Triton Realty Group is pleased to present the opportunity to purchase 6415 N Central Ave in the Edgebrook neighborhood of Chicago. The property is located one block (0.1 miles) from the Edgebrook Metra Station. The ideal location in this neighborhood makes allows a new investor to purchase the property for redevelopment. The site consists of a 37,752 SF lot, a freestanding 15,165 SF building, 200 feet of frontage, and 55 parking spaces.
Property is being sold by long time owner/operator of grocery store. Owners are willing to sell the real estate and the business to a grocery store operator as well. The average household income in the immediate area is over $100,000. Current use is a grocery store. The second location of this grocery store west of this location in Edison Park has already been sold. Current business is in operation; please do not disturb business operations.
Edgebrook, approx. 12 miles, NW of downtown Chicago has a population of ~18,500 residences. The location is just west of I-94 allowing easy highway and train access to downtown. The area caters to those looking for access downtown but also a neighborhood setting given its proximity to other NW suburbs. The Edgebrook Metra Station proximity to this site makes this an ideal redevelopment location.
Pro Forma Cap-Rate
37,752 SF Lot
15,165 SF Building
200 Feet of Frontage
~55 Parking Spaces
One Block To Train (0.1 Miles)
Average Household Income : $101,559
Traffic Counts: 17,800