Lakemoor (Chicago), IL 60051

Verizon

Property Address

31450 N US Hwy 12, Lakemoor, IL, USA

Offering Summary

  • Price: $3,424,000
  • Lot Size: 0.79 Acres
  • Cap Rate: 6.50%
  • Year Built: 2026
  • Building SF: 3,000
  • Status: Available
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  • Brand New 10-Year Lease - 2026 Construction - Chicago MSA
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • Tenant/Guarantor is One of the Largest Verizon Wireless Retailers in the U.S. with More Than 800 Locations Across 41 States
  • Affluent Trade Area - Average Household Income Exceeds $162,000 within 1 Mile
  • Situated at Lakewood's Primary Retail Intersection, Outparcel to Woodman's Food Market and Adjacent to National Tenants: Starbucks, Chipotle, Taco Bell, and More
  • High Traffic Location Near the Corner of North US Highway 12 and West Belvedere Road (±59,600 Combined Cars per Day at the Intersection)
  • Located in the Chicago MSA with 89,635 Residents within a 5-Mile Radius

Broker Information