Dollar General Retail
For Sale
$1,295,000
316 W 103rd, Chicago, IL 60628
Ground-floor retail asset with an on-site parking lot and extended occupancy commitment.
Property Size12,075 SF
Price / SF$107.25
Days on Market93
Property Features for 316 W 103rd
General Information
Standard status
Active
Size
12,075 SF
Property subtype
Retail
Additional Details
Floor
Ground
Cap Rate
10%
Building Details
Building Size
12,075 SF
Year Built
1962
Tenancy
Single
Listing Agency:
FRIEDMAN REAL ESTATE IL LLC
(248) 324-2000
Listed By:
Josh Miller · License #475155060
Source:
Friedmanrealestate
Added: Jun 2
Changed: Aug 30
Last Checked: Aug 31 at 2:22PM
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 FRIEDMAN REAL ESTATE IL LLC
Investment Insights
Based on property information with market context.
This 12,075-square-foot ground-floor retail property includes an on-site parking lot and is occupied by Dollar General. The building was constructed in 1962, and the retailer has operated at the property since 2013. A new 2-year lease extension runs through July 2027, providing a defined lease term and continued tenant presence.
The property fronts 103rd Street, a primary east-west arterial in Chicago. A CTA Red Line extension is scheduled to begin construction in 2025 with a new 103rd Street Station planned just steps from the property. The transit project is supported by a $2 Billion FTA grant. The offering reflects a 10% cap rate.
The property fronts 103rd Street, a primary east-west arterial in Chicago. A CTA Red Line extension is scheduled to begin construction in 2025 with a new 103rd Street Station planned just steps from the property. The transit project is supported by a $2 Billion FTA grant. The offering reflects a 10% cap rate.
Key Highlights
- 12,075‑square‑foot ground‑floor retail building
- Occupied by Dollar General since 2013
- New 2‑year lease extension through July 2027
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
439
Businesses Nearby
23k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Mobil
Shops & Services
7,219 visits/mo
0.1 miles
Family Dollar
Shops & Services
6,551 visits/mo
0.5 miles
Dollar General
Shops & Services
5,366 visits/mo
0.1 miles
AutoZone
Shops & Services
2,199 visits/mo
0.5 miles
Chase Bank
Shops & Services
1,645 visits/mo
0.5 miles
Demographics for 60628, IL
62,832
Population
28,736
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
5,712
Density / Sq Mi
$49,719
Median Household Income
$35,974
Median Earnings
$1,168
Median Rent
$158,500
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Ground-floor retail asset with an on-site parking lot and extended occupancy commitment.
Where is this retail space located?
The property is located at 316 W 103rd Chicago, IL.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 12,075‑square‑foot ground‑floor retail building; Occupied by Dollar General since 2013; New 2‑year lease extension through July 2027
