5301-5323 Western Ave Chicago, IL 60609
- Retail properties
- 308,000 SF
- 8.32 lot acres
Current Use by Public Records
- Retail properties
Property Details for 5301-5323 Western Ave
- Lot size
- 8.32 lot acres
- Property size
- 308,000 SF
- Property type
- Retail properties
Description
This exceptional retail property, located at 5301-5323 S. Western Ave in Chicago, Illinois (zip code 60609), presents a significant investment opportunity. The property boasts a substantial 308,000 square feet of retail space situated on a generous 8.32-acre lot. The asking price is $13,090,000, translating to $42.50 per square foot. This price point also reflects a land value of $42.50 per square foot. The property is zoned M2, offering flexibility for a variety of retail uses. Convenient on-site parking is provided for 100 vehicles. The property's prime location in Cook County, Chicago, offers excellent visibility and accessibility, making it an ideal location for a thriving retail business or portfolio addition. This substantial property presents a rare opportunity to acquire a large-scale retail center in a high-traffic area of Chicago. The property's size and zoning provide significant potential for future development and expansion. Detailed financial information and property specifics are available upon request. This is a must-see for serious investors seeking a high-return retail investment in a dynamic Chicago 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
- -87.6813
- Latitude
- 41.7972
