Unanchored Neighborhood Retail
13957-14009 S Bell Rd Homer Glen, IL 60491
For Sale
$5,165,000
Fee-simple sale of two unanchored neighborhood retail strips with eight tenants currently 100% occupied.
Property Size14,700 SF
Price / SF$351.36
Days on Market9
Property Features for 13957-14009 S Bell Rd
General Information
- Standard status
- Active
- Size
- 14,700 SF
- Property subtype
- Shopping Strip
Building Details
- Year Built
- 2006
Listing Agency:
Marcus & Millichap - Chicago Downtown
(312) 624-7006
Listed By:
Mitchell Kiven · License #License(s): IL: 475.164486
(312) 624-7006
Source:
Marcusmillichap
Added: Jul 15
Changed: Jul 23
Last Checked: Jul 23 at 2:39AM
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 Marcus & Millichap - Chicago Downtown
Investment Insights
Based on property information with market context.
This offering presents the fee simple interest in a pair of class A unanchored neighborhood strip retail properties in Homer Glen, Illinois. The center is configured as an eight-tenant neighborhood retail setup and is currently 100% occupied and stabilized, with a weighted average lease term of 4.0 years. The rent roll includes fixed rent increases between Year One and Year Two.
The properties sit as an outparcel to a larger development that includes Meijer, ALDI, and Home Depot. Shared access drives and prominent signage support convenient customer circulation, and the site is located between Bell Road and the signalized intersection at Bell and Glengary. The property is described as visible to just over 17,000 vehicles per day.
Tenant suite sizes average below 2,000 square feet, and the shallow bays are referenced as supporting an efficient configuration for neighborhood retail use. The listing describes an optimal tenant mix including food, medical, and other necessity retail.
The properties sit as an outparcel to a larger development that includes Meijer, ALDI, and Home Depot. Shared access drives and prominent signage support convenient customer circulation, and the site is located between Bell Road and the signalized intersection at Bell and Glengary. The property is described as visible to just over 17,000 vehicles per day.
Tenant suite sizes average below 2,000 square feet, and the shallow bays are referenced as supporting an efficient configuration for neighborhood retail use. The listing describes an optimal tenant mix including food, medical, and other necessity retail.
Key Highlights
- Fee‑simple sale of two unanchored neighborhood retail strips in Homer Glen, IL (Will County)
- 8‑tenant property built in 2006, currently 100% occupied and stabilized
- 4.5‑year weighted average lease term with tenant mix including food and medical/necessity retailers
Property Analytics
Location Intelligence
Current Use by Public Records
Strip malls
FAQs
What type of property is this?
Strip mall - Fee-simple sale of two unanchored neighborhood retail strips with eight tenants currently 100% occupied.
Where is this strip mall located?
The property is located at 13957-14009 S Bell Rd Homer Glen, IL.
What is the asking price?
The asking price for this property is $5,165,000.
What are key features of this property?
This property features: Fee‑simple sale of two unanchored neighborhood retail strips in Homer Glen, IL (Will County); 8‑tenant property built in 2006, currently 100% occupied and stabilized; 4.5‑year weighted average lease term with tenant mix including food and medical/necessity retailers
