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    OFF-MARKET
    Lifestyle centers

    4500-4700 Damen Ave Chicago, IL 60609

    260,481 SF 21.03 ac lot Built 1990
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    Property summary
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    Yards Plaza, located at 4500-4700 S. Damen Avenue in Chicago, Illinois, presents a significant investment opportunity. This 260,481-square-foot shopping center, built in 1990 and renovated in 2013, sits on a 21.03-acre lot and offers 1,235 parking spaces. The property boasts a strong tenant roster, anchored by Forman Mills with a remaining ten-year lease term. Additional tenants include Dollar Tree and Planet Fitness. However, there is a value-add opportunity with two vacant spaces available for lease. The center benefits from its location within a high-traffic area, exceeding 29,000 vehicles per day, and is easily accessible by public transportation. The property is situated in a densely populated area, with over 300,000 residents within a three-mile radius. The property's APN is 20-06-303-020-0000

    Property profile
    Verified
    Property type Lifestyle centers
    Year built 1990
    Total area 260,481 SF
    Lot 21.03 ac (916,067 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
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    Owner & transaction history
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