9449 S Western Ave Chicago, IL 60643
7,200 SF bank on 0.60-acre parcel in Chicago.
Type:Retail
Property size:
7,200 SFLot size:
0.60 Acres- Added:
- Oct 17, 2024
- Days on Market:
- 550
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for 9449 S Western Ave
General Information
- Standard status
- Active
- Size
- 7,200 SF
- Lot size
- 0.60 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1981
Listing agent Isaiah Harf License #IL 471019332
Listing office Northmarq - Chicago
Listing date Oct 17, 2024
Source Crexi
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 Northmarq - Chicago
Overview
Citibank Property in Chicago MSA
The Citibank property, a 7,200-square-foot bank situated on a 0.60-acre parcel of land in Chicago, Illinois, is available for purchase. Citibank operates under an absolute net lease, assigning zero responsibilities to the landlord. The lease incorporates 15% rent escalations every five years throughout the base term and option terms. Located in the Beverly neighborhood of Chicago’s South Side, the property benefits from a dense, highly residential area. It is positioned along South Western Avenue in a strong retail trade area, near many national retailers. The surrounding area has desirable demographics, with 605,877 residents within a 5-mile radius and average household incomes exceeding $142,229. The property is located within the Chicago MSA, the third-most populous city in the United States and the third-largest metropolitan statistical area with over 9.5 million people.
Location Intelligence
Current Use by Public Records
Citibank ATM
Atm
Citi
Bank
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6816274
- Latitude
- 41.7212079
Nearby Similar for Sale
FAQs
What type of property is this?
Bank - 7,200 SF bank on 0.60-acre parcel in Chicago.
Where is this bank located?
The property is located at 9449 S Western Ave Chicago, IL.
What is the asking price?
The asking price for this property is $6,667,000.
What are key features of this property?
This property features: Absolute net lease with zero landlord responsibilities.; Enjoy 15% rent escalations every five years throughout the base term and option terms.; Located in the Chicago MSA, one of the largest and most desirable real estate markets in the country.
