Retail Center on Halsted Near Metra Station
No Longer Available For Sale
800-808 W. 87th St.
Chicago, IL 60620
11,185 SF
Retail Neighborhood Center
The Details
- 11,185 SF retail center
- Opportunity to add value through leasing
- In-Place NOI: $51,589
- Pro Forma NOI: $207,651
- Land Area: 39,741 SF
- Zoning: B3-1
- Frontage: 170’ on Halsted, 90’ on 87th
- Ample customer parking
- 2013 Taxes: $72,349
Built in 2001, this single story neighborhood center is located at the corner of 87th and Halsted. Currently the property is leased to Subway, Currency Exchange, Yale Insurance, and 87th St. Discount with a 3,952 square foot space and 1,500 square foot drive-thru ATM available. Located near the Metra station, the center features a highly visible sign near the signalized intersection, a shared parking lot, and entrances from both streets.
Located in the Auburn Gresham neighborhood on the southwest side of Chicago, this property is convenient to a large number of homes with 30,000 residents within a one mile radius. The building is also conveniently situated near several major public transportation routes including the CTA and the Gresham Metra stop.