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1048 S Milwaukee Ave
Wheeling, IL 60090

Retail Property For Sale

Retail Space Illinois Wheeling 1048 S Milwaukee Ave, Wheeling, IL 60090

Investment Highlights

  • SHELL PLC (NYSE: SHEL) | 12,500+ US LOCATIONS | S&P: A+ CREDIT RATING / STABLE OUTLOOK | LEASE GUARANTOR: PERSONAL
  • HIGHLY VISIBLE & EASILY ACCESSIBLE | HIGH TRAFFIC CHICAGO EXECUTIVE AIRPORT - PWK LOCATION (100,000+ ANNUAL PASSENGERS) | LOCATED ALONG HWY 45
  • 20-YEAR ORIGINAL LEASE | 17.4 YEARS REMAINING | 4 (5-YEAR) OPTIONS WITH 1.25% RENTAL INCREASES ANNUALLY | ABSOLUTE NNN GROUND LEASE
  • CHICAGO, IL MSA LOCATION | STRONG MANUFACTURING JOB BASE | STABLE & DENSE DEMOGRAPHICS

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,686 SF
Building Class
B
Year Built
2021
Price
$3,564,954 CAD
Price Per SF
$967 CAD
Cap Rate
7%
NOI
$249,547 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.85 AC
 

  • Listing ID: 28631188

  • Date on Market: 2023-06-01

  • Last Updated:

  • Address: 1048 S Milwaukee Ave, Wheeling, IL 60090

The Retail Property at 1048 S Milwaukee Ave, Wheeling, IL 60090 is currently available for sale. Contact Newmark for more information.

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