Halsted Plaza Shopping Center | 801-837 W 119th St
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Halsted Plaza Shopping Center 801-837 W 119th St
61,800 SF 100% Leased Retail Building Chicago, IL 60643 $4,800,000 ($78/SF) 10.42% Cap Rate
Investment Highlights
- Heavy traffic at main intersection of Halsted & 119th
- Excellent visibility and accessibility
- Stable, long-term tenants, including the state of IL and 2 national brand-name retailers
Executive Summary
***PRICE NOW REDUCED TO $4,800,000, with 10.42% CAP Rate!***
GREAT INVESTMENT OPPORTUNITY IN CHICAGO!
Here's your chance to own this 100% leased shopping center on main intersection of Halsted and 119th Street in the West Pullman neighborhood of Chicago. Big name retailers Citi Trends and Family Dollar highlight the tenants, along with the State of Illinois Human Services office and a local family services center. This property is prominently located in a dense and high-traffic area, and just 1 short mile east of Interstate 57.
Message for more information.
GREAT INVESTMENT OPPORTUNITY IN CHICAGO!
Here's your chance to own this 100% leased shopping center on main intersection of Halsted and 119th Street in the West Pullman neighborhood of Chicago. Big name retailers Citi Trends and Family Dollar highlight the tenants, along with the State of Illinois Human Services office and a local family services center. This property is prominently located in a dense and high-traffic area, and just 1 short mile east of Interstate 57.
Message for more information.
Data Room Click Here to Access
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
61,800 SF
Building Class
B
Year Built/Renovated
1967/1983
Price
$4,800,000
Price Per SF
$78
Cap Rate
10.42%
NOI
$500,218
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.47
Lot Size
3.00 AC
Parking
300 Spaces (3.8 Spaces per 1,000 SF Leased)
Frontage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 25-29-202-001-0000 | Total Assessment | $1,274,251 (2024) |
| Land Assessment | $393,215 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $881,036 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
25-29-202-001-0000
Land Assessment
$393,215 (2024)
Improvements Assessment
$881,036 (2024)
Total Assessment
$1,274,251 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
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Halsted Plaza Shopping Center | 801-837 W 119th St
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