Ground-Floor Retail
For Sale
Contact for pricing
1720 W North Ave, Chicago, IL 60622
Newer ground-floor retail suite leased to iLoveKickboxing in a mixed-use building with 17 residential units.
Days on Market99
Property Features for 1720 W North Ave
General Information
Standard status
Active
Property subtype
Retail, Mixed Use
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2015
Tenancy
Single
Listing Agency:
JLL - New York City, New York
Listed By:
Alex Geanakos · License #IL: #475.189621
Source:
Crexi
Added: Apr 23
Changed: Jul 22
Last Checked: Jul 23 at 9:52AM
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 JLL - New York City, New York
Investment Insights
Based on property information with market context.
JLL is pleased to offer for sale the ground-floor retail condominium interest in a recently constructed mixed-use building. Built in 2015, the property includes 17 residential condominium units and a sole retail suite on the first floor. The retail space is leased to a franchise of iLoveKickboxing under a net lease structure with over six years of remaining term and annual three percent rental escalators, with minimal landlord responsibilities.
The property is situated on North Avenue between Milwaukee and Interstate 90/94, with convenient access to the Damen CTA Blue Line Stop and to commuters using the North Avenue exit ramp off Interstate 90/94. The retail suite is positioned to serve residents and tenants within a transit-oriented setting.
As a single-tenant ground-floor retail condominium within a mixed-use asset, the offering provides a straightforward lease profile tied to a fitness concept franchise with existing local and international footprint.
The property is situated on North Avenue between Milwaukee and Interstate 90/94, with convenient access to the Damen CTA Blue Line Stop and to commuters using the North Avenue exit ramp off Interstate 90/94. The retail suite is positioned to serve residents and tenants within a transit-oriented setting.
As a single-tenant ground-floor retail condominium within a mixed-use asset, the offering provides a straightforward lease profile tied to a fitness concept franchise with existing local and international footprint.
Key Highlights
- Ground‑floor retail condominium suite in a mixed‑use building with 17 residential condominium units
- Retail is leased to iLoveKickboxing fitness franchise on a net lease structure with over 6 years remaining term
- Lease includes 3% annual rental escalators
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5,934
Businesses Nearby
269k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 39%
Dining 31%
Apparel 12%
Groceries 12%
Barnes & Noble
Shops & Services
48,824 visits/mo
0.1 miles
Aldi
Groceries
32,222 visits/mo
0.3 miles
Circle K
Shops & Services
17,408 visits/mo
0.4 miles
Jeni's Splendid Ice Creams
Dining
11,621 visits/mo
0.2 miles
Shell
Shops & Services
11,035 visits/mo
0.5 miles
Demographics for 60622, IL
55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
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Similar Off Market Nearby
- LulaFit
- Division St. CrossFit — 2133 W Division St, Chicago, IL 60622
- The Club 312 — 1023 N Ashland Ave, Chicago, IL 60622
- Feuerbach Fitness, LLC — 1012 N Noble St, Chicago, IL 60642
- Surreal Cycling — 1030 N Wolcott Ave, Chicago, IL 60622
Frequently Asked Questions
What type of property is this?
Fitness center & gym - Newer ground-floor retail suite leased to iLoveKickboxing in a mixed-use building with 17 residential units.
Where is this fitness center & gym located?
The property is located at 1720 W North Ave Chicago, IL.
What are key features of this property?
This property features: Ground‑floor retail condominium suite in a mixed‑use building with 17 residential condominium units; Retail is leased to iLoveKickboxing fitness franchise on a net lease structure with over 6 years remaining term; Lease includes 3% annual rental escalators
