Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/3153/ Marcus & Millichap is pleased to present the opportunity to acquire a freestanding, multi-tenant retail building located within the Northland Plaza Shopping Center at 2428 Sycamore Road, Dekalb, Illinois (the “Property”). Currently 17% occupied (one tenant - Heartland Blood Centers), this is an exceptional opportunity for investors to acquire a highly visible, strategically positioned asset in one of Greater Chicago’s most desirable retail corridors. The Property is comprised of a 9,324 SF single-story building, situated on a 1.012-acre parcel. The building offers three retail spaces, with Heartland Blood Centers occupying 1,569 SF (16.83% of GLA) and the balance currently vacant. Heartland Blood Centers has occupied the space since 2005 and recently extended their lease through February 29, 2028. The Property sits in a proven retail corridor with strong customer traffic and established co-tenancy synergies. The Property is zoned “PD-C” Planned Development - Commercial, allowing a broad mix of retail, service, and commercial uses, offering flexibility for both investors and potential owner-users. DeKalb is a Northern Illinois retail submarket in the greater Chicago MSA anchored by the year-round demand of Northern Illinois University (NIU). NIU’s enrollment has been trending upward, helping support steady spend across quick-service, convenience, and daily-needs categories. Retail activity is concentrated along established commercial corridors like Sycamore Road (IL-23) with national big-box anchors that reinforce the area’s role as a primary shopping node for DeKalb and surrounding communities. The Property is located in an area that serves 66,690 individuals with an average household income (AHHI) of $76,896 within a 5-mile radius supporting continued demand for medical, office, and retail services.