Property profile

3260 55Th St Chicago, IL 60632

OFF-MARKET
Neighborhood centers
9,600 SF Built 1967
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Property summary

AI-generated overview

This exceptional retail opportunity presents a 9,600-square-foot strip center located at 3244-3260 W. 55th St, Chicago, IL 60632, in Cook County. Built in 1967, the property currently features multiple tenants and offers one available suite totaling 3,000 square feet, perfect for a grocery store operator. The property benefits from a high-density residential neighborhood, providing a strong customer base and consistent foot traffic. Its location near four highly-regarded schools and popular retailers ensures high visibility and accessibility. The property is strategically situated near major interstates and minutes from Midway International Airport, offering convenient access for both customers and employees. This turnkey space is an excellent opportunity to establish or expand a business in a thriving, rapidly growing area of Chicago. The existing tenants provide a diverse range of services, food, and retail options, creating a one-stop-shop experience for residents. This endcap space offers significant potential for a business seeking a prime location with high traffic volume.

Property profile

Verified
Property type Neighborhood centers
Year built 1967
Total area 9,600 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store

Location

3260 55Th St Chicago, IL 60632
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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