801 119Th St Chicago, IL 60643

This exceptional investment opportunity presents a 61,800 square foot, single-story shopping center in Chicago's West Pullman neighborhood, situated at the prominent intersection of Halsted and 119th Street. The property boasts a 10.42% capitalization rate and a compelling asking price of $4,800,000 ($77.67/sq ft). Built in 1967 and renovated in 1983, the center features four tenants, including national brands Dollar General and Citi Trends, along with a State of Illinois Human Services office and a local family services center, ensuring a stable tenant base with corporate guarantees. The property's strong occupancy rate contributes to a substantial net operating income (NOI) of $500,217. With 300 parking spaces available across a 3-acre lot, the center offers ample convenience for shoppers. Its strategic location, just one mile east of Interstate 57, ensures high visibility and accessibility within a densely populated area. This stabilized investment is an excellent opportunity for discerning buyers seeking a strong return on investment in a prime Chicago location. The property includes one building on a single story.