North & Harlem Shopping Center
$7,340,000
7101 West North Avenue, Oak Park, IL 60302
For Sale
Retail
Neighborhood Center
Active
Last Updated: 01/31/2025
7
Cap Rate
513
NOI
Details:
Cap Rate: 7%
NOI: $513
Building Size: 23,190 sqft
Lot Area: 1.26 acres
Occupancy: 93%
Year Built: 1986
Tenancy: Multiple
Year Last Renovated: 2016
Highlights:
- Prominent Retail Location | Main on Main Intersection
- Traffic Driving Tenant Mix
- Close Proximity to Large Developments
- Established Dense Demographic Profile | 28K Residents within a 1-Mile Radius
- Recent Leasing Velocity
Description:
Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in North & Harlem Shopping Center. The offering represents a rare opportunity to acquire a well performing strip center situated at the signalized hard corner of North and Harlem Avenues adjacent to multiple new developments.
Documents:
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North___Harlem_Flyer.pdf | ||
North___Harlem_OM.pdf
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