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9601-9645 S Western Ave, Chicago, IL, 60643

Beverly Plaza

$6,442,000

Key Information

Cap Rate
6.5%
Tot. SF
23,408
Term Remaining
± 5.2 Years
Type
Shopping Centers
NOI
$418,715

Highlights

• Stabilized, ±97.91% Occupied Multi-Tenant Retail Center – Beverly Plaza is occupied by a diverse mix of eight national and regional tenants, providing immediate, day-one cash flow with minimal lease-up risk. The property’s current occupancy reflects strong tenant demand at this established Chicago retail corridor.
• Exceptional Visibility on One of Chicago’s Highest-Traffic Arterials – The property benefits from direct frontage on S. Western Avenue, one of Chicago’s primary commercial corridors carrying approximately 30,000+ vehicles per day.
• Dominant Retail Corridor — Surrounded by National Credit Tenants – Beverly Plaza sits within one of Southwest Chicago’s most established retail corridors. The southwest corner of the 95th & Western intersection is home to the 28-acre Evergreen Plaza redevelopment. Additionally, the immediate trade area is further supported by Whole Foods, Jewel-Osco, Walgreens, Advocate Medical Center, Raising Cane’s, and a dense lineup of other national QSR and service retailers — all driving consistent daily traffic to the submarket.
• Proven, Necessity-Based Tenant Mix – The center’s tenancy is anchored by recession-resistant, service-oriented retailers — uses that are largely insulated from e-commerce disruption. This mix drives consistent, repeat foot traffic and supports long-term tenancy.
• Affluent, Stable Surrounding Demographics – Beverly is among Chicago’s most desirable neighborhoods, with an average household income of $144,184 within 1 mile of the property, and a stable, owner-occupied residential base. The trade area supports above-average consumer spending, particularly in health, wellness, and food service categories represented at the center.

Photos

Location

Agents

Broker of Record

Matthew M. Fitzgerald

License # 471021676, 478027547 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661