High-Visibility Retail Development
127 W Lake St, Bloomingdale, IL 60108
For Sale
Contact for pricing
Multi-parcel retail site with approximately 400 feet of Lake Street frontage and an existing 1,100 SF structure.
Property Size1,100 SF
Lot Size1.25 Acres
Price / SF$200
Days on Market147
Property Features for 127 W Lake St
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Investment Type
Additional Details
Traffic Count
Listing Agency:
Coldwell Banker Commercial Realty
Listed By:
Anthony Catanese · License #TX
Source:
Crexi
Added: Jun 16
Changed: Nov 7
Last Checked: Nov 8 at 9:09AM
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 Coldwell Banker Commercial Realty
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Investment Insights
Based on property information with market context.
For sale is a high-visibility retail development site comprising three contiguous parcels with approximately 400 feet of frontage on Lake Street in Bloomingdale, Illinois. The property includes an existing 1,100 SF structure that may support rapid tenant occupancy, along with the flexibility of a 1.25-acre site for redevelopment or immediate use.
Located along one of DuPage County’s busiest corridors, the offering benefits from exposure to traffic exceeding 90,000 vehicles per day. Multiple points of ingress and egress are provided from both eastbound and westbound Lake Street, supporting efficient access and circulation.
According to the provided zoning information, the site accommodates a wide range of commercial applications, including retail, dining, medical, and service-oriented businesses. Additional signage opportunities may support visibility for prospective tenants or future development.
Located along one of DuPage County’s busiest corridors, the offering benefits from exposure to traffic exceeding 90,000 vehicles per day. Multiple points of ingress and egress are provided from both eastbound and westbound Lake Street, supporting efficient access and circulation.
According to the provided zoning information, the site accommodates a wide range of commercial applications, including retail, dining, medical, and service-oriented businesses. Additional signage opportunities may support visibility for prospective tenants or future development.
Key Highlights
- Approximately 400 ft of Lake Street frontage across three contiguous parcels on a high‑traffic corridor
- Traffic counts exceeding 90,000 vehicles per day per provided remarks
- 1.25‑acre site with an existing 1,100 SF structure for immediate tenant occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,472
Cap Rate
7.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,440
$309.4K
Cap Rate 7%
$221,029
$221.0K
Cap Rate 9%
$171,911
$171.9K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$24.2K $21.96/SF
− Vacancy
−$2.1K −$1.87/SF
EGI
$22.1K $20.09/SF
− OpEx
−$6.6K −$6.03/SF
NOI
$15.5K $14.07/SF
Area
DuPage County, IL
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,440
Cap Rate 7%
$221,029
Cap Rate 9%
$171,911
Alternative Uses
Best Use
Retail
$221.0K
$193.4K – $257.9K
NOI $15,472 @ 7.0% cap · market cap 7.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$299.9K
$262.5K – $349.9K
NOI $20,996 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
90,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,073
Businesses Nearby
77k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 74%
Shops & Services 23%
Beauty & Spa 3%
Portillo's
Dining
33,557 visits/mo
0.4 miles
McDonald's
Dining
21,458 visits/mo
0.2 miles
Dollar Tree
Shops & Services
10,570 visits/mo
0.4 miles
Hallmark
Shops & Services
3,817 visits/mo
0.5 miles
Mobil
Shops & Services
3,380 visits/mo
0.2 miles
Demographics for 60108, IL
23,070
Population
9,625
Households
2.4
Avg Household Size
45
Median Age
42%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
3,118
Density / Sq Mi
$99,868
Median Household Income
$58,317
Median Earnings
$1,607
Median Rent
$367,400
Median Home Value
Check the figures for this property
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Market
Properties on Market for Commercial land in DuPage County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Commercial land - Multi-parcel retail site with approximately 400 feet of Lake Street frontage and an existing 1,100 SF structure.
Where is this commercial land located?
The property is located at 127 W Lake St Bloomingdale, IL.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Approximately 400 ft of Lake Street frontage across three contiguous parcels on a high‑traffic corridor; Traffic counts exceeding 90,000 vehicles per day per provided remarks; 1.25‑acre site with an existing 1,100 SF structure for immediate tenant occupancy
