3951 Kimball Ave Chicago, IL 60618
- Retail properties
- 4,738 SF
Current Use by Public Records
- Jet's Pizza / Pizza Delivery / Caterer
- One Stop Shop / Grocery Store
Property Details for 3951 Kimball Ave
- Year built
- 1999
- Property size
- 4,738 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional multi-tenant retail center, located at 3951 N Kimball Avenue in Chicago's Irving Park neighborhood, presents a compelling investment opportunity. The 4,738 square foot building boasts 100% occupancy with three established tenants: Jet's Pizza, Subway, and One Stop Shop, all operating under NNN leases, generating a strong net operating income (NOI) of approximately $108,294. Built in 1999, the property features a convenient on-site parking lot with 10 spaces and highly visible dual-sided monument signage at the signalized intersection of Irving Park Road and Kimball Avenue, benefiting from over 42,000 vehicles per day. Its prime location offers unparalleled access to public transportation, being less than one mile from the Irving Park Blue Line CTA station, the Irving Park Metra station, and Interstate 90/94. The property benefits from a dense concentration of national retailers in close proximity, including Jewel-Osco, Target, Walgreens, Home Depot, and numerous popular restaurants, ensuring high foot traffic and strong tenant demand. This well-positioned retail center provides a stable income stream and significant upside potential in a thriving Chicago market. The Cook County location, zip code 60618, ensures easy access to major transportation arteries and a robust consumer base. This is a rare opportunity to acquire a fully leased, high-performing retail property in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7125
- Latitude
- 41.9536
