Retail Space
7548 West 103rd Street Bridgeview, IL 60455

Details & Description

Price: $3,225,000

Caton Commercial is pleased to present the exclusive listing of the Bridgeview Court Plaza, located at 7524-7548 W 103rd St in Bridgeview, IL. The offering consists of six (6) fully occupied units, all NNN leases with an average lease term of 5 years.The Bridgeview Court Plaza retail center offers potential buyers the opportunity to purchase a cash flowing asset with minimal landlord responsibility. Currently, this fully occupied center has rents averaging $18.22/ft NNN with 3% annual escalations, which provides a significant inflation hedge for an investor.The subject property is highly desirable in the marketplace due to residential, industrial and other commercial developments nearby. The shopping center is anchored by Little Bird Daycare, which has been in operation at this location since 2014 . Additional tenants include: Hard Rocks Gaming Café, Gamify Gaming Lounge, Zacarelli’s Pizza, Youboo Foods and Skinner Law Firm.Bridgeview Court Plaza is located at the signalized intersection of 103rd Street and S 76th Ave, a half mile from Harlem Ave. The center is positioned just west of the 294 Tollway with residential neighborhoods to the South and industrial properties to the North.

Property ID: 298493
Property URL: melqr.com/298493
Generated: 04-30-24

Property Highlights

• Fully leased 6-unit retail strip center
• Long term tenants in place
• Well maintained, cash flowing property
• All NNN leases
• 3% annual escalations
• Ample parking

Listing Agents

Bill Caton

O: 815-370-1236
M: 331-333-1155
bill@catoncommercial.com

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.

Retail Space / Illinois / Bridgeview / 60455 / 7548 West 103rd Street

7548 West 103rd Street

Bridgeview, IL 60455

Listing ID: 298493

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Building Size: 13,326 SF

Lot Size: 1.240 AC

Land Size: 54,014 SF

Building $/SF: $242.01

Land $/SF: $59.71

Price

$3,225,000

Property Highlights

Fully leased 6-unit retail strip center

Long term tenants in place

Well maintained, cash flowing property

All NNN leases

3% annual escalations

Located at a signalized intersection with over 25,000 vehicles per day

Ample parking

Description

Caton Commercial is pleased to present the exclusive listing of the Bridgeview Court Plaza, located at 7524-7548 W 103rd St in Bridgeview, IL. The offering consists of six (6) fully occupied units, all NNN leases with an average lease term of 5 years.
The Bridgeview Court Plaza retail center offers potential buyers the opportunity to purchase a cash flowing asset with minimal landlord responsibility. Currently, this fully occupied center has rents averaging $18.22/ft NNN with 3% annual escalations, which provides a significant inflation hedge for an investor.
The subject property is highly desirable in the marketplace due to residential, industrial and other commercial developments nearby. The shopping center is anchored by Little Bird Daycare, which has been in operation at this location since 2014 . Additional tenants include: Hard Rocks Gaming Café, Gamify Gaming Lounge, Zacarelli’s Pizza, Youboo Foods and Skinner Law Firm.
Bridgeview Court Plaza is located at the signalized intersection of 103rd Street and S 76th Ave, a half mile from Harlem Ave. The center is positioned just west of the 294 Tollway with residential neighborhoods to the South and industrial properties to the North.

Attachments & Files

bridgeview-7524-103rd-retail-investment-bc-oDA-WRj.pdf

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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 7548 West 103rd Street Bridgeview, IL 60455

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		11,962	112,828	251,778
Population Median Age		40	40	40
Population by Age	0-9 Yrs	1613 (13%)	14047 (12%)	30916 (12%)
	10-19 Yrs	1307 (10%)	13043 (11%)	32062 (12%)
	20-29 Yrs	1397 (11%)	14807 (13%)	30260 (12%)
	30-39 Yrs	1820 (15%)	14885 (13%)	33134 (13%)
	40-49 Yrs	1440 (12%)	13208 (11%)	30035 (11%)
	50-59 Yrs	1220 (10%)	15295 (13%)	32914 (13%)
	60-69 Yrs	1721 (14%)	15021 (13%)	33667 (13%)
	70+ Yrs	1445 (12%)	12521 (11%)	28792 (11%)

Median HH Income		$49,918	$62,688	$68,151
Total Household Income	< 24K	1056 (22%)	7640 (18%)	14780 (15%)
	25-49K	1295 (27%)	9652 (22%)	20142 (21%)
	50-74K	819 (17%)	6949 (16%)	15960 (17%)
	75-99K	514 (10%)	5528 (13%)	12665 (13%)
	100-199K	864 (18%)	10150 (24%)	23779 (25%)
	200K+	147 (3%)	2177 (5%)	6092 (6%)

Highest Education Level	No Diploma	1069	8845	19527
	Diploma or GED	2949	24715	52440
	Some College	1855	17764	39185
	Assoc. Degree	819	7796	15668
	Bachelors Degree	903	12600	31326
	Higher Degree	752	7034	16497

Total Housing Units		5,089	45,362	100,216
--Owner-Occupied		2,980	29,513	70,190
--Renter-Occupied		1,714	12,584	23,228
Owner-Occupied Values	< 100K	503	3352	7634
	100-199K	963	10210	23542
	200-299K	1023	10616	24540
	300-399K	306	3927	9848
	400-499K	113	836	2553
	500K+	72	573	2073

Total Working Age Population		9,542	90,877	200,407
In Work Force		5,580	55,494	125,194
Not In Work Force		3,963	35,383	75,213
Workforce Employed		5,171	52,333	117,964
Workforce Unemployed		409	3,152	7,210
Civlian Workforce		5,580	55,485	125,174
Military Workforce		0	10	20

Total Households		4,695	42,097	93,418
Family Households		2,750	27,608	62,047
Non-Family Households		1,945	14,489	31,371
Married Couple		2,243	20,483	46,603
Other Family		507	7,125	15,444
Married w/Child		989	8,164	18,687
Single Male w/Child		35	916	1,871
Single Female w/Child		91	1,862	4,217

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

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

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.

Common Questions and Answers

What is the asking price for 7548 West 103rd Street in Bridgeview?

The asking price for 7548 West 103rd Street is $3,225,000

What is the building size of this Retail property in Bridgeview, IL?

The size of the building/unit at 7548 West 103rd Street in Bridgeview is 13,326 square feet

How much land does the Bridgeview, IL property at 7548 West 103rd Street include?

7548 West 103rd Street in Bridgeview includes 1.240 acres of land

What kind of Retail is the propery at 7548 West 103rd Street?

The property at 7548 West 103rd Street Bridgeview, IL 60455 is listed as a Shopping Center Retail property

What is the population within 1 mile of 7548 West 103rd Street in Bridgeview?

The population within 1 mile of 7548 West 103rd Street Bridgeview, IL 60455 is 11,962 people.

Who do I contact for questions about 7548 West 103rd Street?

You should contact the listing agent, Bill Caton, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Chicago Midway International Airport (MDW)	6
Chicago O'Hare International Airport (ORD)	20
Chicago Rockford International Airport (RFD)	74