Net Leased Grocery Convenience
For Sale
Contact for pricing
Pending
4701 South Cottage Grove, Chicago, IL 60615
Save-A-Lot is offered as 100% fee simple interest with a net lease and minimal landlord obligations.
Property Size14,800 SF
Days on Market19
Property Features for 4701 South Cottage Grove
General Information
Standard status
Pending
Size
14,800 SF
Property subtype
Retail
Listing Agency:
The Kase Group
(415) 269-2474
Listed By:
Jacob Abusharkh · License #CA 01385529
Source:
Crexi
Added: Jul 21
Changed: Aug 8
Last Checked: Aug 8 at 7:11AM
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 Kase Group
Investment Insights
Based on property information with market context.
This offering presents the opportunity to acquire 100% fee simple interest in a net leased Save-A-Lot. The property consists of a 14,800-square-foot Save-A-Lot grocery and convenience store with minimal landlord obligations under the existing net lease structure. The tenant recently exercised their second option, with one option period remaining.
The store is located in Chicago’s Hyde Park District within a major retail corridor. It is approximately within 3/4 miles of the University of Chicago School and benefits from proximity to University of Chicago Hospital. The site is also about 1 mile from the Hyde Park shopping corridors of 53rd, 55th, and 57th streets, and is surrounded by major retailers including Walmart, McDonald’s, Popeye’s, and Ross Dress for Less.
The purchase includes the underlying land and building associated with the net leased Save-A-Lot.
The store is located in Chicago’s Hyde Park District within a major retail corridor. It is approximately within 3/4 miles of the University of Chicago School and benefits from proximity to University of Chicago Hospital. The site is also about 1 mile from the Hyde Park shopping corridors of 53rd, 55th, and 57th streets, and is surrounded by major retailers including Walmart, McDonald’s, Popeye’s, and Ross Dress for Less.
The purchase includes the underlying land and building associated with the net leased Save-A-Lot.
Key Highlights
- Net leased Save‑A‑Lot offered as 100% fee simple interest in the land and building
- 14,800 SF Save‑A‑Lot in Chicago, IL within Chicago’s Hyde Park District
- Tenant recently exercised their second option; one option period remaining
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,694
Businesses Nearby
92k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Dining 45%
Electronics 3%
Apparel 3%
McDonald's
Dining
28,354 visits/mo
0.1 miles
Dollar Tree
Shops & Services
16,577 visits/mo
0.1 miles
Family Dollar
Shops & Services
16,354 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
11,191 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
5,937 visits/mo
0.1 miles
Demographics for 60615, IL
43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Valley of Jordan Food — 1009 E 53rd St, Chicago, IL 60615
- Hyde Park Produce Market — 1226 E 53rd St, Chicago, IL 60615
- Target Grocery — 1346 E 53rd St, Chicago, IL 60615
- One Stop Food & Liquors — 4301 S Lake Park Ave, Chicago, IL 60653
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Save-A-Lot is offered as 100% fee simple interest with a net lease and minimal landlord obligations.
Where is this grocery and convenience store located?
The property is located at 4701 South Cottage Grove Chicago, IL.
What are key features of this property?
This property features: Net leased Save‑A‑Lot offered as 100% fee simple interest in the land and building; 14,800 SF Save‑A‑Lot in Chicago, IL within Chicago’s Hyde Park District; Tenant recently exercised their second option; one option period remaining
