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34529870
34529868

4817-4819 W Irving Park Rd, Chicago, IL 60641 For Sale

MJ
IL 475107431
Jameson Commercial Real Estate
Listed by Jameson Commercial Real Estate
$1,899,000
3 days on market
Updated 3 days ago

4817-4819 W Irving Park Rd

Details
Property Type Retail
Sub Type Free Standing Building
Square Footage 5,931
Net Rentable (SqFt) 5,931
Units 2
Occupancy 100%
Tenancy Multi
Brand/Tenant AT&T Mobility, Premier Physical Therapy
Lease Type NN+
Pro-Forma Cap Rate 7.16%
Pro-Forma NOI $135,914
Year Built 1913
Year Renovated 2019, 2026
Stories 1
Lot Size (SqFt) 6,153
Ground Lease No

4817-4819 W Irving Park Rd, Chicago, IL 60641

Marketing description

Located in the heart of Chicago's thriving Six Corners district, this 100% leased two-tenant retail investment offers stable, predictable cash flow with a low-management net lease structure. The property is occupied by established tenants AT&T Mobility (Franchisee-Owned) and Premier Physical Therapy, providing investors with strong national and regional tenancy in one of the city's fastest-growing commercial corridors. Surrounded by more than $130 million in recent redevelopment, including over 700 new apartments, the revitalized Sears redevelopment, and The Marketplace at Six Corners, the property benefits from exceptional demographics, exposure to 70,000+ vehicles per day, and outstanding transit access via Metra, CTA Blue Line, and I-90/I-94. This is an exceptional opportunity to acquire a stabilized retail asset in one of Chicago's premier neighborhood investment markets.

Discover the vibrant potential of Chicago's Irving Park neighborhood. The area surrounding the property at 4817-4819 W Irving Park Rd, Chicago, IL, 60641 is a dynamic mix of residential and commercial spaces, making it an ideal location for retail and street retail investors seeking high foot traffic and strong community engagement. Within walking distance, renowned landmarks such as Irving Park, Kilbourn Park, and The Portage Theater offer residents and visitors a rich cultural experience. Additionally, the diverse dining and shopping options along Irving Park Road create a desirable environment for businesses looking to thrive in a bustling urban setting. This prime location provides an exciting opportunity for retail investors to become part of a dynamic and evolving community.

Investment highlights

  • 100% Leased Two-Tenant Retail
  • Leased by AT&T Mobility & Premier Physical Therapy
  • Stable Net Lease Investment
  • Prime Six Corners Location
  • $130M+ in Area Redevelopment
  • 700+ New Residential Units Nearby
  • 70,000+ Vehicles Per Day
  • Excellent Transit & Expressway Access
  • Strong Demographics & Retail Corridor

Listing Contacts

MJ
IL 475107431
Jameson Commercial Real Estate
Listed by Jameson Commercial Real Estate

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