8307 S South Chicago Ave
Chicago, IL
Price:
$1074000
Cap Rate:
6.25%
NOI:
$67,128
Building Size:
Approx. 2562 Sq. Ft.
Lot Size:
Approx. 0.69 Acres
Type:
Single-Tenant / Retail
Sub Category:
QSR
Year Built:
2003
Investment Overview
- 2,562+/- SF Building on .69+/- Acre Site
- 15-Yr NNN lease w/ 10% Rent Bumps Every 5-Yrs
- Located along E 83rd (15K VPD), E of I-90 (48K VPD)
- Near Jiffy Lube, Maaco, CubeSmart, Chicago Vocational HS
- Local Attractions: Navy Pier, Millennium Park, Lincoln Park Zoo
- 3-Miles Estimated Pop: 226,520 | 3-Mile Avg. HH Income: $46,302
- Chicagoland (MSA) | 3rd Largest MSA in the U.S | Pop: 9,461,105