For Sale
$1,906,800

379 Ave Villa Park, IL 60181

8,400 SF Strip Center, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
127
This freestanding retail center, totaling 8,400 square feet, presents a compelling owner-user, investment, or redevelopment opportunity. Situated on a 0.38-acre lot at the signalized corner of North and Villa Avenues in Villa Park, Illinois (60181), this property boasts excellent visibility and accessibility. Currently featuring three units with 52% occupancy, including one long-term tenant, the center offers significant potential. The building, constructed in 1979, is zoned C-3 and benefits from its location on North Avenue, a major east-west retail corridor with over 46,000 vehicles per day (VPD). Its proximity to Route 83 and the Union Pacific West Metra Rail Line (1.4 miles) further enhances its appeal. The property draws from a strong regional market including Villa Park, Elmhurst, Lombard, and Oak Brook. The asking price is $1,906,800, translating to $227 per square foot. This prime location and flexible use potential make this an exceptional opportunity for a discerning buyer. The property is a single-story building with excellent access at a signalized intersection. This is a value-add/redevelopment opportunity with potential for increased occupancy and rental income.

Highlights

  • Owner-user, investment, or redevelopment opportunity.
  • One tenant (nail salon) and two vacant suites.
  • High-visibility corner lot at a signalized intersection of North and Villa Avenues.
  • 1.4 miles to Union Pacific West Metra station.
  • Convenient access to I-290 via Route 83 and I-294 via North Avenue.

Property Details for 379 Ave

Property type
Neighborhood centers, Retail properties
Square Feet
8,400 SF
Year Built
1979
Buildings
1
Stories
1
Lot Size (sq. ft)
16,553 SF
Units
3

Location Insight

City
Villa Park
County
DuPage
State
Illinois
Latitude
41.905562647391
Longitude
-87.969292502054
379 Ave, Villa Park, Illinois

FAQs

What type of property is this?
Neighborhood center - 8,400 SF Strip Center, High Traffic
Where is the neighborhood center located?
The property is located at 379 Ave Villa Park, IL.
What is the asking price?
The asking price for this property is $1,906,800.
What are key features of this property?
This property features: Owner-user, investment, or redevelopment opportunity.; One tenant (nail salon) and two vacant suites.; High-visibility corner lot at a signalized intersection of North and Villa Avenues.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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379 Ave
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