6001 N Nina Avenue, Chicago, IL 60631
Description
This 6 unit retail strip center is located in the thriving Norwood Park neighborhood in Chicago, Illinois. The Property is currently operating at a strong occupancy with annual income consistently coming above $125,000 the past 3 years. There is a clear identifiable path to stabilization through a full lease-up, potential conversion to NNN leases, and mark-to-market rent growth. The investment profile is best characterized as a value-add retail opportunity, targeting investors seeking meaningful NOI growth & high-teen leveraged return potential with a few strategic moves. Based on current operations and forward-looking underwriting, the Property offers a compelling repositioning opportunity, though near-term execution risk and leasing assumptions remain critical to achieving projected returns. The property is located in walking distance from downtown Norwood Park and the respective blue line stop and minutes away from I-90 and O’hare Airport.
- Listing Courtesy of: Ellsbury Group LLC
Details
Updated on June 19, 2026 at 3:37 pm-
Property ID MRD12681896
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Price $825,000
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Year Built 1912
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Property Type Bad
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Property Status Active
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Parcel Number 13063060010000
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MLS Status New
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Cumulative Days On Market 1
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Tax Annual Amount 41083
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Cooling Central Air
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Directions From I-90 (Kennedy Expressway), take the Harlem Avenue exit and proceed north on Harlem Avenue approximately 1.5 miles. Turn right (east) onto Avondale Avenue and continue for about a quarter mile to Nina Avenue. Turn right (south) onto Nina Avenue, and the property at 6001 N Nina Avenue will be immediately ahead on the west side of the street in Chicago's Norwood Park neighborhood, just a short distance from the Norwood Park Metra station.
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Association Fee Frequency Not Applicable
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BuildingAreaTotal 10100
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LotSizeSquareFeet 18620
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StoriesTotal 1
Address
Open on Google Maps- Address 6001 N Nina Avenue
- City Chicago
- State/county IL
- Zip/Postal Code 60631
- Country United States
Overview
- Bad
- 1912
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