Shopping Center With Convenience
7550 W Addison St Chicago, IL 60634
7550 W Addison St, Chicago, IL, 60634
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For Sale
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80%-occupied shopping center anchored by a convenience store, with side street and private behind-building parking.
Days on Market103
Property Features for 7550 W Addison St
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
Golden Group Commercial Real Estate
Listed by
Troy Golden · License #IL
Source
Crexi
Added: Apr 12 Updated: Jul 23 at 3:46AM Checked: Jul 23 at 3:46AM
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Investment Insights
Based on property information with market context.
This shopping center is an 8% cap investment opportunity with approximately 80% occupancy by seven tenants. The property is anchored by a convenience store identified as “Addison Liquor,” and includes other established businesses such as a Mexican restaurant, an insurance company, an aquarium store, an advertising company, and private social clubs.
The center offers free side street parking and a private parking lot behind the building. Public remarks also note that many tenants have been in place for years, indicating operational stability.
A new lease is being negotiated that would add $9,000 in gross annual income for a new owner, according to the offering remarks.
The center offers free side street parking and a private parking lot behind the building. Public remarks also note that many tenants have been in place for years, indicating operational stability.
A new lease is being negotiated that would add $9,000 in gross annual income for a new owner, according to the offering remarks.
Key Highlights
- 80% occupied shopping center at 7532–7550 W Addison Ave, Chicago with 7 tenants
- Anchored by convenience store “Addison Liquor”
- Tenant mix includes Mexican restaurant, insurance company, aquarium store, advertising company, and private social clubs
Property Analytics
Location Intelligence
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Similar For Sale Nearby
Similar Off Market Nearby
- M&R Plaza — 3332 N Harlem Ave, Chicago, IL 60634
- Harlem Irving Plaza — 4104 N Harlem Ave, Norridge, IL 60706
- Mall Cejas — Harlem Irving Plaza, Norridge, IL 60706
- Penelope's Plaza — N Harlem Ave, Chicago, IL 60634
- Mani — 7113 W Addison St, Chicago, IL 60634
FAQs
What type of property is this?
Shopping center - 80%-occupied shopping center anchored by a convenience store, with side street and private behind-building parking.
Where is this shopping center located?
The property is located at 7550 W Addison St Chicago, IL.
What are key features of this property?
This property features: 80% occupied shopping center at 7532–7550 W Addison Ave, Chicago with 7 tenants; Anchored by convenience store “Addison Liquor”; Tenant mix includes Mexican restaurant, insurance company, aquarium store, advertising company, and private social clubs
