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Shopping Strip

Vincennes Ave Strip Center

10250 S Vincennes Ave, Chicago, IL 60643

Listing Price: $1,900,000

Cap Rate
11.04%
Gross SF
21,872
Rentable SF
21,872
Price/Gross SF
$86.87
Lot Size
1.45 acres
Year Built
1992

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a 93 percent occupied Chicago shopping center located just 10-miles south of Downtown. The Property is located at the five-way intersection of S Vincennes Ave, W 103rd St, and S Beverly Blvd providing direct access and visibility to more than 38,000 Vehicles Per Day.

The Property is leased to a complimentary mix of service and retail tenants. The Property consists of two retail strip centers featuring five points of egress/ingress. Located 10 miles from downtown Chicago, the Property benefits from its strategic neighborhood location with more than 220,000 residents in a 3-mile radius. This neighborhood retail provides ease and convenience for residents.

The Property was fully renovated in 2012 with new roof, resurfaced parking lot, and all new HVAC units.

Investment Highlights

  • Recently Renovated | The Property was Fully Renovated in 2012 with New Roof, Resurfaced Parking Lot, and All New HVAC Units
  • Irreplaceable Location | Located At Hard Corner With Direct Access And Visibility To More Than 38,000 Vehicles Per Day
  • Desirable Demos | 93 Percent Occupied Retail Strip Center Located In Dense Chicago Suburbs With More Than 220,000 Residents In A Three-Mile Radius

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Shopping Strip

Vincennes Ave Strip Center

Listing Price: $1,900,000

Cap Rate
11.04%
Gross SF
21,872
Rentable SF
21,872
Price/Gross SF
$86.87
Lot Size
1.45 acres
Year Built
1992

Investment Highlights

  • Recently Renovated | The Property was Fully Renovated in 2012 with New Roof, Resurfaced Parking Lot, and All New HVAC Units
  • Irreplaceable Location | Located At Hard Corner With Direct Access And Visibility To More Than 38,000 Vehicles Per Day
  • Desirable Demos | 93 Percent Occupied Retail Strip Center Located In Dense Chicago Suburbs With More Than 220,000 Residents In A Three-Mile Radius

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a 93 percent occupied Chicago shopping center located just 10-miles south of Downtown. The Property is located at the five-way intersection of S Vincennes Ave, W 103rd St, and S Beverly Blvd providing direct access and visibility to more than 38,000 Vehicles Per Day. The Property is leased to a complimentary mix of service and retail tenants. The Property consists of two retail strip centers featuring five points of egress/ingress. Located 10 miles from downtown Chicago, the Property benefits from its strategic neighborhood location with more than 220,000 residents in a 3-mile radius. This neighborhood retail provides ease and convenience for residents. The Property was fully renovated in 2012 with new roof, resurfaced parking lot, and all new HVAC units.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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