1515 Lee StDes Plaines, IL 60018

Property Details for 1515 Lee St

Property size (Sq ft)

137,880 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

The Oaks Shopping Center presents a compelling investment opportunity in Cook County. This established 137,880 square foot shopping center boasts a prime location within a densely populated area, experiencing high traffic counts exceeding 45,000 vehicles per day. The center features a diverse mix of 27 suites, currently offering 10 available spaces ranging from 1,165 to 5,750 square feet. A significant 20,140 square feet of vacant space provides immediate potential for expansion or new tenant acquisition. The center benefits from strong daily traffic generation, anchored by a grocery store and fitness center, attracting a consistent flow of customers. Its strategic location near numerous national retail chains further solidifies its position as a key retail destination. This is an exceptional opportunity to acquire a well-established shopping center in a high-traffic, densely populated area with significant potential for growth and return on investment. The property's size and established tenant base make it an attractive option for both individual investors and larger portfolio holders seeking a stable and profitable retail investment. The available spaces offer flexibility for a variety of retail uses, catering to a wide range of potential tenants.

Location Insight

City

Des Plaines

County

Cook

State

Illinois

Latitude

42.0244

Longitude

-87.8918

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