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Shopping Neighborhood

Circle Center

185 & 112 E. Lake St, Bloomingdale, IL 60108

Listing Price: $4,400,000

Cap Rate
7.75%
Rentable SF
25,397
Lot Size
3.50 acres
Year Built
1978

Investment Overview


The Circle Center Plaza is a 25,397-square foot shopping center located at 191 E. Lake St (US Hwy – 20) constructed in 1978 that is situated on 2.47 acres in Bloomingdale, Illinois. Occupancy is currently Circle Center Plaza is 91.17% occupied with a great mix of neighborhood destination tenants. 8 of the 9 occupied units are on net leases, only 600 sf is on a gross lease. Over 69% of the center’s leases do not expire until 2028. Also, over 65% of the center’s tenants have been in the space since 2014. There is ample parking with over 110 spaces.

Bloomingdale Illinois is a growing city in the sought after DuPage County, Illinois outside of the City of Chicago. The property is under 10 miles from O’Hare International Airport and has a population of over 85,000 within a 3-mile radius. W. Lake St. (US Hwy -20) street is the major retail corridor of the area and has traffic counts just under 50,000 cars a day. The property sits on a lighted intersection with Starbucks and Walgreens taking two if the four corners. The property in close proximity to Medinah country club, Meacham Grove Forest Preserve, Eaglewood 4-star hotel and resort, Portillos, Caputo’s Fresh Market, and much more.

Investment Highlights

  • Major Tenants: Discount Nutrition, Individual Advocacy Group, & Cesar's Sports Bar
  • Traffic count on Lake Street are Just under 50,000 cars a day
  • Located in flood zone but new water reclamation district retention pond nearby
  • Over 65% of the center's tenants have been in the space since 2014
  • Population is over 85,000 in a 3 mile radius

Exclusively Listed By

  • David B. Tarnoff

    Senior Vice President Investments

    (312) 624-7017

    Email David

    License(s): IL: 471.009921, WI: 50698-94, IN: RB14050851

    Chicago Downtown

  • Patrick Suffield

    Senior Associate

    (312) 327-5419

    Email Patrick

    License(s): IL: 475.179485, MI: 6501424960, WI: 98170-94

    Chicago Downtown

Shopping Neighborhood

Circle Center

Listing Price: $4,400,000

Cap Rate
7.75%
Rentable SF
25,397
Lot Size
3.50 acres
Year Built
1978

Investment Highlights

  • Major Tenants: Discount Nutrition, Individual Advocacy Group, & Cesar's Sports Bar
  • Traffic count on Lake Street are Just under 50,000 cars a day
  • Located in flood zone but new water reclamation district retention pond nearby
  • Over 65% of the center's tenants have been in the space since 2014
  • Population is over 85,000 in a 3 mile radius

Investment Overview

The Circle Center Plaza is a 25,397-square foot shopping center located at 191 E. Lake St (US Hwy – 20) constructed in 1978 that is situated on 2.47 acres in Bloomingdale, Illinois. Occupancy is currently Circle Center Plaza is 91.17% occupied with a great mix of neighborhood destination tenants. 8 of the 9 occupied units are on net leases, only 600 sf is on a gross lease. Over 69% of the center’s leases do not expire until 2028. Also, over 65% of the center’s tenants have been in the space since 2014. There is ample parking with over 110 spaces. Bloomingdale Illinois is a growing city in the sought after DuPage County, Illinois outside of the City of Chicago. The property is under 10 miles from O’Hare International Airport and has a population of over 85,000 within a 3-mile radius. W. Lake St. (US Hwy -20) street is the major retail corridor of the area and has traffic counts just under 50,000 cars a day. The property sits on a lighted intersection with Starbucks and Walgreens taking two if the four corners. The property in close proximity to Medinah country club, Meacham Grove Forest Preserve, Eaglewood 4-star hotel and resort, Portillos, Caputo’s Fresh Market, and much more.

Exclusively Listed By

  • David B. Tarnoff

    Senior Vice President Investments

    (312) 624-7017

    Email David

    License(s): IL: 471.009921, WI: 50698-94, IN: RB14050851

    Chicago Downtown

  • Patrick Suffield

    Senior Associate

    (312) 327-5419

    Email Patrick

    License(s): IL: 475.179485, MI: 6501424960, WI: 98170-94

    Chicago Downtown

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