Chicago Strip Center Investment
For Sale
Contact for pricing
7122 S Vincennes Ave, Chicago, IL 60621
Five-unit strip center with immediate rental income potential.
Property Size7,365 SF
Lot Size0.49 Acres
Price / SF$134.28
Days on Market921
Property Features for 7122 S Vincennes Ave
General Information
Standard status
Active
Size
7,365 SF
Class
C
Lot size
0.49 Acres
Property subtype
Retail
Zoning
C1-2
Occupancy
100%
Lease Type
Gross
Net Operating Income
$106,703
Building Details
Year Built
2008
Buildings
1
Stories
1
Units
6
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial AMH
(631) 903-3739
Listed By:
Anthony Briguglio · License #10491212878
Source:
Crexi
Added: Feb 12, 2024
Changed: Aug 20
Last Checked: Aug 20 at 2:36PM
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 Coldwell Banker Commercial AMH
Investment Insights
Based on property information with market context.
The property at 7122 S VINCENNES AVE, Chicago, IL 60621 is a five-unit strip center. The building has a size of 7,365 sq. ft. and is situated on a 21,320 sq. ft. lot. The property generates a total income of $140,232, with a Net Operating Income of $106,703. The 2025 projected expenses are $33,529. The property is currently occupied by tenants, providing immediate rental income. This commercial property is suitable for a range of businesses.
Key Highlights
- High Net Operating Income (NOI) of $106,703 indicating strong profitability.
- Existing tenants provide immediate rental income.
- Total income of $140,232 demonstrates revenue generation potential.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
733
Businesses Nearby
77k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Shops & Services 33%
Groceries 22%
McDonald's
Dining
30,366 visits/mo
0.3 miles
Aldi
Groceries
16,805 visits/mo
0.4 miles
Family Dollar
Shops & Services
9,157 visits/mo
0.4 miles
BP
Shops & Services
8,674 visits/mo
0.3 miles
Mobil
Shops & Services
7,885 visits/mo
0.5 miles
Demographics for 60621, IL
29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
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 - Five-unit strip center with immediate rental income potential.
Where is this strip mall located?
The property is located at 7122 S Vincennes Ave Chicago, IL.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: High Net Operating Income (NOI) of $106,703 indicating strong profitability.; Existing tenants provide immediate rental income.; Total income of $140,232 demonstrates revenue generation potential.
