Shopping Center with Aldi Ground
For Sale
Contact for pricing
Pending
4633 W Diversey Avenue, Chicago, IL 60639
Fully leased retail center combining a grocery store ground lease with newly constructed shop space.
Property Size26,467 SF
Days on Market145
Property Features for 4633 W Diversey Avenue
General Information
Standard status
Pending
Size
26,467 SF
Property subtype
Retail
Occupancy
100%
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
Newmark | Chicago - 500 West Monroe St.
Listed By:
Michael P. Dillon · License #IL 471014491
Source:
Crexi
Added: Apr 11
Changed: Sep 1
Last Checked: Sep 1 at 2:38AM
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 Newmark | Chicago - 500 West Monroe St.
Investment Insights
Based on property information with market context.
Diversey Shopping Center is a 26,467-square-foot retail property comprising a freestanding Aldi grocery store under a ground lease and a separate 9,810-square-foot retail building. The shop building was completed in 2016 and contains newly constructed structural components that are largely under warranty. Both components are 100% leased, with fixed long-term lease arrangements. The Aldi lease has a fixed base term extending through January 31, 2033, and includes the tenant’s pro rata share of the parking lot tax bill.
Located at 4633 W. Diversey Avenue in Chicago’s Kelvyn Park neighborhood, the center is approximately 7 miles northwest of downtown Chicago and directly across from a Walmart Supercenter. Chase Bank and McDonald’s share ingress and egress points and the property parking lot, although they are not included in the offering. The Aldi ground lease, shop building, or both components may be acquired together.
Located at 4633 W. Diversey Avenue in Chicago’s Kelvyn Park neighborhood, the center is approximately 7 miles northwest of downtown Chicago and directly across from a Walmart Supercenter. Chase Bank and McDonald’s share ingress and egress points and the property parking lot, although they are not included in the offering. The Aldi ground lease, shop building, or both components may be acquired together.
Key Highlights
- 26,467‑square‑foot retail shopping center with a freestanding Aldi grocery store and 9,810‑square‑foot shop building
- Property is 100% leased with fixed long‑term lease arrangements
- Aldi ground lease has a fixed base term extending through January 31, 2033
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,623
Businesses Nearby
37k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 93%
Dining 7%
Dollar Tree
Shops & Services
20,570 visits/mo
0.3 miles
PLS Financial Services
Shops & Services
7,633 visits/mo
0.3 miles
Citgo
Shops & Services
6,161 visits/mo
0.3 miles
Domino's Pizza
Dining
2,531 visits/mo
0.5 miles
Demographics for 60639, IL
89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully leased retail center combining a grocery store ground lease with newly constructed shop space.
Where is this shopping center located?
The property is located at 4633 W Diversey Avenue Chicago, IL.
What are key features of this property?
This property features: 26,467‑square‑foot retail shopping center with a freestanding Aldi grocery store and 9,810‑square‑foot shop building; Property is 100% leased with fixed long‑term lease arrangements; Aldi ground lease has a fixed base term extending through January 31, 2033
