Net Leased Dollar Tree
11055 S Western Ave, Chicago, IL 60643
Single tenant Dollar Tree in Chicago with long-term lease.
Type:Retail
Property size:
15,717 SFPrice / SF:
$164/SF- Added:
- Dec 11, 2025
- Days on Market:
- 152
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for 11055 S Western Ave
General Information
- Standard status
- Active
- Size
- 15,717 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2002
Listing agent Randy Blankstein License #IL 471005983
Listing office The Boulder Group
Listing date Dec 11, 2025
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of The Boulder Group
HighLights
- Long‑term net lease with Dollar Tree extending through November 2033, providing stable income.
- Investment‑grade tenant (Dollar Tree) with a BBB credit rating from S&P.
- Prime hard corner location on South Western Avenue with high traffic volume (27,900+ VPD) and proximity to Interstate 57 (145,000 VPD).
- Extensive renovations completed in 2023, including parking lot upgrades, updated lighting, and refreshed signage.
- Located in an affluent area of Chicago with a high average household income ($122,000 within 1‑mile) and dense population (449,000 within 5‑mile radius).
- Strategic urban‑infill location with high barriers to entry and proximity to Morgan Park Highschool.
Overview
This single tenant net leased Dollar Tree property is located in Chicago, Illinois. The 15,717 square-foot building underwent extensive renovations in 2023 for Dollar Tree's tenancy, coinciding with the start of their long-term lease, which runs through November 2033. The lease includes three 5-year renewal options, each featuring a $0.50/SF rent increase at commencement. Significant capital improvements were completed in preparation for occupancy, including a newly sealed and striped parking lot, upgraded parking lot lighting, an updated fire sprinkler and electrical system, and a refreshed monument sign. Additionally, the HVAC system was replaced in 2018. The property benefits from its hard corner position along South Western Avenue, which experiences over 27,900 vehicles per day. It is also within proximity to Interstate 57 (145,000 VPD). The asset is in an affluent pocket of Chicago where the average household income is $122,000 within 1-mile. It is also a densely populated area with 449,000 people living in a 5-mile radius. Neighboring tenants include Fairplay Foods, NAPA Auto Parts, Meineke, PNC Bank, Buona Beef, and U-Haul. Furthermore, Morgan Park Highschool (1,200+ Students) is located less than one mile east of the property. This is an urban-infill location with high barriers to entry for new tenants.
Location Intelligence
Current Use by Public Records
Dollar Tree
Discount Store
MoneyGram
Bank
Coinstar
Bank
Amy Pokrajac
Pharmacy
Coinhub Bitcoin ATM ...
Atm
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.68073
- Latitude
- 41.692265
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FAQs
What type of property is this?
Grocery and convenience store - Single tenant Dollar Tree in Chicago with long-term lease.
Where is this grocery and convenience store located?
The property is located at 11055 S Western Ave Chicago, IL.
What is the asking price?
The asking price for this property is $2,582,071.
What are key features of this property?
This property features: Long‑term net lease with Dollar Tree extending through November 2033, providing stable income.; Investment‑grade tenant (Dollar Tree) with a BBB credit rating from S&P.; **Prime hard corner location** on South Western Avenue with high traffic volume (27,900+ VPD) and proximity to Interstate 57 (145,000 VPD).
