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Five-Suite Retail Center

4430-4440 W Fullerton Avenue, Chicago, IL 60639

For Sale
Contact for pricing

Fully occupied retail space fronts a commercial corridor near two arterial roads and public transit.

Property Size8,055 SF
Lot Size0.51 Acres
Price / SF$211.12
Days on Market26

Property Features for 4430-4440 W Fullerton Avenue

General Information

Standard status Active
Size 8,055 SF
Lot size 0.51 Acres
Property subtype Retail
Occupancy 100%

Site & Location

Neighborhood North Side
Highway Access Yes
Road Access Yes

Additional Details

Tenant in Place Yes

Building Details

Tenancy Multi
Listing Agency: Horvath & Tremblay
Listed By: Marc Sibai · License #IL 475.208611
Source: Crexi
Added: Oct 15 Changed: Nov 8 Last Checked: Nov 8 at 4:38PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail center contains 8,055 square feet of leasable area across five suites on a 0.51-acre parcel. The property is fully occupied and includes on-site parking.

The center is located on W Fullerton Avenue 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 corridor; the Healy Metra Station and California Station on the CTA Blue Line provide additional transit connections. The surrounding area includes established residential neighborhoods, retailers, restaurants, grocery stores, schools, parks, and employment centers.

Key Highlights

  • 8,055 square feet of leasable retail space
  • Five suites on a 0.51‑acre parcel
  • 100% occupied

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$114,910
Cap Rate
6.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,298,200 $2.3M
Cap Rate 7%
$1,641,571 $1.6M
Cap Rate 9%
$1,276,778 $1.3M
Market Conditions
NOI Build-Up for 8,055 SF
Gross rent
$178.8K $22.20/SF
− Vacancy
−$14.7K −$1.82/SF
EGI
$164.2K $20.38/SF
− OpEx
−$49.2K −$6.11/SF
NOI
$114.9K $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%
$2,298,200
Cap Rate 7%
$1,641,571
Cap Rate 9%
$1,276,778

Alternative Uses

Best Use
Retail
$1.64M
$1.44M – $1.92M (±1% cap)
NOI $114,910 @ 7.0% cap · market cap 6.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.56M
$3.12M – $4.16M (±1% cap)
NOI $249,305 @ 7.0% cap · market cap 14.66%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

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

Average Price Trend$/SF for Strip malls in Chicago, IL

$166 Jul
$164 Aug
$160 Sep
$183 Oct

Properties on Market for Strip malls in Chicago

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025

Frequently Asked Questions

What type of property is this?
Strip mall - Fully occupied retail space fronts a commercial corridor near two arterial roads and public transit.
Where is this strip mall located?
The property is located at 4430-4440 W Fullerton Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,700,548.
What are key features of this property?
This property features: 8,055 square feet of leasable retail space; Five suites on a 0.51‑acre parcel; 100% occupied
(312) 957-7163 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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