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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 SF
Lot size:
0.27 Acres
Price / 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

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Listing Contact
Chuck Klein

Listing agent Chuck Klein

Listing office SRS Real Estate Partners | San Diego

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

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

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

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.
(858) 449-9922 Call to check price and availability
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