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Crains: Dominick’s puts Edgewater sites up for sale

Dominick’s Finer Foods LLC has put up for sale two vacant parcels adjacent to a store under construction at the corner of Foster Avenue and North Sheridan Road in Edgewater, with a combined asking price of $5.6 million. A 36,808-square-foot parcel on Sheridan Road north of the new store has an asking price of $4.6 million, says Todd Cabanban, an executive vice-president with Chicago-based Zifkin Realty Group LLC who is marketing the sites. An 8,464-square-foot parcel on Foster east of the new store has an asking price of $1 million, he says. Dominick’s, a unit of Pleasanton, Calif.-based Safeway Inc., paid a combined price of almost $10 million for the nearly three-acre property, including the site of the new store. The Dominick’s store is expected to open later this year.

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