6440-6444 W Diversey Ave 4,580 SF 100% Leased Retail Building Chicago, IL 60707 $1,100,000 ($240.17/SF) 8.18% Cap Rate

Great location near prime shopping center.
Exterior Facade Recently Renovated
100% Leased!
New Long Term Lease with Restaurant Tenant
• Tacos el Jefe - lease expires 7/31/2033 and tenant is paying $7,210/month with 2% annual rent increases every July 1st
• Magnum Insurance - lease expires 2/28/2027 and tenant pays $3,605/month with a 3 year renewal option thereafter
• Total Gross Revenues- $128,000
• Total Operating Expenses - approximately $38,000/year
Constructed in 1959 and remodeled in its entirety in 2005, the property is constructed from an attractive mix of brick and sits on
approximately .38 Acres of land. It has excellent frontage and visibility on Diversey with easy ingress and egress of this street as well. Both
tenants have excellent visibility and excellent signage on the property.
The property sits directly across the street from The Brickyard, a 487,000 Square Foot Big Box retail shopping destination. The Brickyard
was formerly regional suburban style shopping mall and was redeveloped into a large scale big box development. The roster of tenants at
the Brickyard include: Target, Lowe's, Jewel Osco, Pier One Imports, McDonalds, Marshalls, Home Depot, Aldi, Office Depot,
Walgreens, among many others. The Brickyard is a true retail destination and one of it's kind in this densely populated Chicago
neighborhood