5425 Chicago Ave Chicago, IL 60651
- Neighborhood centers
- 5,623 SF
Current Use by Public Records
- Neighborhood centers
Property Details for 5425 Chicago Ave
- Year built
- 2010
- Property size
- 5,623 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
This exceptional 5,623 square foot retail and office strip center, built in 2010, presents a prime opportunity. Located at 5425-5433 W Chicago Ave, at the corner of Lotus Avenue, in Chicago's vibrant Austin neighborhood, this single-story building boasts high visibility and accessibility. Currently, a 1,098 square foot white box space is available, offering a blank canvas for customization. The space features a 14-foot ceiling height and a convenient rear restroom. The property includes a substantial 20-car parking lot, ensuring ample parking for customers and employees. The building is part of a thriving four-tenant center, with established co-tenants including McDonald's, Dollar General, and Family Dollar, creating a synergistic retail environment. The B3-1 zoning allows for a variety of commercial uses. This location benefits from excellent access and visibility, making it an ideal space for a variety of businesses seeking a high-traffic location in a well-established neighborhood. The property's newer construction (10 years old) ensures modern amenities and low maintenance costs. This is a rare opportunity to secure a well-positioned retail space in a high-density retail corridor. Don't miss out on this chance to establish your business in a prime location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7621
- Latitude
- 41.8947
