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Multi-Tenant Retail & Office Center
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Pending

3235 - 3347 VOLLMER ROAD, Flossmoor, IL 60422

Multi-tenant retail and office buildings with on-site parking and established tenants, totaling 57.5% combined occupancy.

Property Size89,745 SF
Days on Market111

Property Features for 3235 - 3347 VOLLMER ROAD

General Information

Standard status Pending
Size 89,745 SF
Property subtype Retail
Occupancy 58%

Site & Location

Traffic Count 30,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Frontline Real Estate Partners
Listed By: Matthew Tarshis · License #IL 481011744
Source: Crexi
Added: Apr 11 Changed: Jul 22 Last Checked: Jul 29 at 8:01AM

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 Frontline Real Estate Partners

Investment Insights

Based on property information with market context.

Flossmoor Commons Retail Shopping Center and Professional Building offers a combined retail and office setup with two multi-tenant buildings. The retail component is described as a 51,191-square-foot multi-tenant retail building, while the professional building is described as a 38,554-square-foot multi-tenant office/retail building. Reported occupancy is 73% leased for the retail center and 37% leased for the professional building, with a combined occupancy rate of 57.5%.

The property is located along Vollmer Road in Flossmoor, spanning the block between Governors Highway and Kedzie Avenue, and includes on-site parking totaling over 300 spaces. The listing cites visibility and exposure to over 30,000 VPD along Vollmer Road and notes proximity to Interstate 57 and Interstate 80, both within a few miles. Tenants listed include First Merchants Bank, Kluger Furs, Lou Malnati’s Pizzeria, Glow Salon & Spa, Subway, and Kingsberry Waffle House, along with additional retailers and office tenants including L&L Veterinary Clinic and Sunrise Health Foods.

The seller reports combined net operating income (NOI) of approximately $279,000, reflecting current cash flow tied to existing occupancy.

Key Highlights

  • 51,191 SF multi‑tenant retail building plus a 38,554 SF multi‑tenant office/retail building along Vollmer Road
  • Combined occupancy of 57.5% with approx. $279,000 Net Operating Income (NOI)
  • Retail portion is 73% leased and professional building is 37% leased

Property Analytics

Current Use

Brown Daniel J ... Dental Office Thomas M Joyce ... Dental Office Dr. John A. Grund, ... Dental Office Kersten Nancy Dental Office Nijhawan Anila Physician

Suggested Use

Top Pick Auto Parts Store HVAC Service Plumbing Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

30,000 VPD
Traffic count
57.5%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,078
Businesses Nearby
Balanced
Demand for This Use

Demographics for 60422, IL

9,927
Population
3,894
Households
2.5
Avg Household Size
45
Median Age
67%
College-Educated
99%
High-School Grad
4.0 sq mi
ZIP Area
2,482
Density / Sq Mi
$134,728
Median Household Income
$80,123
Median Earnings
$2,191
Median Rent
$304,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • Flossmoor Commons Shopping Mall — 3235-3345 Vollmer Rd, Flossmoor, IL 60422
  • Glow Salon & Spa — 3319 vollmer rd, flossmoor, il 60422

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail and office buildings with on-site parking and established tenants, totaling 57.5% combined occupancy.
Where is this shopping center located?
The property is located at 3235 - 3347 VOLLMER ROAD Flossmoor, IL.
What are key features of this property?
This property features: 51,191 SF multi‑tenant retail building plus a 38,554 SF multi‑tenant office/retail building along Vollmer Road; Combined occupancy of 57.5% with approx. $279,000 Net Operating Income (NOI); Retail portion is 73% leased and professional building is 37% leased
(847) 780-8062 Call to check price and availability
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