant revitalization, blending its historic charm with modern redevelopment. The area is seeing new residential and mixed-use projects, as well as the restoration of classic structures like the former Sears building, which was completed at the end of 2023. The redevelopment includes a 45,000 square foot Target plus 5,000 square feet of shop space, 206 luxury apartment units, an outdoor swimming pool, a rooftop deck, and community gathering spaces. The Clarendale Six Corners opened in 2023 and includes 258 senior-living units, and an ALDI grocery was developed in 2024. A growing number of restaurants, cafés, boutiques, and fitness studios have also joined long-standing local businesses, creating a lively and walkable environment.

RETAIL TRADE AREA: Additional retailers driving traffic to the area include Jewel- Osco, Target, Home Depot, Aldi, Marshalls, Ross, Famous Footwear, PetSmart, Walgreens, Dollar Tree, Starbucks, Chipotle, McDonald’s, Burger King, Culver’s, IHOP, Domino’s, Jimmy John’s, Jersey Mike’s, Potbelly, Subway, and Dunkin’.

STRONG DEMOGRAPHICS: An impressive 45,500+ people live within 1 mile of the Property with an average household income of $127,823. Over 451,900 people live within 3 miles of the Property with an average household income of $128,757. Additionally, there are more than 95,400 employees within 3 miles of the property.

HIGH TRAFFIC COUNTS: More than 25,100 vehicles per day pass by the Property along W Irving Park Road (IL Route 19).