100% Leased Retail Center Near Ashland and 63rd St.
No Longer Available For Sale
6230 S. Ashland Ave.
Chicago, IL 60636
8,750 SF
Retail Neighborhood Center
The Details
- 8,750 SF retail strip center
- 100% leased
- Tenants include Mt. Sinai Medical Group, dental group, Boost Mobile
- All long-term tenants
- Est. 2016 NOI: $137,928
- Initial Cap Rate: 10.0%
- Close to 63rd/Ashland intersection and Green Line stop
- Land Area: 19,425 SF
- Includes room to expand
- Traffic Count: 18,600 cars daily
- Zoning: B3-2
- Part of 63rd/Ashland TIF
- Taxes (2015): $40,083
Near the 63rd/Ashland Green Line stop, this 8,750 square foot retail center is 100% leased. The multi-tenant retail center has units ranging from 900 to 2,600 square feet, attracting long-term retail and office tenants such as Mount Sinai Medical Group, Boost Mobile and a dental group. The center includes room to add more parking or another storefront. The center has highly visible signage that is passed by more than 18,600 cars daily.
The 63rd/Ashland Green Line stop, with its combined El and bus station plus a kiss n’ ride lot, is a major hub in the area, drawing potential customers for the center.