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Versatile Commercial Property in Lindenhurst

625 N Bridgeport Ter, Lindenhurst, IL 60046

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For Sale

$1,520,000

Adaptable commercial space with retail, restaurant, office, and special use potential.

Property size:

6,500 SF

Price / SF:

$233/SF

We can help!

Contact an agent

Shamar Brossard

Real Estate License ID: IL475184772

HighLights

Expansive 6,500 SF main room with 14' clear height, ideal for diverse uses.
Includes a 1,000 SF warehouse with a 10' overhead drive‑in door and triple basin.
Large parking lot with 36 vehicle capacity and 86 feet of frontage.
Adaptable layout suitable for retail, restaurant (with gaming), brewery/distillery, or creative/medical offices.
Potential for special use projects and innovative concepts.
Village grants available for permanent improvements.

Learn more

For Sale

$1,520,000

Adaptable commercial space with retail, restaurant, office, and special use potential.

Property size:

6,500 SF

Price / SF:

$233/SF

Added:: Oct 30, 2024
Days on Market:: 615
Last Refresh:: Jun 29 at 3:29 am

Property Features for 625 N Bridgeport Ter

General Information

Standard status: Active
Size: 6,500 SF

We can help!

Contact an agent

Shamar Brossard

Listing office Compass

Listing date Oct 30, 2024

Source Exprealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Compass

HighLights

Expansive 6,500 SF main room with 14' clear height, ideal for diverse uses.
Includes a 1,000 SF warehouse with a 10' overhead drive‑in door and triple basin.
Large parking lot with 36 vehicle capacity and 86 feet of frontage.
Adaptable layout suitable for retail, restaurant (with gaming), brewery/distillery, or creative/medical offices.
Potential for special use projects and innovative concepts.
Village grants available for permanent improvements.

Overview

Located in Lindenhurst, IL, the property at 625 Bridgeport Terrace presents a versatile opportunity for entrepreneurs and investors. Currently used for retail, the property includes an expansive main room spanning over 6,500 square feet with a 14-foot clear height. It connects to a 1,000 square foot warehouse, which features a 10-foot overhead drive-in door and a triple basin. The property benefits from 86 feet of frontage and a parking lot that accommodates 36 vehicles. The space could be transformed into a full-service restaurant, potentially with gaming facilities, or a brewery or distillery. The layout is also adaptable for creative or medical offices. The property holds potential for special use projects. The village offers grants for permanent improvements. The location offers accessibility and visibility.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$163.8k	$25.20
− Vacancy	−$4.3k	−$0.66
EGI	$159.5k	$24.54
− OpEx	−$39.9k	−$6.14
NOI	$119.7k	$18.41

6,500 SF · lease $25.20/SF/yr · vacancy 2.60% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$1.71M

$1.50M – $1.99M (±1% cap)

NOI $119,656 @ 7.0% cap · market cap 7.87%

Second Best

Office B

$1.28M

$1.12M – $1.49M (±1% cap)

NOI $89,624 @ 7.0% cap · market cap 5.90%

Theoretical Best

Office A

$2.24M

$1.96M – $2.62M (±1% cap)

NOI $157,091 @ 7.0% cap · market cap 10.33%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Retail space

Map

City: Lindenhurst
County: Lake
State: Illinois
Longitude: -88.0615
Latitude: 42.4132

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Versatile Commercial Property in Lindenhurst

Expansive property with retail space, warehouse, and development potential.

625 N Bridgeport Terrace, Lindenhurst, IL 60046

View Details

For sale
Warehouses
IL
Lindenhurst
60046
625 N Bridgeport Ter

What type of property is this?

Warehouse - Adaptable commercial space with retail, restaurant, office, and special use potential.

Where is this warehouse located?

The property is located at 625 N Bridgeport Ter Lindenhurst, IL.

What is the asking price?

The asking price for this property is $1,520,000.

What are key features of this property?

This property features: Expansive 6,500 SF main room with 14' clear height, ideal for diverse uses.; Includes a 1,000 SF warehouse with a 10' overhead drive‑in door and triple basin.; Large parking lot with 36 vehicle capacity and 86 feet of frontage.