Multi-Tenant Retail | Western Springs, IL

For Sale

Multi-Tenant Retail | Western Springs, IL

Asking Price: $1,070,000 | Cap Rate: 7.25%

• Net Operating Income: $77,436
• Weighted Avg. Lease Term (WALT): 4.1 Years
• Lease Type: Full Service Gross

Property Highlights

• 100% occupied multi-tenant retail building leased to a mix of national and local tenants
• Stabilized investment with value-add opportunity: asset has a weighted average lease term of nearly 4.10 Years
• Property has been properly maintained; roof was completely resealed in June of 2021
• Property is extremely accessible; faces out to Hillgrove Ave with ample street parking