4940 River RdSchiller Park, IL 60176

This exceptional 23,000 square foot, single-story shopping center in Schiller Park, IL, presents a compelling investment opportunity. Boasting 100% occupancy with six diverse tenants, including Enterprise Rent-A-Car and Shoeless Joe's Ale House & Grille, this property generates a strong net operating income (NOI) of $315,569, representing an 8.00% cap rate. Built in 1990 and renovated in 2007, the property sits on a 1.38-acre lot with ample parking (82 spaces). Located just 0.75 miles from O'Hare International Airport and near the Rosemont Entertainment District, this prime location benefits from high traffic volume (approximately 25,800 vehicles daily) and a dense population. The property features a flexible zoning allowing for both retail and industrial use. Leases commenced April 21, 2009, and expire February 28, 2030, with rent bumps included. The asking price is $3,940,000 ($171.30/sq ft). This fee-simple ownership offers significant long-term potential in a highly desirable location. The property's proximity to major transportation arteries (I-294 and I-190) and significant attractions like the Fashion Outlets of Chicago and the Donald E. Stephens Convention Center further enhances its value and appeal. The property's strong tenant mix, long-term leases, and exceptional location make it an ideal investment for discerning buyers.