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7108 S Wabash Ave 7108 S Wabash Ave

6,000 SF 100% Leased Retail Building Chicago, IL 60619 $2,023,798 CAD ($337 CAD/SF) 8.34% Cap Rate

Mixed Use Properties Illinois Chicago 7108 S Wabash Ave, Chicago, IL 60619

Investment Highlights

  • 100% Leased Newer Retail Center
  • Long Term Tenants
  • Maintenance Free PVC Roof
  • All leases are NNN
  • Stabilized Center
  • Densely Populated Area

Executive Summary

Investment is a newer 6,000sf multi-tenant retail center on a 16,917sf site. Property is 100% occupied with 5 tenants. All leases are triple net. Professionally managed property. The property is located on the west border of Chicago's Greater Grand Crossing Community. The property was built in 2014. Property features include a maintenance-free PVC roof, newer HVAC systems, and long-term quality tenants. The site is located one block east of the Dan Ryan Expressway on the south side of the street.

Attachments

7108 S Wabash Ave Brochure

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,000 SF
Year Built/Renovated
2014/2020
Price
$2,023,798 CAD
Price Per SF
$337 CAD
Cap Rate
8.34%
NOI
$168,698 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
0.39 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
B3-1
Frontage
169 ft on 71st St
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Walk Score ®
Very Walkable (82)
Transit Score ®
Excellent Transit (74)
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.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Aldi
StorageMart
(708) 927-8000

Contacts

  • Listing ID: 34250771

  • Date on Market: 2024-12-19

  • Last Updated:

  • Address: 7108 S Wabash Ave, Chicago, IL 60619

The Retail Property at 7108 S Wabash Ave, Chicago, IL 60619 is currently available for sale. Contact Network Commercial Real Estate, llc. for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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7108 S Wabash Ave, Chicago, IL for sale Primary Photo- Image 1 of 4
7108 S Wabash pic 17
7108 S Wabash Ave, Chicago, IL for sale Building Photo- Image 2 of 4
7108 S Wabash pic 3
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7108 S Wabash floorplan

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7108 S Wabash Ave | 7108 S Wabash Ave
(708) 927-8000 x

7108 S Wabash Ave | 7108 S Wabash Ave

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Neil Haleem

(708) 927-8000

(708) 927-8000

Adam Haleem

(708) 800-6487

(708) 800-6487

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