10200-10244 Vincennes Ave Chicago, IL 60643

Property Details for 10200-10244 Vincennes Ave

Property size

16,000 SF

Property type

Retail properties

Description

This exceptional portfolio comprises three strategically located retail properties in the Chicago metropolitan area, offering a compelling investment opportunity for discerning buyers. The portfolio includes a 21,870 square foot center in Chicago's Beverly neighborhood, situated at a high-traffic intersection with prominent signage and boasting long-term tenants including the US Post Office, a daycare, and a restaurant. This fully leased property sits on 1.52 acres and benefits from a daily traffic count of 10,162 vehicles, a 2023 tax assessment of $117,168, and C1 and B3-2 zoning. A second property, a 25,520 square foot center in Matteson, Illinois, is 96% occupied with long-term tenants and enjoys a prime location near major retailers like Chase, Dollar Tree, and PetSmart. This property, situated on 2.34 acres, sees 34,701 vehicles daily, has a 2023 tax assessment of $164,691, and is zoned MXD. Finally, a 16,000 square foot center in Calumet City offers 100% occupancy with long-term tenants, including a daycare center that has been a tenant for over 15 years. This property, located at a high-visibility corner, benefits from 17,536 daily vehicle counts, a 2023 tax assessment of $159,288, and B zoning. Each property demonstrates strong revenue potential and offers significant upside through lease optimization. The portfolio presents a rare opportunity to acquire a diverse collection of high-performing retail assets in a thriving market. The properties' combined square footage ranges from 16,000 to 25,520 square feet.