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ALDI 215 S Harlem Ave

24,399 SF Retail Building Forest Park, IL 60130 £5,997,331 (£246/SF) 5.75% Net Initial Yield

Investment Highlights

  • Long Term Lease with Depreciation Benefits
  • Strong Grocery Tenant with ALDI
  • High Traffic Location in Dense Trade Area
  • Tenant Capital Contribution & Low Rent PSF
  • Complete Gut Rehab with Abundant Parking Available
  • Located Near the Heart of Oak Park with Close Proximity to Downtown Chicago

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
24,399 SF
Building Class
C
Year Built
2024
Price
£5,997,331
Price Per SF
£246
Net Initial Yield
5.75%
NOI
£344,754
Tenancy
Single
Number of Floors
1
Building FAR
0.40
Land Acres
1.40 AC
Zoning
B-2, Forest Park
Parking
92 Spaces (3.67 Spaces per 1,000 SF Leased)
Walk Score ®
Walker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

The YMCA
Starbucks
ALDI
Noodle & Company
Boston Market
Whole Foods
Citi
TGI Fridays
CAVA
Nando's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-12-428-033-0000
Land Assessment
£167,747
Improvements Assessment
£231,857
Total Assessment
£399,604
  • Listing ID: 33748385

  • Date on Market: 04/11/2024

  • Last Updated:

  • Address: 215 S Harlem Ave, Forest Park, IL 60130

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