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Retail Building Near Wrigley Field
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1115 W Addison St, Chicago, IL 60613

Modern retail property with national credit tenants under long-term NNN leases.

Property Size58,819 SF
Price / SF$539.79
Days on Market156

Property Features for 1115 W Addison St

General Information

Standard status Active
Size 58,819 SF
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $1,983,635

Building Details

Year Built 2021
Stories 4
Tenancy Multi
Listing Agency: Dash Commercial Real Estate Advisors
Listed By: John Dudash · License #312456
Source: Crexi
Added: Apr 1 Changed: Aug 30 Last Checked: Aug 31 at 6:36PM

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 Dash Commercial Real Estate Advisors

Investment Insights

Based on property information with market context.

This 58,819-square-foot retail property was built in 2021 and is located at 1115 W Addison St in Chicago. The asset sits directly outside Wrigley Field, placing it at a prominent event-oriented retail location.

The property is leased to a diversified group of national credit tenants through long-term NNN lease agreements. The reported weighted average lease term is 10.74 years, providing substantial remaining lease duration for ownership focused on durable tenancy and established occupants.

Key Highlights

  • 58,819‑square‑foot retail property
  • Built in 2021
  • Directly outside Wrigley Field

Property Analytics

Current Use

Movement Wrigleyville Gym & Fitness Center

Suggested Use

Top Pick Food Market Law Firm Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,504
Businesses Nearby
247k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 43% Groceries 19% Shops & Services 18% Apparel 12%
Raising Cane's Chicken Fingers Dining
36,207 visits/mo 0.2 miles
Jewel-Osco Groceries
30,208 visits/mo 0.3 miles
Shell Shops & Services
21,286 visits/mo 0.5 miles
Chick-fil-A Dining
19,353 visits/mo 0.2 miles
Whole Foods Market Groceries
16,040 visits/mo 0.5 miles

Demographics for 60613, IL

53,048
Population
31,263
Households
1.7
Avg Household Size
34
Median Age
75%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
23,064
Density / Sq Mi
$91,351
Median Household Income
$68,713
Median Earnings
$1,616
Median Rent
$397,800
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Modern retail property with national credit tenants under long-term NNN leases.
Where is this retail space located?
The property is located at 1115 W Addison St Chicago, IL.
What is the asking price?
The asking price for this property is $31,750,000.
What are key features of this property?
This property features: 58,819‑square‑foot retail property; Built in 2021; Directly outside Wrigley Field
More about this property
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