115 Irving Park RdStreamwood, IL 60107

Property Details for 115 Irving Park Rd

Year built

1984

Lot size

4.23 AC

Property type

Community centers

APN

06-26-111-010

APU

626111010

Description

This thriving 120,436 square foot neighborhood shopping center presents a unique opportunity for retailers seeking high-traffic exposure. Anchored by a high-performing Jewel Osco grocery store boasting an average of 51,700 monthly visits, this center guarantees consistent customer flow. The center features six available spaces ranging from 1,010 to 4,850 contiguous square feet, offering flexibility for various business needs. Key tenants include NAPA Auto Parts, USPS, Subway, and H&R Block, creating a diverse and complementary tenant mix. Multiple highly visible entrances ensure easy access and maximum visibility for your business. Strategically located on Irving Park Road (Route 19), this center benefits from exceptional visibility and accessibility, with a daily traffic count of 27,700 vehicles. The surrounding area is a bustling commercial hub, with approximately 1,944 businesses within a three-mile radius, including major corporate offices for Target and Walmart, indicating a strong and established consumer base. This prime location offers unparalleled potential for growth and success. The center's strong anchor tenant and diverse tenant mix, combined with its high-traffic location, make it an ideal investment for discerning retailers. Contact us today to learn more about the available spaces and secure your place in this thriving retail center.

• CAP approach

  CAP return

  Valuation

  6%

  $48,907,120

  6.5%

  $45,145,032

  7%

  $41,920,388

• Comparable approach

  Method

  Valuation

  Relative Method

  $47,140,532

  Geo Method

  $60,479,332

• Alternative Use

  Use

  Valuation

  Residential

  $38,081,524

  Hospitality

  $34,882,472

  Educational

  $29,021,808

  Medical

  $30,019,912

  Retail

  $45,145,032

Location Insight

City

Streamwood

County

Cook

State

Illinois

Latitude

42.0118

Longitude

-88.1792

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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