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ALDI 215 S Harlem Ave

24,399 SF Retail Building Forest Park, IL 60130 $7,640,000 ($313/SF) 5.75% Cap Rate

Investment Highlights

  • Long Term Lease with Depreciation Benefits
  • Strong Grocery Tenant with ALDI
  • High Traffic Location in Dense Trade Area
  • Tenant Capital Contribution & Low Rent PSF
  • Complete Gut Rehab with Abundant Parking Available
  • Located Near the Heart of Oak Park with Close Proximity to Downtown Chicago

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
24,399 SF
Building Class
C
Year Built
2024
Price
$7,640,000
Price Per SF
$313
Cap Rate
5.75%
NOI
$439,182
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
1.40 AC
Zoning
B-2, Forest Park
Parking
92 Spaces (3.67 Spaces per 1,000 SF Leased)
Walk Score ®
Walker's Paradise (94)
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.®

Nearby Major Retailers

Ymca
Starbucks
ALDI
Whole Foods
Boston Market
TGI Fridays
CAVA
Citi
Noodles & Company
Nando's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-12-428-033-0000
Land Assessment
$213,693
Improvements Assessment
$357,178
Total Assessment
$570,871
  • Listing ID: 33748385

  • Date on Market: 11/4/2024

  • Last Updated:

  • Address: 215 S Harlem Ave, Forest Park, IL 60130

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