North Ridge and Rossell North Centers
Market Price
6301 West North Avenue, Oak Park, IL 60302
For Sale
Retail
Strip Center
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.
Documents:
| Title | ||
|---|---|---|
| North_Ridge___Rossell_North_Center_Flyer.pdf | ||
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North_Ridge___Rossell_North_Center_OM.pdf
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* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
