6101 N Broadway St Chicago, IL
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Long-term net lease with rental increases in a high-traffic area.
Type:RETAIL
Property size:
22,000 SFLot size:
0.27 AcresPrice / SF:
$391/SF- Added:
- Nov 26, 2025
- Days on Market:
- 152
- Last Refresh:
- Apr 5 at 9:15 pm
Property Features for 6101 N Broadway St
General Information
- Standard status
- Active
- Size
- 22,000 SF
- Lot size
- 0.27 Acres
- Property subtype
- RETAIL
Listing agent Chuck Klein (858) 449-9922
Listing office SRS Real Estate Partners | San Diego (858) 449-9922
Listing date Nov 26, 2025
Source Moodyscre
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 SRS Real Estate Partners | San Diego
Overview
Single Tenant Net Lease Investment
This property features a long-term, single-tenant net lease with approximately 4 years remaining, offering fee simple ownership. The lease agreement includes limited landlord maintenance and expense responsibilities. Rental increases are scheduled at 10% every 5 years throughout the initial term and at the beginning of each option period. The tenant is Fitness International, LLC, rated "B" Stable by S&P, which operates over 728 locations throughout the US. LA Fitness’ sales for FY24 are estimated to have grown by 10% to $2.3 billion. The property is situated in a densely populated and affluent trade area with more than 709,000 residents and 235,000 employees within a 5-mile radius. The average household income exceeds $136,000 and is projected to increase to $147,000 by 2030. The location benefits from high traffic and excellent visibility at the signalized intersection of North Broadway, which sees in excess of 21,000 vehicles per day. It is also located on the Red Line of the Chicago Transit Authority (CTA) rail system, one block north of the Granville stop. The Red Line recorded over 756,000 total passenger entries at the Granville stop in 2024. The property size is 22,000 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Fitness centers & gyms
Similar Places Nearby
- DNA Sports — 4417 N Greenview Ave, Chicago, IL 60640
- Montrose Fields — W Montrose Ave, Chicago, IL 60640
- REIKI RIVERS — 1025 w sunnyside ave, chicago, il 60640
- XSPORT FITNESS — 4429 N Broadway, Chicago, IL 60640
- Paratus Performance — 834 W Montrose Ave, Chicago, IL 60613
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6599
- Latitude
- 41.9925
Nearby Similar for Sale
FAQs
What type of property is this?
Fitness center & gym - Long-term net lease with rental increases in a high-traffic area.
Where is this fitness center & gym located?
The property is located at 6101 N Broadway St Chicago, IL.
What is the asking price?
The asking price for this property is $8,622,000.
What are key features of this property?
This property features: Long‑term single tenant net lease with approximately 4 years remaining, ideal for passive income.; Credit tenant: Corporate lease signed by Fitness International, LLC (LA Fitness), rated “B” Stable by S&P.; **Rental increases: 10% rental increases every 5 years**, increasing NOI and protecting against inflation.
