Retail Space / Illinois / Chicago / 60639 / 5159 West Diversey Avenue

5159 West Diversey Avenue

Chicago, IL 60639

Listing ID: 203290

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$1,199,000

For Sale

Property Type Retail for Sale : Shopping Center
Lot Size Acres 0.215
Building Sq Ft 6,600
Building Price per Sq Ft $181.67
Land Sq Ft 9,375
Land Price per Sq Ft $127.89

Description

Highlights
Hard corner, stop light intersection of Diversey Ave and Laramie Ave
Strong cash flow with lots of room for upside
Diverse tenant mix including Metro PCS.
New Roof in 2012 & some car parking for the tenants.
Priced below market by any measure: cap rate, cash flow, price per sf, even land value for redevelopment!
Description
Great stop light corner retail building consisting of 6,600 sf of recession/Amazon proof retailers. Many tenants have been there 5-20 years! High traffic count with diverse tenant mix including Metro PCS.
The property is directly across the street from Walgreens and surrounded by countless retailers.
Location
Hard corner, SE corner of Diversey and Laramie

Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Chicago History of Retail Space for Sale

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Listing Demographics for 5159 West Diversey Avenue Chicago, IL 60639

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		67,972	469,923	1,059,485
Population Median Age		35	36	37
Population by Age	0-9 Yrs	9974 (14%)	60695 (12%)	134867 (12%)
	10-19 Yrs	9944 (14%)	58793 (12%)	119312 (11%)
	20-29 Yrs	8776 (12%)	71260 (15%)	166998 (15%)
	30-39 Yrs	10531 (15%)	77775 (16%)	190033 (17%)
	40-49 Yrs	9815 (14%)	64932 (13%)	144377 (13%)
	50-59 Yrs	7995 (11%)	57148 (12%)	123614 (11%)
	60-69 Yrs	6800 (10%)	45715 (9%)	98465 (9%)
	70+ Yrs	4136 (6%)	33605 (7%)	81818 (7%)

Median HH Income		$52,755	$57,828	$67,913
Total Household Income	< 24K	4538 (22%)	33105 (20%)	76359 (19%)
	25-49K	5137 (25%)	36181 (22%)	73822 (18%)
	50-74K	3991 (19%)	27232 (17%)	60282 (15%)
	75-99K	2748 (13%)	19922 (12%)	47020 (12%)
	100-199K	3398 (16%)	33326 (20%)	92325 (23%)
	200K+	516 (2%)	9156 (5%)	40539 (10%)

Highest Education Level	No Diploma	13698	63513	107334
	Diploma or GED	13334	87086	167199
	Some College	7393	57372	122355
	Assoc. Degree	2605	21309	44811
	Bachelors Degree	4779	56735	180317
	Higher Degree	1835	32501	116257

Total Housing Units		22,311	176,575	432,736
--Owner-Occupied		9,958	80,894	197,906
--Renter-Occupied		10,369	78,029	192,442
Owner-Occupied Values	< 100K	471	5149	10561
	100-199K	1890	15367	30811
	200-299K	4437	27556	52866
	300-399K	2502	18884	42940
	400-499K	419	6388	21145
	500K+	239	7550	39583

Total Working Age Population		52,179	374,449	851,096
In Work Force		35,022	255,011	592,432
Not In Work Force		17,157	119,438	258,664
Workforce Employed		32,815	238,910	559,065
Workforce Unemployed		2,207	15,943	33,020
Civlian Workforce		35,022	254,853	592,085
Military Workforce		0	159	347

Total Households		20,327	158,923	390,348
Family Households		14,805	104,374	235,313
Non-Family Households		5,522	54,550	155,035
Married Couple		9,467	66,841	157,938
Other Family		5,338	37,533	77,375
Married w/Child		4,491	29,373	70,036
Single Male w/Child		913	3,998	7,936
Single Female w/Child		1,897	11,848	26,168

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Illinois	12,419,293	+3	12,830,632	+12	14,316,487	+6	15,138,849
Cook County	5,376,741	-3	5,194,675	+10	5,707,832	+5	5,990,243

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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