Six-Unit Retail Strip
For Sale
Contact for pricing
Pending
6001-6019 N Nina Avenue, Chicago, IL 60631
Six-unit strip center with strong recent income performance and convenient Norwood Park transit and highway access.
Property Size9,750 SF
Days on Market52
Property Features for 6001-6019 N Nina Avenue
General Information
Standard status
Pending
Size
9,750 SF
Property subtype
Retail
Investment Type
Value Add
Building Details
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Ellsbury Group
Listed By:
Xever Lemieux · License #RB22000768
Source:
Crexi
Added: Jun 19
Changed: Aug 8
Last Checked: Jul 24 at 7:56AM
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 Ellsbury Group
Investment Insights
Based on property information with market context.
This six-unit retail strip center is currently operating with strong occupancy, supported by annual income that has consistently been above $125,000 for the past three years. The center is configured as multiple retail spaces within a single strip property, offering an ownership platform suited to active leasing and repositioning strategies.
The property is located in Chicago’s Norwood Park neighborhood, within walking distance of downtown Norwood Park and the corresponding Blue Line stop. It is also described as minutes away from I-90 and O’Hare Airport, supporting convenient access for both employees and customers.
For investors and owner-operators, the offering describes a clear path toward stabilization through a full lease-up, along with the potential to convert the leases to NNN structure and pursue mark-to-market rent adjustments. The presentation is positioned as a value-add retail opportunity, with the operational plan and assumptions detailed in the offering memorandum, including leases and income and expense information.
The property is located in Chicago’s Norwood Park neighborhood, within walking distance of downtown Norwood Park and the corresponding Blue Line stop. It is also described as minutes away from I-90 and O’Hare Airport, supporting convenient access for both employees and customers.
For investors and owner-operators, the offering describes a clear path toward stabilization through a full lease-up, along with the potential to convert the leases to NNN structure and pursue mark-to-market rent adjustments. The presentation is positioned as a value-add retail opportunity, with the operational plan and assumptions detailed in the offering memorandum, including leases and income and expense information.
Key Highlights
- 6‑unit retail strip center in Chicago’s Norwood Park neighborhood
- Operating with strong occupancy; annual income has been consistently above $125,000 for the past 3 years
- Potential to stabilize through full lease‑up
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,049
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 84%
Dining 16%
7-Eleven
Shops & Services
5,532 visits/mo
0.4 miles
U.S. Bank
Shops & Services
4,348 visits/mo
0.2 miles
SUBWAY
Dining
2,118 visits/mo
0.2 miles
Safeguard Self Storage
Shops & Services
1,471 visits/mo
0.5 miles
Demographics for 60631, IL
29,691
Population
12,757
Households
2.3
Avg Household Size
43
Median Age
50%
College-Educated
96%
High-School Grad
3.7 sq mi
ZIP Area
8,025
Density / Sq Mi
$117,688
Median Household Income
$70,295
Median Earnings
$1,604
Median Rent
$431,400
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?
Strip mall - Six-unit strip center with strong recent income performance and convenient Norwood Park transit and highway access.
Where is this strip mall located?
The property is located at 6001-6019 N Nina Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 6‑unit retail strip center in Chicago’s Norwood Park neighborhood; Operating with strong occupancy; annual income has been consistently above $125,000 for the past 3 years; Potential to stabilize through full lease‑up
