multi-tenant strip center for sale
Post on 22-Dec-2021
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P R O P E R T Y O V E R V I E W
P R O P E R T Y H I G H L I G H T S
D E TA I L S
Sale Price $680,000
Lot Size 0.37 Acres
Building Size 15,100 SF
Year Built 2005
Zoning F (Business District)
Market South Suburban
Sub Market Near South Cook
County
Cross Streets 147th St. & Kedzie
Ave.
Traffic Count 19,938
15,100 square-foot, multi-tenant retail shopping center for sale along South KedzieAvenue in Posen, Illinois. The center benefits from excellent visibility and exposure tonearly 20,000 vehicles per day along Kedzie Avenue. Currently, the center is 49%occupied with tenants in five (5) of the ten (10) existing retail spaces.
Excellent value-add opportunity for an investor to purchase a newer construction asset(2005) with income in-place, located adjacent to a freestanding Walgreens, andwell-situated just south of a highly-trafficked intersection in south suburban Chicago.
MATTHEW TARSHIS Vice President
ANDREW RUBIN Vice Presidentarubin@frontlinerepartners.com (P) 224.628.4005 (C) 224.628.4005
mtarshis@frontlinerepartners.com (P) 847.780.8063 (C) 847.542.9058
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors,omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice.
Frontline Real Estate Partners
f r o n t l i n e r e p a r t n e r s . c o m
477 Elm PlaceHighland Park, IL 60035
14727-51 S. KEDZIE AVE. | POSEN, IL 60469
Multi-Tenant Strip Center For Sale
• Strong visibility and exposure to nearly 20,000 VPD along Kedzie Avenue
• Center is of newer construction (2007) and maintains the ability to attract strong
credit tenants
• Surface lot with capacity for 66 vehicles available on site
LOCATION MAPS
Multi-Tenant Strip Center For Sale in Posen, IL14727-51 S. Kedzie Ave. | Posen, IL 60469
FOR SALE
MATTHEW TARSHIS Vice President
ANDREW RUBIN Vice Presidentarubin@frontlinerepartners.com (P) 224.628.4005 (C) 224.628.4005
mtarshis@frontlinerepartners.com (P) 847.780.8063 (C) 847.542.9058
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors,omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice.
Frontline Real Estate Partners
f r o n t l i n e r e p a r t n e r s . c o m
477 Elm PlaceHighland Park, IL 60035
DEMOGRAPHICS MAP
Multi-Tenant Strip Center For Sale in Posen, IL14727-51 S. Kedzie Ave. | Posen, IL 60469
FOR SALE
MATTHEW TARSHIS Vice President
ANDREW RUBIN Vice Presidentarubin@frontlinerepartners.com (P) 224.628.4005 (C) 224.628.4005
mtarshis@frontlinerepartners.com (P) 847.780.8063 (C) 847.542.9058
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors,omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice.
Frontline Real Estate Partners
f r o n t l i n e r e p a r t n e r s . c o m
477 Elm PlaceHighland Park, IL 60035
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
TOTAL HOUSEHOLDS 3,701 29,628 96,173
# OF PERSONS PER HH 3.3 3.0 2.9
AVERAGE HH INCOME $56,487 $53,523 $59,637
AVERAGE HOUSE VALUE $174,708 $161,275 $180,794
POPULATION 1 MILE 3 MILES 5 MILES
TOTAL POPULATION 12,379 89,970 274,163
POPULATION DENSITY 12,379 89,970 274,163
MEDIAN AGE 34.0 34.5 35.5
MEDIAN AGE (MALE) 31.9 32.3 33.6
MEDIAN AGE (FEMALE) 35.5 36.7 37.5
ADDITIONAL PHOTOS
Multi-Tenant Strip Center For Sale in Posen, IL14727-51 S. Kedzie Ave. | Posen, IL 60469
FOR SALE
MATTHEW TARSHIS Vice President
ANDREW RUBIN Vice Presidentarubin@frontlinerepartners.com (P) 224.628.4005 (C) 224.628.4005
mtarshis@frontlinerepartners.com (P) 847.780.8063 (C) 847.542.9058
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors,omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice.
Frontline Real Estate Partners
f r o n t l i n e r e p a r t n e r s . c o m
477 Elm PlaceHighland Park, IL 60035
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