Ground-Floor Retail
1720 W North Ave Chicago, IL 60622
1720 W North Ave, Chicago, IL, 60622
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For Sale
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Newer ground-floor retail suite leased to iLoveKickboxing in a mixed-use building with 17 residential units.
Days on Market91
Property Features for 1720 W North Ave
General Information
- Standard status
- Active
- Property subtype
- Retail, Mixed Use
Listing agency
JLL - New York City, New York
Listed by
Alex Geanakos · License #IL: #475.189621
Source
Crexi
Added: Apr 23 Updated: Jul 22 at 7:34AM Checked: Jul 22 at 7:34AM
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
Location Intelligence
Current Use by Public Records
chicago il kickboxing ...
Gym & Fitness Center
Cash On the Spot Llc
Atm
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- LulaFit
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- 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
FAQs
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
