Andersonville Retail Portfolio - Chicago
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Andersonville Retail Portfolio - Chicago
4 Retail Properties in Chicago, IL
Executive Summary
Portfolio sale of four (4) contiguous retail properties on Clark Street in the heart of Chicago’s Andersonville neighborhood.
Strong mix of well established national and local tenants.
Extremely tight retail submarket with minimal vacancy and high barriers to entry.
Opportunity to control a large contiguous portion of Clark Street with future development upside.
In place rents compare favorably to recent neighborhood lease deals, suggesting room to boost income over time.
Well maintained buildings with minimal deferred maintenance needed.
Significant recent tenant investment in interior improvements (Starbucks, Jeni’s, Lonesome Rose).
Affluent retail trade area with strong neighborhood demographics.
Strong mix of well established national and local tenants.
Extremely tight retail submarket with minimal vacancy and high barriers to entry.
Opportunity to control a large contiguous portion of Clark Street with future development upside.
In place rents compare favorably to recent neighborhood lease deals, suggesting room to boost income over time.
Well maintained buildings with minimal deferred maintenance needed.
Significant recent tenant investment in interior improvements (Starbucks, Jeni’s, Lonesome Rose).
Affluent retail trade area with strong neighborhood demographics.
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Property Facts
Sale Type | Investment or Owner User | Individually For Sale | 0 |
Status | Active | Total Building Size | 18,221 SF |
Number of Properties | 4 | Total Land Area | 0.49 AC |
Sale Type | Investment or Owner User |
Status | Active |
Number of Properties | 4 |
Individually For Sale | 0 |
Total Building Size | 18,221 SF |
Total Land Area | 0.49 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
5300 N Clark St, Chicago, IL 60640 | Retail | 3,801 SF | 1901 | - |
5306 N Clark St, Chicago, IL 60640 | Retail | 3,800 SF | 1923 | - |
5304 N Clark St, Chicago, IL 60640 | Retail | 4,200 SF | 1913 | - |
5308-5310 N Clark St, Chicago, IL 60640 | Retail | 6,420 SF | 1922 | - |
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Andersonville Retail Portfolio - Chicago
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