2184 N Elston Ave · Chicago, IL 60614 · Banking / Financial
We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.
Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.
Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.
Institutional Big-Box Retail - Anchored by Best Buy, Kohl’s and BMO with over 20-year occupancy.
Top-Performing Kohl’s & Best Buy - Kohl’s ranks in the top 3% nationally on Placer.ai. Best Buy is one of two stores in Chicago and ranks in the top 10%.
Durable Tenant Commitment - The anchor tenants view the location and brand exposure as strategic and mission critical.
Embedded Re-Tenanting Upside - Market rents exceed in-place big-box rents, supporting future upside.
Parcel-Level Monetization Optionality - Separately platted pads allow selective dispositions at lower cap rates.
Major Mixed-Use Growth Corridor - Located within a multi-billion-dollar residential and retail development pipeline.
Lincoln Park Redevelopment Catalyst - Positioned adjacent to a Foundry Park – 4,000 new residential units. foundryparkchicago.com
Core Chicago Infill Market - Dense, affluent North Side submarket with high barriers to entry.
We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.
Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.
Optional. On time-sensitive listings a call reaches you faster than email. We will not use it for automated calls or texts.
Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.