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North Ridge & Rossell North Centers 6301-6405 W North Ave

36,005 SF 100% Leased Retail Building Oak Park, IL 60302 For Sale

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Investment Highlights

Stable Tenant Lineup
Established Dense Demographic Profile | 36K Residents within a 1-Mile Radius
Below Market Tenants | Value-Add Opportunity

Prominent Retail Location
Recent Leasing Velocity

Executive Summary

Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in North Ridge and Rossell North Shopping Centers. The offering represents a rare opportunity to acquire well performing strip centers situated on North Ave in the heart of the Oak Park retail trade area.

North Ridge & Rossel North Center Flyer

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

36,005 SF

Building Class

Year Built

1991

NOI

£506,527

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Building FAR

0.77

Land Acres

1.07 AC

Parking

101 Spaces (2.81 Spaces per 1,000 SF Leased)

Frontage

131 ft on N Ridgeland Ave

Amenities

Pylon Sign

Space Availability

14
1,000 SF
Office/Retail
In-Line
30 Days

Former Office

Space	Size	Space Use	Position	Available
14	1,000 SF	Office/Retail	In-Line	30 Days

Size

1,000 SF

Space Use

Office/Retail

Position

In-Line

Available

30 Days

PROPERTY TAXES

Parcel Numbers	Multiple 16-05-100-038-0000 16-06-207-010-0000 16-06-207-011-0000 16-05-100-039-0000 16-06-207-009-0000	Improvements Assessment	£283,477
Land Assessment	£354,866	Total Assessment	£638,343