840 Kinzie Ave, Bradley, IL 60915-1231
This exceptional Class A retail property, the Bradley Center, presents a compelling investment opportunity. Located at 840 N Kinzie Ave in Bradley, Illinois (60915), this 13,000 square foot, multi-tenant center boasts a prime location along US Route 50, enjoying high visibility and traffic. Built in 2006, the property features a strong tenant mix of national and local businesses, ensuring consistent income. The 1.4-acre lot includes 77 parking spaces, catering to customer convenience. Currently operating at 100% occupancy, the property generates a substantial net operating income (NOI) of $287,140, resulting in a 7.00% cap rate. The property is zoned "C" and offered as a fee-simple ownership. Its strategic location near major retailers like Lowe's, Meijer, Target, Walmart, and more, guarantees a robust customer base. The property's excellent track record of occupancy and tenant retention, with many tenants extending their leases, underscores its stability and potential for long-term growth. This is a rare opportunity to acquire a high-performing retail asset in a thriving market, just 60 miles south of Chicago. The asking price is $4,102,000. The property's APN is 17-09-21-101-002.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.