6516-6532 W North Ave.
6516-6532 W. North Avenue
Chicago, IL 60707
Highlights
- Aggressive CAP rates
- 100% Occupied
- 80% of tenants on NNN Leases
- Strong mix of local and national tenants along main retail thoroughfare
- Heavily traveled North Ave. sees almost 32K VPD
- Highly visible site with 234' of frontage and 2-story pylon sign
- Densely populated area with 313K + people within 3 miles
- Easy access to Chicago and Urban/Suburban markets
- Ample surface and street parking
Description
Multi-tenant retail for sale: 9% CAP rate located in North Chicago on RT64/North Avenue. Galewood Plaza II boasts a population of over 313,190 and almost 115,000 households within 3 miles. Excellent visibility with just under 32,000 VPD on 234' feet of frontage on North Avenue, and 2 story pylon signage! Galewood Plaza II sits just east of Harlem and offers easy access and services to Oak Park, River Forest, Elmwood Park and more. Area retailers offer a mix of national and local tenants including; Dunkin, Starbucks, Buona Beef, UPS, Advocate Medical, Dollar Tree, Midas, PNC, US Bank, Multiple QSRs and more.
Discover an exciting investment opportunity on the bustling stretch of 6516-6532 W. North Avenue, Chicago IL. This prime location offers a vibrant retail environment with a mix of national retailers, local businesses, and high foot traffic. Situated in a densely populated area, the property benefits from a strong consumer base and excellent visibility. Nearby points of interest include the Galewood-Mont Clare neighborhood and the Brickyard Shopping Center, providing a dynamic retail landscape for potential investors. With its strategic positioning and diverse offerings, the area presents an attractive prospect for those seeking to capitalize on the thriving Chicago retail market.
