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About the Listing 29095 - 266090,119230
This 6 unit retail strip center is located in the thriving Norwood Park neighborhood in Chicago, Illinois. The Property is currently operating at a strong occupancy with annual income consistently coming above $125,000 the past 3 years. There is a clear identifiable path to stabilization through a full lease-up, potential conversion to NNN leases, and mark-to-market rent growth. The investment profile is best characterized as a value-add retail opportunity, targeting investors seeking meaningful NOI growth & high-teen leveraged return potential with a few strategic moves. Based on current operations and forward-looking underwriting, the Property offers a compelling repositioning opportunity, though near-term execution risk and leasing assumptions remain critical to achieving projected returns. The property is located in walking distance from downtown Norwood Park and the respective blue line stop and minutes away from I-90 and O'hare Airport.
Listing Highlights
Status
Pending
Days on Site
27
Property Type
Commercial Sale
MLS ®
12681896
Year Built
1912
Total Square Footage
10,100
Lot/Acreage
0.43
County
Cook
Area
CHI - Norwood Park
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 0.43
- Roof:
- Others:
- Sewer:
- Parking Features: 13-18 Spaces
Financial Details
- Tax Amount: $41,083
- Taxes w/Assessments: N/A
- Tax/Property ID: 13063060010000
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
6001 N Nina Ave Chicago, IL 60631
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