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Boulevard of North Shore

Market Price

Southwest Corner of Skokie Boulevard & Foster Street, Skokie, IL 60077

Pending
Last Updated: 04/24/2023

1,055,765

NOI

90,578 sqft

Building Size

Details:
NOI:    $1,055,765
Building Size:    90,578 sqft
Occupancy:    89.1%
Year Built:    1984
Tenancy:    Multiple
Investment Strategy:    Value Add
Highlights:
  • Affluent North Shore Demographics | 146k Average Household Income
  • Value Add Opportunity | 89% Leased with 5.7% NOI CAGR
  • Prominent North Shore Chicago Retail Location
  • Tax Visibility | Reassessed in Tax Year 2021
  • Leasing Velocity Throughout Pandemic | 5 New Leases
  • Below Market Anchor Leases
Description:

Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in Boulevard of North Shore, an 89% leased shopping center located in the heart of the retail regional hub of Skokie.

Map:
Documents:
Title
Boulevard_of_North_Shore_Flyer.pdf
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Boulevard_of_North_Shore_OM.pdf
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