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6230 South Ashland Avenue

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INVESTMENT OFFERING

SAB Capital is pleased to present 6230 South Ashland Avenue in Chicago, Illinois, 5 miles from the Chicago loop. The subject property contains 6 retail units totaling 9,900 square feet. The property sits on South Ashland Avenue which sees over 31,000 vehicles per day and boasts dense local demographics with 320,000 residents within a 5-mile radius.

  • 6 Unit Strip Center in Chicago, IL | 5 Miles From Chicago Loop
  • Opportunity to Add Additional Value through Lease-Up of Vacant Unit
  • Core Urban Demographics | Over 320,000 Residents in 5 Mile Radius
  • Strong Commitment From Current Tenant Roster | Both the Discount Store and Nail Salon Exercised First Option | Two Brand New Leases Executed
  • High Traffic Location | S Ashland Avenue Sees Over 31,000 Vehicles Per Day
  • Dense Retail Corridor With Strong Fundamentals | 1.1 Million Square Feet of Retail Within 1 Mile Boasting 2.6% Vacancy (Costar.com)
  • National Retailers Located Nearby | Goodwill, Family Dollar, US Postal Service, and Many More

Tenant Price Cap Rate Lease Type Square Feet Status
6230 S Ashland Avenue $925,000 8.56% NNN 9000 Available

Dominic Padula

VICE PRESIDENT | INVESTMENT SALES
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