6332 Northwest Hwy Chicago, IL 60631
- Retail properties
Current Use by Public Records
- Starbucks / Coffee Store / Espresso Bar
Property Details for 6332 Northwest Hwy
- Property type
- Retail properties
- Property subtype
- Land
Description
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.
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
- -87.8063
- Latitude
- 41.9963
