17800 Halsted StHomewood, IL 60430

Property Details for 17800 Halsted St

Year built

1976

Lot size

9.05 AC

Property type

Community centers

APN

29-32-200-095

APU

2932200095

Description

This exceptional power center, Washington Park Plaza, offers a prime retail opportunity in Cook County. The property boasts a total of 35,435 square feet of available space, divisible into units ranging from 1,383 to 13,211 square feet. Currently, the entire space is vacant, presenting a unique chance to establish a significant presence in a thriving retail environment. The center enjoys a best-in-class co-tenancy with established national retailers such as TJ Maxx, Ross Dress for Less, Best Buy, Old Navy, Five Below, and Petco, ensuring high foot traffic and brand synergy. Its strategic location benefits from excellent visibility and easy access, with over 37,000 vehicles passing daily and proximity to the I-80/I-294 interchange. Further enhancing its appeal, the property is less than a mile from the Wind Creek Casino & Resort, a 70,000-square-foot luxury casino featuring 1,300 slot machines, 56 table games, a large buffet, an entertainment venue, fine dining options, and a 252-room hotel, generating significant additional traffic and attracting over 2 million annual visitors. This synergistic relationship with the casino creates a powerful draw for customers, making this a truly exceptional retail investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $186,234,928

  6.5%

  $171,909,168

  7%

  $159,629,936

• Comparable approach

  Method

  Valuation

  Relative Method

  $129,394,176

  Geo Method

  $129,394,176

• Alternative Use

  Use

  Valuation

  Residential

  $145,011,808

  Hospitality

  $132,830,040

  Educational

  $110,513,040

  Medical

  $114,313,752

  Retail

  $171,909,168

Location Insight

City

Homewood

County

Cook

State

Illinois

Latitude

41.5655

Longitude

-87.6378

CBSA code

16980

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].