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Shopping Strip

Bridgeport Plaza Retail Center

3434 S Halsted St, Chicago, IL 60608

Listing Price: $5,200,000

Cap Rate
7.70%
Gross SF
18,541
Rentable SF
18,541
Price/Gross SF
$280.46
Lot Size
0.93 acres
Year Built
2006

Investment Overview

This 100 percent occupied first-floor retail center features a strong mix of established and newly added tenants, all secured under long-term net leases. Verve Credit Union and Wings & Rings have been in place since 2008, while recent leases with Solo Eye Care & Eyewear Gallery, Manning Silverman & Company, and Bridgeport Footcare highlight continued leasing momentum. The property occupies a full block, with nearly 300ft of frontage along S Halsted Street which sees 12,100 vehicles per day. The property benefits from direct access to CTA, Metra, and Interstates 90 and 55. It is strategically positioned near major demand drivers, including Rate Field (Chicago White Sox Stadium) and Illinois Institute of Technology, as well as a diverse mix of national and local retailers. The dense, affluent trade area boasts more than 131,000 residents within two miles and an average household income exceeding $120,000 within a half-mile radius.

Investment Highlights

  • 100 Percent Occupied 1st Floor Retail | Strong Mix of Established and Newly Added Tenants
  • Wings & Rings has more than 13 Years of Term Remaining
  • New Leasing Momentum | Bridgeport Footcare Signed a 4-Year Lease Commencing 12/1/2025; Solo Eye Care & Eyewear Gallery Executed a 10-Year Lease in 2021; Manning Silverman & Company Secured a 7-Year
  • Signalized Hard-Corner Intersection | Near I-90 & I-55 with Convenient CTA and Metra Access
  • 36,038 People Live within a Mile radius of the Subject Property and 131,991 People Live within a Two-Mile Radius
  • 0.6 Miles from Rate Field, Home of the Chicago White Sox, which Attracts 2.2 Million Annual Visitors1 | Ranks in the Top 2% of Stadiums, Arenas & Athletics Fields Nationwide by Visits(placer.ai)

Exclusively Listed By

  • Sean R. Sharko

    Senior Managing Director Investments

    (630) 570-2238

    Email Sean

    License(s): IL: 471.010712

    Chicago Oak Brook

  • Austin Weisenbeck

    Senior Managing Director Investments

    (630) 570-2169

    Email Austin

    License(s): IL: 475.140200

    Chicago Oak Brook

Financing By

Shopping Strip

Bridgeport Plaza Retail Center

Listing Price: $5,200,000

Cap Rate
7.70%
Gross SF
18,541
Rentable SF
18,541
Price/Gross SF
$280.46
Lot Size
0.93 acres
Year Built
2006

Investment Highlights

  • 100 Percent Occupied 1st Floor Retail | Strong Mix of Established and Newly Added Tenants
  • Wings & Rings has more than 13 Years of Term Remaining
  • New Leasing Momentum | Bridgeport Footcare Signed a 4-Year Lease Commencing 12/1/2025; Solo Eye Care & Eyewear Gallery Executed a 10-Year Lease in 2021; Manning Silverman & Company Secured a 7-Year
  • Signalized Hard-Corner Intersection | Near I-90 & I-55 with Convenient CTA and Metra Access
  • 36,038 People Live within a Mile radius of the Subject Property and 131,991 People Live within a Two-Mile Radius
  • 0.6 Miles from Rate Field, Home of the Chicago White Sox, which Attracts 2.2 Million Annual Visitors1 | Ranks in the Top 2% of Stadiums, Arenas & Athletics Fields Nationwide by Visits(placer.ai)

Investment Overview

This 100 percent occupied first-floor retail center features a strong mix of established and newly added tenants, all secured under long-term net leases. Verve Credit Union and Wings & Rings have been in place since 2008, while recent leases with Solo Eye Care & Eyewear Gallery, Manning Silverman & Company, and Bridgeport Footcare highlight continued leasing momentum. The property occupies a full block, with nearly 300ft of frontage along S Halsted Street which sees 12,100 vehicles per day. The property benefits from direct access to CTA, Metra, and Interstates 90 and 55. It is strategically positioned near major demand drivers, including Rate Field (Chicago White Sox Stadium) and Illinois Institute of Technology, as well as a diverse mix of national and local retailers. The dense, affluent trade area boasts more than 131,000 residents within two miles and an average household income exceeding $120,000 within a half-mile radius.

Exclusively Listed By

  • Sean R. Sharko

    Senior Managing Director Investments

    (630) 570-2238

    Email Sean

    License(s): IL: 471.010712

    Chicago Oak Brook

  • Austin Weisenbeck

    Senior Managing Director Investments

    (630) 570-2169

    Email Austin

    License(s): IL: 475.140200

    Chicago Oak Brook

Financing By

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