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4110 W Peterson Ave

9,212 SF Retail Building Chicago, IL 60646 £3,855,876 (£419/SF) 7.50% Net Initial Yield

Investment Highlights

  • Long Lease Term – 8-year lease with 2% rental increases every year including the two, 5-year options.
  • The Learning Experience – The Learning Experience is one of the fastest- growing childcare franchises in the nation with over 450 locations open.
  • Chicago MSA – The property is less than 15 miles from downtown Chicago and less than 10 miles from Chicago O’Hare International Airport.
  • Strong Guarantee – An 8-unit franchise that currently operates the location will continue to be the operator over the remaining lease term.
  • Wealthy Suburb – According to Census data, Cook County had an average household income of $121,000 – up 7% from the year before.

Executive Summary

Broker of Record
Matthew M. Fitzgerald
License No. 471021676 (IL)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
9,212 SF
Building Class
C
Year Built/Renovated
1978/2014
Price
£3,855,876
Price Per SF
£419
Net Initial Yield
7.50%
NOI
£289,191
Tenancy
Single
Number of Floors
1
Building FAR
0.16
Land Acres
1.29 AC
Zoning
50
Parking
173 Spaces (18.78 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Links

1 of 1

PROPERTY TAXES

Parcel Numbers
Multiple
  • 13-03-228-048-0000
  • 13-03-228-047-0000
  • 13-03-228-022-0000
 Improvements Assessment £25,169
Land Assessment £179,930 Total Assessment £205,099

PROPERTY TAXES

Parcel Numbers
Multiple
  • 13-03-228-048-0000
  • 13-03-228-047-0000
  • 13-03-228-022-0000
Land Assessment
£179,930
Improvements Assessment
£25,169
Total Assessment
£205,099
(866) 889-0550

  • Listing ID: 33795102

  • Date on Market: 07/11/2024

  • Last Updated:

  • Address: 4110 W Peterson Ave, Chicago, IL 60646

The Retail Property at 4110 W Peterson Ave, Chicago, IL 60646 is currently available For Sale. Contact Matthews Real Estate Investment Services for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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(866) 889-0550

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(214) 692-2216

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