Prime Chicago Retail Property | 6418-6422 N Sheridan Rd
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Prime Chicago Retail Property 6418-6422 N Sheridan Rd
28,669 SF Retail Building Chicago, IL 60626 $14,500,000 ($506/SF)
Executive Summary
Built in 2019 and occupied by Target, a new Wintrust Bank branch and an actively marketed third retail space, the 28,669 sq. ft. commercial property includes a below-grade parking component with 59 retail parking stalls. The property is located in a densely populated area adjacent to Loyola University campus and the intersection of North Sheridan Rd. and West Devon Ave., with approximately 46,000 daily vehicle traffic and heavy pedestrian use. Long-term leases.
Gross scheduled income approaching $1,500,000 annually.
NET income is soon to be just under $1,000,000 annually.
Gross scheduled income approaching $1,500,000 annually.
NET income is soon to be just under $1,000,000 annually.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
28,669 SF
Building Class
B
Year Built
2019
Price
$14,500,000
Price Per SF
$506
Tenancy
Single
Building Height
1 Story
Building FAR
0.79
Land Acres
0.83 AC
Zoning
PD-1372
Walk Score ®
Walker's Paradise (93)
Transit Score ®
Excellent Transit (73)
Bike Score ®
Very Bikeable (88)
Nearby Major Retailers
-
Rachel Levin -
Rick Levin -
Rick Levin & Associates, Inc.
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Prime Chicago Retail Property | 6418-6422 N Sheridan Rd
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