Sales Comps 14121 DR MLK JR DR - CoStar

Address City Property Info Sale Info
2632 W 111th St Chicago 3,000 SF General Retail/Service Sold: $950,000 ($316.67/SF)

1
Station
12701 S Halsted St Chicago 1,876 SF General Retail/Auto Sold: $650,000 ($346.48/SF)
2
Repair
3118 147th St Posen 1,629 SF General Retail/Service Sold: $1,350,000 ($828.73/SF)
3
Station
107 E 95th St Chicago 2,789 SF General Sold: $1,228,000 ($440.30/SF)
4
Retail/Restaurant
1320 Torrence Ave Calumet City 1,584 SF General Sold: $1,730,000 ($1,092.17/SF)
5
Retail/Freestanding
18007 Torrence Ave Lansing 3,809 SF General Retail/Storefront Sold: $2,153,500 ($565.37/SF)
6
Retail/Office
7 7101 S Stony Island Ave Chicago 1,696 SF General Retail/Fast Food Sold: $2,328,500 ($1,372.94/SF)
8 9438 S Ashland Ave Chicago 2,400 SF General Retail/Storefront Sold: $2,385,000 ($993.75/SF)
10329 S Kedzie Ave (Part of Chicago 1,801 SF Retail/Fast Food Sold: $1,875,000 ($1,041.09/SF)
9
Portfolio)
7250 S Western Ave (Part of Chicago 1,500 SF Retail/Fast Food Sold: $2,675,000 ($1,783.33/SF)
10
Portfolio)
11 8470 S Lafayette Ave Chicago 2,500 SF General Retail/Fast Food Sold: $2,335,000 ($934/SF)
© 2024 CoStar Group - Licensed to NNN Investments Consultants LLC - 1449568. 3/7/2024
Page 1
2632 W 111th St
Chicago, IL 60655
Service Station Building of 3,000 SF Sold on 1/4/2024 for
$950,000 - In Progress
buyer
Sk Venture Group Llc
seller
Kb Realty Llc
vital data
Escrow/Contract: - Sale Price: $950,000

Sale Date: 1/4/2024 Status: -
Days on Market: - Building SF: 3,000 SF
Exchange: No Price/SF: $316.67
Conditions: - Pro Forma Cap Rate: -
Land Area SF: 13,939 Actual Cap Rate: -
Acres: 0.32 Down Pmnt: -
$/SF Land Gross: $68.15 Pct Down: -
Year Built, Age: 1962 Age: 62 Doc No: 2401228019
Parking Spaces: 6 Trans Tax: -
Parking Ratio: 2/1000 SF Corner: No
FAR 0.22 Zoning: -
Lot Dimensions: - Percent Improved: 73.5%
Frontage: 127 feet on West 111th Street Submarket: South Chicago
Tenancy: - Map Page: -
Comp ID: 6635516 Parcel No: 24-13-426-034-0000
Property Type: Retail
income expense data Listing Broker
Buyer Broker
financing
Page 2
12701 S Halsted St
Chicago, IL 60628
Auto Repair Building of 1,876 SF Sold on 8/21/2023 for
$650,000 - Research Complete
buyer
seller
Ibrahim Tlaib
7129 Laverne Ln
Tinley Park, IL 60477
(708) 444-2998
vital data
Escrow/Contract: - Sale Price: $650,000

Sale Date: 8/21/2023 Status: Confirmed
Days on Market: 178 days Building SF: 1,876 SF
Year Built, Age: 1971 Age: 52 Doc No: -
FAR 0.14 Zoning: C2-1
Lot Dimensions: - No Tenants: 1
Frontage: - Percent Improved: -
Tenancy: - Submarket: South Chicago
Comp ID: 6499067 Map Page: Rand McNally 76-0W15S
Parcel No: -
Into Realty Inc

5530 W 110th St
Oak Lawn, IL 60453
(708) 724-9621
Jamal Ziada
Buyer Broker
Into Realty Inc

5530 W 110th St
Oak Lawn, IL 60453
(708) 724-9621
Jamal Ziada
financing prior sale
Date/Doc No: 1/21/2005

Sale Price: $400,000
CompID: 1021145
Page 3
3118 147th St
Posen, IL 60469
Service Station Building of 1,629 SF Sold on 7/21/2023 for
$1,350,000 - Research Complete
buyer
Sanju Mathew
3340 Thornwood Ave
Glenview, IL 60026
(814) 861-1320
seller
Apex Petroleum Inc

2185 E Wood St
Decatur, IL 62521
(920) 746-0644
vital data
Escrow/Contract: - Sale Price: $1,350,000

Sale Date: 7/21/2023 Status: Full Value
Parking Spaces: - Trans Tax: -
Parking Ratio: - Corner: No
FAR 0.09 Zoning: N/Av, County
Lot Dimensions: 123x153 No Tenants: 1
Frontage: 123 feet on 147th Percent Improved: 58.3%
Tenancy: - Submarket: Near South Cook
Comp ID: 6490475 Map Page: Rand McNally 81-3W17S
Parcel No: 28-12-118-022-0000 [Partial List]
Buyer Broker
1st Belmont Bank and Trust Company Date/Doc No: 3/1/1998

Bal/Pmt: $600,000 Sale Price: $225,000
CompID: 268500
Page 4
107 E 95th St
Checkers
Chicago, IL 60619
Restaurant Building of 2,789 SF Sold on 7/10/2023 for
buyer
Judith L. Brown
3064 E Broadway
Long Beach, CA 90803
(562) 856-1254
seller
Farhana, Ali
8397 Melrose Dr
Lenexa, KS 66214
(913) 495-5577
vital data

Parking Ratio: 6.67/1000 SF Corner: No
FAR 0.19 Zoning: B3-1
Frontage: 114 feet on E 95th St (with 1 ... Percent Improved: 77.8%
Tenancy: Single Submarket: South Chicago
Comp ID: 6460221 Map Page: -
Parcel No: 25-10-101-050-0000
Marcus & Millichap

Two Towne Sq
Southfield, MI 48076
(248) 415-2600
Brian Masserman
Buyer Broker
Marcus & Millichap

Two Towne Sq
Southfield, MI 48076
(248) 415-2600
Ashish Vakhariya, Seth Haron, Darin Gross

CompID: 5526622
Page 5
1320 Torrence Ave
LensCrafters
Calumet City, IL 60409
Freestanding Building of 1,584 SF Sold on 12/20/2022 for
buyer
Agree Realty Corporation

32301 Woodward Ave
Royal Oak, MI 48073
(248) 737-4190
seller
MCB Real Estate, LLC

2002 Clipper Park Rd
Baltimore, MD 21211
(410) 662-0104
vital data

Exchange: No Price/SF: $1,092.17
Year Built, Age: - Doc No: 2301234044
FAR 0.06 Zoning: Commercial
Frontage: 152 feet on Torrence Ave (with ... Percent Improved: 61.9%
Tenancy: Single Submarket: Near South Cook
Parcel No: 29-24-200-061-0000
No Listing Broker on Deal
Buyer Broker
No Buyer Broker on Deal

CompID: 5625506
Page 6
18007 Torrence Ave
Lansing, IL 60438
Storefront Retail/Office Building of 3,809 SF Sold on 12/1/2022
for $2,153,500 - Research Complete
buyer
H Y Systems Inc
220 Continental Dr
Newark, DE 19713
(302) 352-1790
seller
Glazier Corporation
1406 W Fulton Ave
Chicago, IL 60642
(312) 208-1600
vital data

Parking Ratio: 3.93/1000 SF Corner: No
FAR 0.51 Zoning: B-2
Lot Dimensions: 50x150 No Tenants: 1
Frontage: 51 feet on Torrence Ave Percent Improved: 75.0%
Tenancy: - Submarket: Near South Cook
Parcel No: 30-31-102-029-0000 [Partial List]
Buyer Broker
financing
Page 7
7101 S Stony Island Ave
Starbucks
Chicago, IL 60649
Fast Food Building of 1,696 SF Sold on 10/18/2022 for
buyer
Alessandro Cocco
7101 S Stony Island Ave
Chicago, IL 60649
seller
GW Properties
2211 N Elston Ave
Chicago, IL 60614
(773) 382-0445
vital data

Parking Ratio: - Corner: Yes
FAR 0.12 Zoning: 50
Frontage: - Percent Improved: 78.7%
Parcel No: 20-25-100-001-0000
Marcus & Millichap

333 W Wacker Dr
Chicago, IL 60606
(312) 327-5400
Nicholas Kanich
Buyer Broker
No Buyer Broker on Deal
Date/Doc No: 12/28/2021

Sale Price: -
CompID: 5908965
Page 8
9438 S Ashland Ave
Chicago, IL 60620
Storefront Building of 2,400 SF Sold on 10/12/2022 for
buyer
Watermill Restaurant
711 Smithtown Byp
Smithtown, NY 11787
(631) 724-3242
seller
Glazier Corporation
1406 W Fulton Ave
Chicago, IL 60642
(312) 208-1600
vital data

Land Area SF: 23,566 Actual Cap Rate: 5.50%
FAR 0.10 Zoning: -
Frontage: 93 feet on South Ashland Avenue Submarket: South Chicago
Comp ID: 6260318 Parcel No: 25-06-426-016-0000
JLL
200 E Randolph St
Chicago, IL 60601
(312) 782-5800
Truman Tiernan, Sam Koziol
Buyer Broker
Industry One Realty Corp.

95 Broadhollow Rd
Melville, NY 11747
(631) 694-3500
Carmine LiBretti
financing
Page 9
7250 S Western Ave
Popeyes
Chicago, IL 60636
$2,675,000 - Research Complete (Part of Portfolio)
buyer
Parikh Network
100 Menlo Park
Edison, NJ 08837
(732) 318-6269
seller
Thomas Leonard
17103 Oak Park Ave
(708) 429-7300
vital data

Conditions: Bulk/Portfolio Sale Pro Forma Cap Rate: -
FAR 0.09 Zoning: C-1
Frontage: 61 feet on South Western Avenue Percent Improved: -
Parcel No: -
Buyer Broker

Sale Price: $2,675,000
CompID: 6103601
Page 10
Page 11
10329 S Kedzie Ave
Popeyes
Chicago, IL 60655
$1,875,000 - Research Complete (Part of Portfolio)
buyer
Parikh Network
100 Menlo Park
Edison, NJ 08837
(732) 318-6269
seller
Thomas Leonard
17103 Oak Park Ave
(708) 429-7300
vital data

Conditions: Bulk/Portfolio Sale Pro Forma Cap Rate: -
Year Built, Age: - Doc No: 2220942030
FAR 0.72 Zoning: B1-1
Frontage: - Percent Improved: -
Parcel No: -
Buyer Broker

CompID: 4798807
Page 12
Page 13
8470 S Lafayette Ave
Chicago, IL 60620
Fast Food Building of 2,500 SF Sold on 3/11/2022 for $2,335,000
- Research Complete
buyer
Lanlir LLC & NNJ Properties LLC
seller
PDFP Wendys Chicago LLC

1204 S Congress Ave
Austin, TX 78704
vital data

FAR 0.16 Zoning: c
Frontage: 103 feet on Lafayette (with 2 ... Submarket: South Chicago
Comp ID: 5951894 Parcel No: 20-33-409-020-0000
CBRE
2221 Rosecrans Ave
El Segundo, CA 90245
(310) 363-4900
Patrick Wade
Buyer Broker
CBRE
2221 Rosecrans Ave
El Segundo, CA 90245
(310) 363-4900
Patrick Wade
financing
Page 14

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Address City Property Info Sale Info

2632 W 111th St Chicago 3,000 SF General Retail/Service Sold: $950,000 ($316.67/SF)

Sk Venture Group Llc

Escrow/Contract: - Sale Price: $950,000

income expense data Listing Broker

Escrow/Contract: - Sale Price: $650,000

income expense data Listing Broker

Into Realty Inc

Into Realty Inc

financing prior sale

Date/Doc No: 1/21/2005

Apex Petroleum Inc

Escrow/Contract: - Sale Price: $1,350,000

income expense data Listing Broker

financing prior sale

1st Belmont Bank and Trust Company Date/Doc No: 3/1/1998

Escrow/Contract: - Sale Price: $1,228,000

income expense data Listing Broker

Marcus & Millichap

Marcus & Millichap

financing prior sale

Date/Doc No: 4/17/2021

Agree Realty Corporation

MCB Real Estate, LLC

Escrow/Contract: - Sale Price: $1,730,000

income expense data Listing Broker

No Listing Broker on Deal

No Buyer Broker on Deal

financing prior sale

Date/Doc No: 4/14/2021

Escrow/Contract: - Sale Price: $2,153,500

income expense data Listing Broker

Escrow/Contract: - Sale Price: $2,328,500

income expense data Listing Broker

Marcus & Millichap

No Buyer Broker on Deal

financing prior sale

Date/Doc No: 12/28/2021

Escrow/Contract: - Sale Price: $2,385,000

income expense data Listing Broker

Industry One Realty Corp.

Escrow/Contract: - Sale Price: $2,675,000

income expense data Listing Broker

financing prior sale

Date/Doc No: 7/20/2021

Escrow/Contract: - Sale Price: $1,875,000

income expense data Listing Broker

financing prior sale

Date/Doc No: 6/7/2019

Lanlir LLC & NNJ Properties LLC

PDFP Wendys Chicago LLC

Escrow/Contract: - Sale Price: $2,335,000

income expense data Listing Broker

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