Property Details
RENTABLE AREA: ±6,778 SF
LAND AREA: ±0.53 AC
YEAR BUILT: 2010
INVESTMENT HIGHLIGHTS
• IRREPLACEABLE CHICAGO REAL ESTATE / NORWOOD PARK – Prime infill location in Norwood Park, a stable, family-oriented area known for tree-lined streets and strong community—supporting long-term residual value and downside protection.
• AFFLUENT, DENSE DEMOGRAPHICS – Nearly 579,500 residents within 5 miles and $103,550 average household income ensuring long-term real estate value.
• EXCELLENT CHICAGO LOCATION / HIGH TRAFFIC COUNTS – Positioned on N Harlem Ave (30,450+ VPD) near I-90 (209,100+ VPD) with outstanding visibility, access, and commuter traffic exposure.
• LOW-RENT DEAL / ATTRACTIVE PRICE POINT – A lower-rent basis provides an accessible investment profile and aligns well with private and 1031 exchange buyer criteria.
• HANDS-OFF INVESTMENT OPPORTUNITY – Absolute Triple Net (NNN) ground lease structure with zero landlord responsibilities, providing passive cash flow and simplified ownership.
• INVESTMENT-GRADE TENANT (S&P: BBB) – AutoZone (NYSE: AZO) is a leading national auto parts retailer with strong brand recognition and durable aftermarket demand.
• DENSE NATIONAL RETAIL CORRIDOR – Surrounded by national retailers including Starbucks, Chick-fil-A, Raising Cane’s, Walgreens, ALDI, Jewel-Osco, Dunkin’, Wendy’s, Popeyes, Marshall’s, Burlington, and many more.
• O’HARE INTERNATIONAL AIRPORT PROXIMITY – Approx. 4 miles from Chicago O’Hare International Airport, a major economic engine that reinforces long-term demand drivers and real estate value.