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$ 2,750,000
Est. payment /mo
Active
1123 W Thorndale Ave #29 Chicago, IL 60660-3515
9,975 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,975 sqft
Price per Sqft $275
Lot Size 0.354 Acres
Property Description
🔥 Investors, this is what you've been waiting for. A fully leased, 9,975 SF strip mall in the heart of Edgewater, generating stable, high-yield cash flow in one of Chicago's most vibrant and high-traffic corridors. Offered at $2,750,000, this asset is a turnkey income producer with built-in growth potential.
🏆 Why This Deal is a Winner:
✔️ Three established tenants – a high-performing laundromat (able to be purchased business available separately for $600,000) + two thriving restaurants
✔️ Adjacent to a major city train station – consistent foot traffic & a surge in drop-off laundry demand
✔️ 18 dedicated parking spaces – rare for a dense, urban location like this
✔️ Long-term stability – fully leased with strong, reliable tenants
📈 Cash flow is strong. Location is unbeatable. The upside is real. Whether you're looking for passive income or a value-add play, this strip mall delivers.
Serious inquiries only. If you'd like to review the full Offer Memorandum, send me a message. This won't last. 🚀
🏆 Why This Deal is a Winner:
✔️ Three established tenants – a high-performing laundromat (able to be purchased business available separately for $600,000) + two thriving restaurants
✔️ Adjacent to a major city train station – consistent foot traffic & a surge in drop-off laundry demand
✔️ 18 dedicated parking spaces – rare for a dense, urban location like this
✔️ Long-term stability – fully leased with strong, reliable tenants
📈 Cash flow is strong. Location is unbeatable. The upside is real. Whether you're looking for passive income or a value-add play, this strip mall delivers.
Serious inquiries only. If you'd like to review the full Offer Memorandum, send me a message. This won't last. 🚀
Location
State IL
County Cook
Others
Virtual Tour https://tour.giraffe360.com/44b2dff47af748348d3efe414c20e52a
Listed by Krystal Heredia • Coldwell Banker Realty- Gold Coast
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