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Shopping Strip

Hard Corner Retail Center | Chicago MSA | Long-Term Tenancy

5N105 IL-53, Itasca, IL 60143

Listing Price: $3,499,999

Cap Rate
7.78%
Gross SF
21,250
Rentable SF
21,250
Price/Gross SF
$164.71
Lot Size
1.68 acres
Year Built
1980

Investment Overview

Marcus & Millichap is pleased to exclusively present a retail strip located within the Chicago MSA. This retail strip is comprised of a complementary tenant mix, including many service-based tenants and restaurants. There is an opportunity to add value through leasing the remaining 5,325 square feet of vacant space. Subject property is very easily accessible. It is conveniently situated on a heavily traveled, hard-corner intersection, with high visibility. The intersection sees over 63,000 vehicles per day. Less than one mile away, the Interstate 290 and Interstate 355 interchange sees nearly 350,000 vehicles per day. It is also only 2.6 miles from the Itasca Metra Station. This strip is surrounded by an abundance of retailers, including Sam’s Club, Walmart Supercenter, ALDI, and situated in a highly populated area with a large workforce.

Investment Highlights

  • Regional Strip Center Located Within the Chicago MSA
  • Opportunity to Add Value by Leasing Remaining 5,325 Square Feet of Vacant Space
  • Situated on a Heavily Traveled, Hard-Corner Intersection with High Visibility | 63,600 VPD
  • Less than a Mile from the Interstate 290 and Interstate 355 Interchange | Nearly 350,000 VPD
  • 2.6 Miles from the Itasca Metra Station | MD-W Line has an Annual Ridership of 5.9 Million
  • Highly Populated Area with a Large Workforce

Exclusively Listed By

  • Sean R. Sharko

    Senior Managing Director Investments

    (630) 570-2238

    Email Sean

    License(s): IL: 471.010712

    Chicago Oak Brook

  • Austin Weisenbeck

    Senior Managing Director Investments

    (630) 570-2169

    Email Austin

    License(s): IL: 475.140200

    Chicago Oak Brook

Financing By

Shopping Strip

Hard Corner Retail Center | Chicago MSA | Long-Term Tenancy

Listing Price: $3,499,999

Cap Rate
7.78%
Gross SF
21,250
Rentable SF
21,250
Price/Gross SF
$164.71
Lot Size
1.68 acres
Year Built
1980

Investment Highlights

  • Regional Strip Center Located Within the Chicago MSA
  • Opportunity to Add Value by Leasing Remaining 5,325 Square Feet of Vacant Space
  • Situated on a Heavily Traveled, Hard-Corner Intersection with High Visibility | 63,600 VPD
  • Less than a Mile from the Interstate 290 and Interstate 355 Interchange | Nearly 350,000 VPD
  • 2.6 Miles from the Itasca Metra Station | MD-W Line has an Annual Ridership of 5.9 Million
  • Highly Populated Area with a Large Workforce

Investment Overview

Marcus & Millichap is pleased to exclusively present a retail strip located within the Chicago MSA. This retail strip is comprised of a complementary tenant mix, including many service-based tenants and restaurants. There is an opportunity to add value through leasing the remaining 5,325 square feet of vacant space. Subject property is very easily accessible. It is conveniently situated on a heavily traveled, hard-corner intersection, with high visibility. The intersection sees over 63,000 vehicles per day. Less than one mile away, the Interstate 290 and Interstate 355 interchange sees nearly 350,000 vehicles per day. It is also only 2.6 miles from the Itasca Metra Station. This strip is surrounded by an abundance of retailers, including Sam’s Club, Walmart Supercenter, ALDI, and situated in a highly populated area with a large workforce.

Exclusively Listed By

  • Sean R. Sharko

    Senior Managing Director Investments

    (630) 570-2238

    Email Sean

    License(s): IL: 471.010712

    Chicago Oak Brook

  • Austin Weisenbeck

    Senior Managing Director Investments

    (630) 570-2169

    Email Austin

    License(s): IL: 475.140200

    Chicago Oak Brook

Financing By

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