
Elston Retail Collection
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RÉSUMÉ ANALYTIQUE
The Boulder Group is pleased to exclusively market one of the highest-profile and successful retail properties in Chicago. Kohl’s, Best Buy and BMO have anchored this center for over 20 years.
The long-term stability of this meticulously maintained property is attributed to its extraordinary location, high visibility, easy access, ample parking (4.75:1) and strong demographics. The property is located two miles north of downtown Chicago on the Kennedy Expressway (I-90) at Armitage Avenue between the affluent communities of Lincoln Park (60614) on the east and Bucktown (60622/60647) on the west. The property is immediately adjacent to the Armitage Avenue exit ramps, enjoys exceptional visibility and easy access from the Kennedy Expressway. Over 200 million vehicles drive by this location each year. These unique attributes ensure this property will always be in high demand and continuously occupied.
This 100% leased property consists of Kohl’s, Best Buy, BMO (triple net ground leases with corporate guarantees) and Chicago Speech Therapy. Kohl’s ground lease consists of an approximately 128,000 sf building and expires in 2030. Best Buy’s ground lease consists of an approximately 45,000 sf building and recently exercised the first option of their ground lease expiring in 2030 with no landlord concessions. The BMO ground lease consists of a 4,750-sf building and recently signed a new, 10-year ground lease expiring in 2036. Chicago Speech Therapy recently signed a new 10-year lease for the 8,500-sf building previously occupied for 10 years by Bubbles Academy with rent expected to commence April 2026.
The long-term stability of this meticulously maintained property is attributed to its extraordinary location, high visibility, easy access, ample parking (4.75:1) and strong demographics. The property is located two miles north of downtown Chicago on the Kennedy Expressway (I-90) at Armitage Avenue between the affluent communities of Lincoln Park (60614) on the east and Bucktown (60622/60647) on the west. The property is immediately adjacent to the Armitage Avenue exit ramps, enjoys exceptional visibility and easy access from the Kennedy Expressway. Over 200 million vehicles drive by this location each year. These unique attributes ensure this property will always be in high demand and continuously occupied.
This 100% leased property consists of Kohl’s, Best Buy, BMO (triple net ground leases with corporate guarantees) and Chicago Speech Therapy. Kohl’s ground lease consists of an approximately 128,000 sf building and expires in 2030. Best Buy’s ground lease consists of an approximately 45,000 sf building and recently exercised the first option of their ground lease expiring in 2030 with no landlord concessions. The BMO ground lease consists of a 4,750-sf building and recently signed a new, 10-year ground lease expiring in 2036. Chicago Speech Therapy recently signed a new 10-year lease for the 8,500-sf building previously occupied for 10 years by Bubbles Academy with rent expected to commence April 2026.
INFORMATIONS SUR L’IMMEUBLE
Prix | 62 476 882 € | Nb de biens | 4 |
Prix/m² | 3 554 € / m² | Individuellement en vente | 0 |
Type de vente | Investissement | Surface totale de l’immeuble | 17 578 m² |
Statut | Actif | Surface totale du terrain | 1,63 ha |
Prix | 62 476 882 € |
Prix/m² | 3 554 € / m² |
Type de vente | Investissement |
Statut | Actif |
Nb de biens | 4 |
Individuellement en vente | 0 |
Surface totale de l’immeuble | 17 578 m² |
Surface totale du terrain | 1,63 ha |
Biens
NOM DU BIEN/ADRESSE | TYPE DE BIEN | SURFACE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
---|---|---|---|---|
Kohl's
2140 N Elston Ave, Chicago, IL 60614 |
Local commercial | 11 913 m² | 2005 | - |
Best Buy
2100 N Elston Ave, Chicago, IL 60614 |
Local commercial | 4 433 m² | 2008 | - |
2184 N Elston Ave, Chicago, IL 60614 | Local commercial | 790 m² | 2006 | - |
BMO Harris Bank
2196 N Elston Ave, Chicago, IL 60614 |
Local commercial | 441 m² | 2009 | - |
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Elston Retail Collection
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