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Chick-fil-A Retail Property In Chicago Sold For $3.3 Million By The Boulder Group
SOLD
$3,300,000
Illinois
See Similar DealsRetail
Sold 08/07/2025
SOLD
Chick-fil-A Retail Property In Chicago Sold For $3.3 Million By The Boulder Group
11301 South Corliss Avenue
See Similar DealsRetail
Sold 08/07/2025
Summary
ILLINOIS
Asset Type:Retail
Transaction Type:Sale
A retail property located at 11301 South Corliss Avenue, Chicago, has been sold for $3,300,000. The asset features a 15-year lease with rent escalations and is strategically positioned near I-94 and Pullman Park. The sale was executed by a local developer to a private investor.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,300,000
- Address: 11301 South Corliss Avenue
- Market: Chicago
- Lease Term: 15 years
- Rent Escalations: Yes
- Seller: Local developer
- Buyer: Private investor
The transaction was brokered by Randy Blankstein and Jimmy Goodman from The Boulder Group, who facilitated the deal and brought together the involved parties efficiently.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$175,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,724.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,643.68
Annual Debt Service$187,724.20
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