Freestanding Retail
For Sale
Contact for pricing
Pending
372 Hazel Ave, Glencoe, IL 60022
Freestanding retail building on Hazel Ave, previously divided into two equal spaces and currently leased.
Days on Market111
Property Features for 372 Hazel Ave
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
@properties Commercial Chicago
Listed By:
Michael Richwine · License #IL
Source:
Crexi
Added: Apr 12
Changed: Jul 22
Last Checked: Jul 30 at 3:29PM
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 @properties Commercial Chicago
Investment Insights
Based on property information with market context.
This freestanding retail building has been upgraded with more than $200,000 in improvements over the last few years. The property has previously been divided into two equal spaces, providing a layout that can support flexible tenant configuration. It is currently leased on a non-arms-length below-market lease through 2024 to North Shore Exchange.
The building is located on Hazel Ave, described in the remarks as the southern edge of Glencoe, where vacancies for this type of asset are uncommon.
For buyers looking at an income-producing retail asset, this property offers a maintained exterior and interior upgrades, along with a history of being subdivided for two comparable spaces.
The building is located on Hazel Ave, described in the remarks as the southern edge of Glencoe, where vacancies for this type of asset are uncommon.
For buyers looking at an income-producing retail asset, this property offers a maintained exterior and interior upgrades, along with a history of being subdivided for two comparable spaces.
Key Highlights
- Freestanding retail building on Hazel Ave in Glencoe
- Previously divided into two equal spaces
- Upgraded with over $200,000 in improvements within the last few years
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
614
Businesses Nearby
18k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 66%
Dining 34%
Starbucks
Dining
6,347 visits/mo
0.2 miles
Mobil
Shops & Services
4,458 visits/mo
0.1 miles
BMO Harris Bank
Shops & Services
4,105 visits/mo
0.1 miles
Chase Bank
Shops & Services
3,575 visits/mo
0.1 miles
Demographics for 60022, IL
8,482
Population
3,168
Households
2.7
Avg Household Size
43
Median Age
88%
College-Educated
100%
High-School Grad
3.8 sq mi
ZIP Area
2,232
Density / Sq Mi
$250,001
Median Household Income
$113,913
Median Earnings
$2,097
Median Rent
$1,345,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Freestanding retail building on Hazel Ave, previously divided into two equal spaces and currently leased.
Where is this retail space located?
The property is located at 372 Hazel Ave Glencoe, IL.
What are key features of this property?
This property features: Freestanding retail building on Hazel Ave in Glencoe; Previously divided into two equal spaces; Upgraded with over $200,000 in improvements within the last few years
