Kiddie Academy | Oak Park (Chicago MSA), IL

13,098 SF | Retail Building | Oak Park, IL 60304 | $6,735,000 ($514/SF) | 7% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $6,735,000

Property Type
Retail
Square Feet
13,098 SF
Price / Square Foot
$514

Listing Contacts

Jeff Lefko
Jeff Lefko
Verified Profile
Bill Asher
Bill Asher
Verified Profile
  • Property Info

Property Overview

New 20-Year Lease | Rare 2% Annual Increases | Affluent Chicago Suburb; $117,000+ AHHI

Property Details

Year Built
2024
Stories
1
Lot Size (sq. ft)
38,768 SF

Highlights

  • New Construction Single-Tenant Kiddie Academy in Affluent, Infill Chicago Suburb: New 20-year lease with 2% annual increases (starting in year 3)
  • Subject Property is Poised for Immediate Success Through Strategic Real Estate and an Experienced Operator
  • Located in Direct Path of Morning Traffic: The property is located next to I-290 (186,500 Cars Per Day)
  • Ultra-Dense, Affluent Trade Area; Ideal Demographics for a Child Learning Center: AHHIs in excess of $117,000 within a 1-mile radius
  • Located 20 Minutes From Downtown Chicago MSA: #3 “Best City in the World” by Time Out (2019)
  • 3rd most populous city in the U.S. (2.7 million people) and 3rd largest MSA in the U.S. (10 million people)

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