High-Visibility Retail Development
127 W Lake St Bloomingdale, IL 60108
127 W Lake St, Bloomingdale, IL, 60108
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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 Market38
Property Features for 127 W Lake St
General Information
- Standard status
- Active
- Size
- 1,100 SF
- Lot size
- 1.25 Acres
- Property subtype
- Land
Listing agency
Coldwell Banker Commercial Realty
Listed by
Anthony Catanese · License #TX
Source
Crexi
Added: Jun 16 Updated: Jul 22 at 10:05PM Checked: Jul 22 at 10:05PM
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
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
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.8k | $21.60 |
| − Vacancy | −$1.9k | −$1.77 |
| EGI | $21.8k | $19.83 |
| − OpEx | −$6.5k | −$5.95 |
| NOI | $15.3k | $13.88 |
1,100 SF · lease $21.60/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$218.1K
$190.9K – $254.5K
NOI $15,268 @ 7.0% cap · market cap 6.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$379.8K
$332.3K – $443.1K
NOI $26,585 @ 7.0% cap · market cap 12.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
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
