Net-Leased Retail Shopping
For Sale
Contact for pricing
Pending
1717 22nd St, Oak Brook, IL 60523
New-construction net leased shopping center with freestanding single-tenant and multi-tenant retail strips in Oak Brook.
Lot Size8.60 Acres
Days on Market111
Property Features for 1717 22nd St
General Information
Standard status
Pending
Lot size
8.60 Acres
Property subtype
Retail
Listing Agency:
JLL Chicago | Americas Headquarters
(312) 782-5800
Listed By:
Mohsin Mirza · License #IL 475.189943
Source:
Crexi
Added: Apr 11
Changed: Jul 20
Last Checked: Jul 29 at 3:16PM
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 JLL Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
The Overlook at Oakbrook is a new-construction, net leased retail shopping center offering a mix of seven freestanding single-tenant buildings and three-to-four tenant retail strips. The project is delivered as one integrated retail development across an 8.6-acre site and is designed around a complementary tenant mix spanning restaurant, educational, medical, and services uses.
The property is located directly across from Oakbrook Center in Oak Brook, Illinois. The project is also shadow-anchored by a Costco, and it is positioned as an extension to Oakbrook Center.
Per the offering materials, the center’s tenants have signed brand-new 10-to-20-year leases, resulting in a blended 13.2-year weighted average lease term (WALT) as of Q1 2023. JLL has been exclusively retained to market the opportunity; reach out to the JLL team to receive approval to access the materials.
The property is located directly across from Oakbrook Center in Oak Brook, Illinois. The project is also shadow-anchored by a Costco, and it is positioned as an extension to Oakbrook Center.
Per the offering materials, the center’s tenants have signed brand-new 10-to-20-year leases, resulting in a blended 13.2-year weighted average lease term (WALT) as of Q1 2023. JLL has been exclusively retained to market the opportunity; reach out to the JLL team to receive approval to access the materials.
Key Highlights
- New‑construction net leased retail shopping center across the street from Oakbrook Center (#1 mall in Illinois, 16.2M annual visitors).
- One development with seven freestanding single‑tenant assets plus three‑to‑four tenant retail strips across an 8.6‑acre project.
- Tenants signed brand new 10‑to‑20‑year leases, with a blended 13.2‑year WALT as of Q1 2023.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,235
Businesses Nearby
431k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 41%
Dining 25%
Home Improvements & Furnishings 23%
Shops & Services 10%
Nordstrom Rack
Apparel
71,452 visits/mo
0.3 miles
T.J. Maxx
Apparel
59,192 visits/mo
0.4 miles
World Market
Home Improvements & Furnishings
48,716 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
45,831 visits/mo
0.2 miles
Old Navy
Apparel
33,100 visits/mo
0.5 miles
Demographics for 60523, IL
10,347
Population
4,601
Households
2.2
Avg Household Size
57
Median Age
64%
College-Educated
97%
High-School Grad
9.0 sq mi
ZIP Area
1,150
Density / Sq Mi
$114,418
Median Household Income
$85,172
Median Earnings
$776
Median Rent
$733,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Shops At Oak Brook — 2155 W 22nd St, Oak Brook, IL 60523
- Sunglass Hut at Macy's — 1 Oakbrook Center, Oak Brook, IL 60523
- Sunglass Hut — 61 Oakbrook Center #61, Oak Brook, IL 60523
- The Overlook At Oak Brook — 1745 W 22nd St, Oak Brook, IL 60523
- Oakbrook PCC Stop — 433 Oakbrook Center, Oak Brook, IL 60523
Frequently Asked Questions
What type of property is this?
Shopping center - New-construction net leased shopping center with freestanding single-tenant and multi-tenant retail strips in Oak Brook.
Where is this shopping center located?
The property is located at 1717 22nd St Oak Brook, IL.
What are key features of this property?
This property features: New‑construction net leased retail shopping center across the street from Oakbrook Center (#1 mall in Illinois, 16.2M annual visitors).; One development with seven freestanding single‑tenant assets plus three‑to‑four tenant retail strips across an 8.6‑acre project.; Tenants signed brand new 10‑to‑20‑year leases, with a blended 13.2‑year WALT as of Q1 2023.
