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4500-4700 S Damen Ave

265,413 SF 71% Leased Retail Building Chicago, IL 60609 For Sale

Executive Summary

Major retail center with over 300K residents within 3 miles
High traffic counts exceeding 29,000 vehicles per day and accessible via public transportation
Ample free surface parking
Anchored by Forman Mills with ten (10) year remaining term
Additional tenants include Dollar Tree and Planet Fitness
Major value add opportunity in leasing out two vacant box

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
265,413 SF
Building Class
C
Year Built/Renovated
1990/2013
Percent Leased
71%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
22.67 AC
Zoning
PD 463 - Business
Parking
1,200 Spaces (4.52 Spaces per 1,000 SF Leased)
Frontage
607 FT on S Damen Ave

Amenities

  • Banking
  • Restaurant
  • Signage
  • Signalized Intersection

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • A
  • 73,351 SF
  • Retail
  • In-Line
  • Now

Anchor Space Available (± 73,000 SF) Major Retail Center near 47th & Western Area co-tenants include Home Depot, Planet Fitness, Walgreens Center co-tenants include Cricket, Taco Bell, Dollar Tree Across from Back of the Yards Prep HS Immediate Availability

  • B
  • 3,100 SF
  • Retail
  • In-Line
  • Now

Anchor Space Available (± 73,000 SF) Major Retail Center near 47th & Western Area co-tenants include Home Depot, Planet Fitness, Walgreens Center co-tenants include Cricket, Taco Bell, Dollar Tree Across from Back of the Yards Prep HS Immediate Availability

Space Size Space Use Position Available
A 73,351 SF Retail In-Line Now
B 3,100 SF Retail In-Line Now

A

Size
73,351 SF
Space Use
Retail
Position
In-Line
Available
Now

B

Size
3,100 SF
Space Use
Retail
Position
In-Line
Available
Now

A

Size 73,351 SF
Space Use Retail
Position In-Line
Available Now

Anchor Space Available (± 73,000 SF) Major Retail Center near 47th & Western Area co-tenants include Home Depot, Planet Fitness, Walgreens Center co-tenants include Cricket, Taco Bell, Dollar Tree Across from Back of the Yards Prep HS Immediate Availability

B

Size 3,100 SF
Space Use Retail
Position In-Line
Available Now

Anchor Space Available (± 73,000 SF) Major Retail Center near 47th & Western Area co-tenants include Home Depot, Planet Fitness, Walgreens Center co-tenants include Cricket, Taco Bell, Dollar Tree Across from Back of the Yards Prep HS Immediate Availability

Nearby Major Retailers

Planet Fitness
Citi
Huntington National Bank
Fifth Third Bank
ALDI
Chase
Bank of America
La Fitness
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 20-06-303-027-0000
  • 20-06-303-020-0000
Land Assessment
$2,389,188
Improvements Assessment
$2,760,894
Total Assessment
$5,150,082
  • Listing ID: 31126096

  • Date on Market: 3/5/2024

  • Last Updated:

  • Address: 4500-4700 S Damen Ave, Chicago, IL 60609

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