6900 South Ashland AvenueChicago, IL 60636Price: $5,750,000

  • Price: $5,750,000
  • 842 Days on Market
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Federal 30-year interest rate: 3.09% last updated on Oct 21, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 36,864Square Feet
  • 2007Year Built

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Highly Visible Multi-tenant retail center built in 2007. This 36,864 square foot Retail Strip Center is shadow anchored by Food-4-Less Grocery Store to the South and Food-4-Less Gas Station to the East (shadow anchors not included in sale). The Englewood Plaza Retail Center is currently 71% Leased by a strong group of national retailers including Chase Bank,Rent-A-Center,Foot Locker,Liberty Tax and Subway,among others. Located at the corner of a signalized intersection,the center maintains visibility to over 22,000 Vehicles Per Day. The offering includes a Bank of America Ground Lease with existing Term through 6/30/2026. Excellent investment opportunity to purchase a cash flowing property while maintaining the ability to add value through Leasing 4 vacant units. Current N.O.I. is approximately $446,000.

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Listed by Steven Maher and Jeffrey Schultz of Kinzie Brokerage LLC

Based on information submitted to MRED  as of October 28, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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