For Sale
$2,750,000

6332 Northwest Hwy Chicago, IL 60631

Prime Northside Retail Property, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a fully leased Starbucks located at 6332 N Northwest Highway in Chicago, Illinois. The property boasts a highly desirable corner location within the sought-after Northside area, offering excellent visibility and accessibility. The 2,149 square foot building sits on a 0.62-acre lot (27,007 square feet), providing ample space and parking for customers. The property includes 14 parking spaces and a convenient drive-thru, enhancing its operational efficiency and appeal. The current tenant, Starbucks, is under a long-term lease agreement with a 10-year initial term and four 5-year renewal options, ensuring a stable and predictable income stream for the investor. The asking price for this turnkey investment is $2,750,000. This property represents a rare chance to acquire a high-performing retail asset in a prime Chicago location with significant long-term growth potential. The Cook County location and 60631 zip code further solidify its desirability. This is an ideal investment for those seeking a stable, high-return asset in a thriving market.

Highlights

  • $2,750,000 asking price.
  • Retail and land property in Chicago, IL.
  • 27,007 square foot lot.
  • 2,149 square foot building fully leased to Starbucks.
  • 10-year lease with four 5-year options.
  • 14 parking spaces and drive-thru.

Property Details for 6332 Northwest Hwy

Property type
Retail properties, Land

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9963291
Longitude
-87.8062819

FAQs

What type of property is this?
Retail property - Prime Northside Retail Property, High ROI Potential
Where is the retail property located?
The property is located at 6332 Northwest Hwy Chicago, IL.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: $2,750,000 asking price.; Retail and land property in Chicago, IL.; 27,007 square foot lot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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6332 Northwest Hwy
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