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
