5942-5948 West Touhy Avenue, Niles, IL

$4,700,000

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About 5942-5948 West Touhy Avenue

Located at5942-5948 W Touhy Ave, Niles, this well-positioned strip center offers investors long-term stability and excellent visibility. Of the four units, three are occupied by established national brands that have been at this location for over a decade, each secured with extended lease terms. The remaining unit also has approximately ten years left on its lease, minimizing vacancy risk. This property is exceptionally easy to maintain, as tenants are responsible for their own interior upkeep and utilities. With 61 parking spaces and an existing drive-through, the center supports a wide variety of business uses. The location provides unmatched exposure, with over 35,000 vehicles passing daily, and benefits from strong demographics-average household income within one mile is $156K, and more than 653,000 residents live within a five-mile radius.

Features of 5942-5948 West Touhy Avenue

MLS® # 12461447
Price $4,700,000
Bathrooms 0.00
Acres 0.00
Year Built 2006
Type Commercial Sale
Sub-Type Retail/Stores
Status Active

Community Information

Address 5942-5948 West Touhy Avenue
Area Niles
City Niles
County Cook
State IL
Zip Code 60714

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Individual
Fireplace No
Has Basement No

Additional Information

Days on Market 41
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePlatinum Partners Realtors
Contact Info630-435-3500

Listing Map

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