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Retail Investment Property
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4311 N Harlem Ave, Norridge, IL 60706

Retail property offered for sale with a stated 6.00% cap rate and 3,185 SF.

Property Size3,185 SF
Days on Market120

Property Features for 4311 N Harlem Ave

General Information

Standard status Active
Size 3,185 SF
Property subtype Retail

Additional Details

Cap Rate 6%
Listing Agency: AiCRE Partners
Listed By: Bryant Hoover · License #775999
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 10:11PM

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 AiCRE Partners

Investment Insights

Based on property information with market context.

This retail property is being offered for sale at a stated 6.00% cap rate, with 3,185 SF of retail space.

The property is located at 4311 N Harlem Ave in Norridge, IL 60706.

This listing presents a straightforward retail asset configuration for buyers evaluating income-producing commercial property.

Key Highlights

  • Retail property for sale with stated 6.00% cap rate
  • Building size: 3,185 SF

Property Analytics

Current Use

Mattress Firm Norridge Furniture & Home Goods

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Parking Lot & Garage Skin Care Clinic Acupuncture Florist

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

Location Intelligence

Trade Area within ½ mile

1,195
Businesses Nearby
157k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 44% Shops & Services 35% Dining 12% Office Supplies 6%
Burlington Apparel
64,031 visits/mo 0.5 miles
Michaels Shops & Services
37,661 visits/mo 0.2 miles
Petco Shops & Services
16,732 visits/mo 0.2 miles
Staples Office Supplies
9,486 visits/mo 0.2 miles
Domino's Pizza Dining
7,675 visits/mo 0.5 miles

Demographics for 60706, IL

24,327
Population
9,720
Households
2.5
Avg Household Size
45
Median Age
30%
College-Educated
87%
High-School Grad
3.1 sq mi
ZIP Area
7,847
Density / Sq Mi
$85,000
Median Household Income
$48,602
Median Earnings
$1,242
Median Rent
$347,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property offered for sale with a stated 6.00% cap rate and 3,185 SF.
Where is this retail space located?
The property is located at 4311 N Harlem Ave Norridge, IL.
What are key features of this property?
This property features: Retail property for sale with stated 6.00% cap rate; Building size: 3,185 SF
More about this property
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