For Sale

Little Village Plaza | Chicago, IL

Asking Price: $18,000,000 | Cap Rate: 7.35%

  • Net Operating Income: $1,324,458
  • Weighted Avg. Lease Term (WALT): 3.8 Years
  • Lease Type: Modified Gross

Property Highlights

  • 30-Year historical occupancy of 100%
  • One of the last remaining large tracts of developable land in the area. Current zoning C1-2 allows for mixed-use with a FAR of 2.2 allowing for 572,682 SF of development
  • High barrier to entry in dense urban area with over 53,000 people within a 1-mile radius
  • Excellent visibility from 26th Street, seeing over 17,400 VPD