769-775 Jackson St Chicago, IL 60661
- Retail properties
- 11,522 SF
Current Use by Public Records
- Retail properties
Property Details for 769-775 Jackson St
- Year built
- 1911
- Property size
- 11,522 SF
- Property type
- Retail properties
Description
This exceptional four-unit retail building, totaling 11,522 square feet, enjoys a prime location in Chicago's vibrant West Loop neighborhood. Currently 100% occupied with a diverse tenant mix including Philly's Best Greek Town, Headrest Barber, Xi'an Cuisine, and Kids Stem Studio, the property boasts strong lease terms extending through at least April 2026, with three tenants signed on until 2028. The building, constructed in 1911, sits at the base of a 75-unit condominium building, ensuring a steady flow of foot traffic. This investment opportunity offers a substantial net operating income (NOI) of approximately $148,337. Its strategic location provides unparalleled access to major transportation hubs, including Union Station, Ogilvie Transportation Center, and multiple "L" train stations (UIC Halsted Blue Line, and Quincy Brown, Orange, Pink and Purple Lines). The property benefits from proximity to Interstate-90/94 & Interstate-290, further enhancing its accessibility. Furthermore, it is surrounded by a thriving retail environment, with prominent neighbors such as Whole Foods, Mariano's, Target, Chicago's French Market, Revival Food Hall, Walgreens, CVS, Ulta Beauty, and many other popular establishments. This presents a rare chance to acquire a stable, high-performing retail asset in a highly sought-after Chicago 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
- -87.6468
- Latitude
- 41.8777
