5001 W Madison St | Chicago, IL 60644
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- LoopNet Team
5001 W Madison St
Chicago, IL 60644
NNN Chicago AAP · Retail Property For Sale
Investment Highlights
- Upgraded Construction Advance Auto Parts (AAP) - Densely Populated Urban Infill Location
- Huge 42% Rental Increase in 1st Option Period
- Astounding 1,000,000+ Population within 5 Miles of Subject Property - Over 44,000 within 1 Mile
- Tenant Fully Responsible for Roof, HVAC and Parking Lot
- Located on Lighted on Corner of Lighted Intersection with 2 Points of Access - Next Door to McDonalds
- AAP Extended their Lease Early in 2022 Leaving Almost 7 Years Remaining on Current Term
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.52 AC
Zoning
C2-2
Parking
20 Spaces (2.9 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 16-16-201-020-0000 | Improvements Assessment | $108,849 |
| Land Assessment | $73,652 | Total Assessment | $182,501 |
PROPERTY TAXES
Parcel Number
16-16-201-020-0000
Land Assessment
$73,652
Improvements Assessment
$108,849
Total Assessment
$182,501
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