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5518 W Chicago Ave
Chicago, IL 60651 Austin

Price Upon Request

Freestanding For Sale  •  11,650 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 11,650 SF
  • Lot Size 0.29 AC
  • Building Class B
  • Year Built 1974
  • Tenancy Single
  • Zoning B3-1
66 Transit Score
81 Walk Score

Highlights

Leased to Dollar General on a net-lease; minimal landlord responsibilities
Strong hedge against inflation; 10% rental increases every 5 years
Corporate guarantee from Investment grade tenant (S&P: BBB)
Placed in high traffic corridor of Chicago Ave. which sees approximately 8,836 VPD
Surrounded by national tenants including: McDonald’s, Subway, Dunkin’, Walmart, Menards, Ace Hardware, Planet Fitness, and more

Public Transportation

Commuter RailDriveWalkDistance
Hanson Park Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra), North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 1.9 mi
Grand/Cicero Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra), North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) 6 min - 2.7 mi
Transit/SubwayDriveWalkDistance
Central Station (Green Line) (Green Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 11 min 0.6 mi
Laramie Station (Green Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 19 min 1.0 mi
Austin Station (Green Line) (Green Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 19 min 1.0 mi
AirportDriveWalkDistance
Chicago Midway International 15 min - 8.7 mi
Chicago O'Hare International 23 min - 13.2 mi