info This space is no longer listed on Digsy
View other spaces in this property

or Browse more properties in Chicago

Available For Sale - Retail

13,750 SF | Show Pricing $

AVAILABILITY DETAILS

Size
13,750 SF
Price/SF
Show Pricing $
Listing ID
SA454552
Notes
Colliers International has been exclusively retained to market for sale the ground floor commercial condo located at 1148 Wilson Avenue in Chicago, IL. The Offering consists of a ground floor commercial condo with parking on a signalized intersection. Jimmy John’s recently executed a 5-year lease extension. Jimmy John's 5-year lease extension is $30,000 per year with a 2% annual increase.



Located at the base of a 12-unit apartment complex, the Uptown neighborhood and Truman College provide an excellent customer base for the ground floor commercial condos. More than 1,100 units will have been delivered to this neighborhood within a 24-month period, demonstrating the explosive growth to this neighborhood of Chicago.



Situated in the Uptown Theater District, the property is across from Truman College with an enrollment of more than 19,000 students. The property is just steps to the Wilson Red Line stop that caters to a mass-transit customer base, providing significant foot traffic in front of the property. The NEW CTA Wilson Red Line ‘L’ station serves over 2 MILLION riders annually and the CTA #36 Broadway/Wilson bus route with over 4 MILLION total riders annually.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Chris Irwin, Colliers