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About the Listing 21823 - 257723
Located at5942-5948 W Touhy Ave, Niles, this well-positioned strip center offers investors long-term stability and excellent visibility. Of the four units, three are occupied by established national brands that have been at this location for over a decade, each secured with extended lease terms. The remaining unit also has approximately ten years left on its lease, minimizing vacancy risk. This property is exceptionally easy to maintain, as tenants are responsible for their own interior upkeep and utilities. With 61 parking spaces and an existing drive-through, the center supports a wide variety of business uses. The location provides unmatched exposure, with over 35,000 vehicles passing daily, and benefits from strong demographics-average household income within one mile is $156K, and more than 653,000 residents live within a five-mile radius.
Listing Highlights for 5942-5948 W Touhy Ave
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central Individual
- Heating: Central Heat/Indiv Controls
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 183 X 290 X 225 X 36 X 65
- Zoning: COMMR
- Roof:
- Others:
- Sewer:
- Parking Features: 51-100 Spaces
Financial Details
- Tax Amount: $138,682
- Taxes w/Assessments: N/A
- Tax/Property ID: 10294020360000
- Tax Year: 2023
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Listing Location
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5942-5948 W Touhy Ave Niles, IL 60714
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