Multi-Tenant NNN Retail
For Sale
Contact for pricing
Pending
2101 W Armitage Ave, Chicago, IL 60647
Fully leased building with Starbucks and The Nook operating under extended lease terms.
Property Size6,482 SF
Days on Market143
Property Features for 2101 W Armitage Ave
General Information
Standard status
Pending
Size
6,482 SF
Property subtype
Retail
Occupancy
100%
Site & Location
Frontage
100 ft
Traffic Count
13,700 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 31 at 5:29PM
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 Boulder Group
Investment Insights
Based on property information with market context.
This 6,482-square-foot retail building is fully leased to Starbucks and The Nook Childcare & Preschool. Starbucks has operated at the site since the 1990s, recently extended its lease through 2028, and completed an interior renovation funded by the tenant. The Nook has extended its lease through June 2030. Starbucks holds four remaining five-year options with 10% rental escalations, while The Nook has one remaining five-year option with a 3% rental increase.
The property fronts West Armitage Avenue in Chicago’s Bucktown neighborhood, with nearly 100 feet of frontage and reported traffic of more than 13,700 vehicles per day. Interstate 90/94 is nearby, carrying 313,000 VPD, and the property is positioned near Riverfront Plaza, Riverpoint Center, and retailers including Best Buy, Mariano’s, Kohl’s, Walgreens, PNC Bank, 7-Eleven, and McDonald’s. Downtown Chicago is less than five miles southeast, and 1.25 million people live within a five-mile radius.
The property fronts West Armitage Avenue in Chicago’s Bucktown neighborhood, with nearly 100 feet of frontage and reported traffic of more than 13,700 vehicles per day. Interstate 90/94 is nearby, carrying 313,000 VPD, and the property is positioned near Riverfront Plaza, Riverpoint Center, and retailers including Best Buy, Mariano’s, Kohl’s, Walgreens, PNC Bank, 7-Eleven, and McDonald’s. Downtown Chicago is less than five miles southeast, and 1.25 million people live within a five-mile radius.
Key Highlights
- 6,482‑square‑foot building leased to Starbucks and The Nook Childcare & Preschool
- Starbucks lease extended through 2028 with four remaining five‑year options
- The Nook lease extended through June 2030 with one remaining five‑year option
Property Analytics
Property Profile
Current Use
Lease Details
13,700 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,330
Businesses Nearby
195k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Dining 32%
Groceries 16%
Electronics 2%
Barnes & Noble
Shops & Services
48,824 visits/mo
0.5 miles
McDonald's
Dining
43,397 visits/mo
0.3 miles
Aldi
Groceries
32,222 visits/mo
0.3 miles
Shell
Shops & Services
23,379 visits/mo
0.5 miles
7-Eleven
Shops & Services
5,878 visits/mo
0.2 miles
Demographics for 60647, IL
85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
NNN property - Fully leased building with Starbucks and The Nook operating under extended lease terms.
Where is this nnn property located?
The property is located at 2101 W Armitage Ave Chicago, IL.
What are key features of this property?
This property features: 6,482‑square‑foot building leased to Starbucks and The Nook Childcare & Preschool; Starbucks lease extended through 2028 with four remaining five‑year options; The Nook lease extended through June 2030 with one remaining five‑year option
