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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

6332 Northwest Hwy Chicago, IL 60631

Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully leased Starbucks located at 6332 N Northwest Highway in Chicago, Illinois. The property boasts a highly desirable corner location within the sought-after Northside area, offering excellent visibility and accessibility. The 2,149 square foot building sits on a 0.62-acre lot (27,007 square feet), providing ample space and parking for customers. The property includes 14 parking spaces and a convenient drive-thru, enhancing its operational efficiency and appeal. The current tenant, Starbucks, is under a long-term lease agreement with a 10-year initial term and four 5-year renewal options, ensuring a stable and predictable income stream for the investor. The asking price for this turnkey investment is $2,750,000. This property represents a rare chance to acquire a high-performing retail asset in a prime Chicago location with significant long-term growth potential. The Cook County location and 60631 zip code further solidify its desirability. This is an ideal investment for those seeking a stable, high-return asset in a thriving market.

Property profile
Verified
Property type Retail properties & Spaces
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
Current use
Occupant on record · Public records
  • Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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