Investment Overview

Marcus & Millichap is pleased to offer the opportunity to purchase the fee simple interest in a 5,981 square foot retail center located at 4800 W Fulton St Chicago, IL. Positioned on North Cicero Ave and Fulton, the site features exposure to over 26,000 vehicles per day. The property is 100% occupied and listed at a bite sized price point, accessible to many investors. Located less than 300 feet from the Cicero Green Line 'L' station, the property is well positioned to accommodate daily commuters.Area demographics are exceptionally dense, with over 420,000 people living within 3-miles of this location. Barriers to entry are high and there is limited retail competition. Fulton Plaza features prominent interior illuminated channel signage for all the tenants, juxtaposed on a masonry façade. All tenants benefit from a large pylon sign, visible from every direction on North Cicero. The center features its own surface parking lot, which is rare for retail properties located within Chicago's urban core. The parking lot was sealcoated in 2024, and two new HVAC units were installed in June/July of 2024, each with a 10-year warranty. The condition of the roof, visible from our marketing photography, appears to be in "ship shape." Priced at a 9.5% CAP rate and a price per square foot of $114, this is an opportunity to purchase a bite-sized retail opportunity at an attractive yield.