Citibank

4010 West 26th Street, Chicago, IL 60623
$1,965,000
Status Sold
Price $1,965,000
Cap Rate 7.05%
NOI $138,488
Price/SF $251
Lease Type Absolute NNN
Lease Term 10 Years
Lease Start March 2015
Lease Expiration March 2025
Building Size 7,830 SF
Lot Size 5889 AC

Overview

The property is located in Chicago’s Little Village neighborhood along the major east-west thoroughfare of 26th Avenue in a robust retail corridor. The branch is located near the bustling Pulaski Road intersection with a daily traffic count of 21,500 cars.

The property benefits from its location near several businesses and shopping centers, including national retailers CVS and Walgreens. The population and average household income within a 5-mile radius are more than 985,000 and $55,000, respectively.