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Starbucks-Anchored Retail Condominium

3045 N Greenview Avenue Chicago, IL 60657

3045 N Greenview Avenue, Chicago, IL, 60657
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For Sale
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Pending

Starbucks-anchored retail condominium with net leases covering taxes, insurance, and common area expenses.

Days on Market104

Property Features for 3045 N Greenview Avenue

General Information

Standard status
Pending
Property subtype
Retail
Listing agency SAB Capital
Listed by Preet Sabharwal · License #NY 10401215775
Source Crexi
Added: Apr 10 Updated: Jul 21 at 7:24AM Checked: Jul 22 at 6:47AM

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 SAB Capital


Investment Insights

Based on property information with market context.

The Reliable Loft Retail Condominium is a Starbucks-anchored retail condominium in the Lakeview neighborhood of Chicago. The property is accompanied by residential brokers D’Aprile Properties and optometrist Big City Optical, with tenants operating under net leases that fully reimburse for real estate taxes, insurance, common area maintenance, and condominium assessments.

The subject property is located at a signalized, six-way intersection of North Lincoln Avenue, North Greenview Avenue, and West Barry Avenue. It has a 95 Walk Score and a 74 Transit Score from Redfin, and is less than half a mile from Paulina Station (CTA Brown Line) and less than one mile from Wellington Station (CTA Red Line). Wrigley Field is also located less than one and a half miles away.

More than 42% of the asset is backed by Starbucks Corporation. Starbucks has operated at this location for more than 15 years and executed an early 10-year extension option in 2011. Lease terms include annual rent increases for both D’Aprile Properties and Big City Optical.

Key Highlights

  • Starbucks‑anchored retail condominium with net leases fully reimbursing real estate taxes, insurance, common area maintenance, and condominium assessments
  • Starbucks operating at the location for more than 15 years and executed an early 10‑year extension option in 2011
  • Tenants include D’Aprile Properties and Big City Optical; both leases feature annual rent increases

Property Analytics

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Food Market (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Grocery & Convenience Store Fish Market Catering Service Electrical Service Mobile Phone Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Starbucks-anchored retail condominium with net leases covering taxes, insurance, and common area expenses.
Where is this retail space located?
The property is located at 3045 N Greenview Avenue Chicago, IL.
What are key features of this property?
This property features: Starbucks‑anchored retail condominium with net leases fully reimbursing real estate taxes, insurance, common area maintenance, and condominium assessments; Starbucks operating at the location for more than 15 years and executed an early 10‑year extension option in 2011; Tenants include D’Aprile Properties and Big City Optical; both leases feature annual rent increases
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