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North Ridge and Rossell North Centers

Market Price

6301 West North Avenue, Oak Park, IL 60302

Active
Last Updated: 12/05/2024

7.5

Cap Rate

641,986

NOI

Details:
Cap Rate:    7.5%
NOI:    $641,986
Building Size:    36,005 sqft
Lot Area:    1.88 acres
Occupancy:    97.2%
Tenancy:    Multiple
Highlights:
  • Stable Tenant Lineup
  • Prominent Retail Location
  • Established Dense Demographic Profile | 36K Residents within a 1-Mile Radius
  • Recent Leasing Velocity
  • Below Market Tenants | Value-Add Opportunity
Description:

Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in North Ridge and Rossell North Shopping Centers. The offering represents a rare opportunity to acquire well performing strip centers situated on North Ave in the heart of the Oak Park retail trade area.

Map:
Documents:
Title
North_Ridge___Rossell_North_Center_Flyer.pdf
View
North_Ridge___Rossell_North_Center_OM.pdf
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