Grocery-Anchored Shopping
4404 W Fullerton Avenue, Chicago, IL 60639
For Sale
Contact for pricing
Three retail suites are fully occupied on a corner parcel with on-site parking.
Property Size18,820 SF
Lot Size0.85 Acres
Price / SF$160.54
Days on Market26
Property Features for 4404 W Fullerton Avenue
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Neighborhood
Corner Location
Highway Access
Road Access
Additional Details
Tenant in Place
Building Details
Tenancy
Listing Agency:
Horvath & Tremblay
Listed By:
Marc Sibai · License #IL 475.208611
(312) 957-7163
Source:
Crexi
Added: Oct 15
Changed: Nov 8
Last Checked: Nov 8 at 5:31PM
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 Horvath & Tremblay
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Chicago shopping center contains 18,820 square feet of gross leasable area across three retail suites. The 0.85-acre property is fully occupied and includes on-site parking. A grocery store anchors the retail plaza, which sits on a corner parcel along W Fullerton Avenue.
The property is near N Cicero Avenue (IL Route 50), with W North Avenue (IL Route 64) and the Kennedy Expressway (I-90/I-94) also accessible. CTA Route 74 serves the Fullerton Avenue corridor. The Healy Metra Station is nearby, and the CTA Blue Line’s California Station is east of the property. The surrounding area includes residential neighborhoods, retailers, restaurants, grocery stores, service businesses, schools, parks, and employment centers.
The property is near N Cicero Avenue (IL Route 50), with W North Avenue (IL Route 64) and the Kennedy Expressway (I-90/I-94) also accessible. CTA Route 74 serves the Fullerton Avenue corridor. The Healy Metra Station is nearby, and the CTA Blue Line’s California Station is east of the property. The surrounding area includes residential neighborhoods, retailers, restaurants, grocery stores, service businesses, schools, parks, and employment centers.
Key Highlights
- 18,820 square feet of gross leasable area on 0.85 acres
- Three retail suites; 100% occupied
- Grocery‑anchored retail plaza on a corner parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$268,481
Cap Rate
8.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,369,620
$5.4M
Cap Rate 7%
$3,835,443
$3.8M
Cap Rate 9%
$2,983,122
$3.0M
Market Conditions
NOI Build-Up for 18,820 SF
Gross rent
$417.8K $22.20/SF
− Vacancy
−$34.3K −$1.82/SF
EGI
$383.5K $20.38/SF
− OpEx
−$115.1K −$6.11/SF
NOI
$268.5K $14.27/SF
Area
ZIP 60639
Vacancy
8.20%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,369,620
Cap Rate 7%
$3,835,443
Cap Rate 9%
$2,983,122
Alternative Uses
Best Use
Retail
$3.84M
$3.36M – $4.47M
NOI $268,481 @ 7.0% cap · market cap 8.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.32M
$7.28M – $9.71M
NOI $582,487 @ 7.0% cap · market cap 19.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,663
Businesses Nearby
111k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Shops & Services 45%
Electronics 1%
McDonald's
Dining
38,417 visits/mo
0.5 miles
Dollar Tree
Shops & Services
20,570 visits/mo
0.5 miles
BP
Shops & Services
10,894 visits/mo
0.1 miles
KFC
Dining
9,626 visits/mo
0.4 miles
SUBWAY
Dining
8,634 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
Properties on Market for Shopping centers in Chicago
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Shopping center - Three retail suites are fully occupied on a corner parcel with on-site parking.
Where is this shopping center located?
The property is located at 4404 W Fullerton Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $3,021,366.
What are key features of this property?
This property features: 18,820 square feet of gross leasable area on 0.85 acres; Three retail suites; 100% occupied; Grocery‑anchored retail plaza on a corner parcel
