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Retail Shopping Center Near Jewel-Osco
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214-324 E Geneva, Wheaton, IL 60187

Retail shopping center 92% occupied adjacent to Jewel-Osco, with tenants including Office Depot and Dollar Tree.

Property Size116,759 SF
Days on Market147

Property Features for 214-324 E Geneva

General Information

Standard status Active
Size 116,759 SF
Property subtype Retail
Occupancy 92%

Additional Details

Cap Rate 8.2%
Listing Agency: Millennium Properties R/E
Listed By: Daniel Hyman · License #IL 471.013658x
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 10:50AM

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 Millennium Properties R/E

Investment Insights

Based on property information with market context.

Adjacent to the Jewel-Osco, Main Street Plaza is a 116,759 square foot retail center with an established tenant base. The property is currently 92.0% occupied, with many tenants operating at below-market rents. The center’s tenant mix includes a combination of local and national brands, such as Office Depot, Dollar Tree, Bounce Around, and Brickhaus Fitness, among others.

Located near the corner of Main and Geneva, Main Street Plaza is part of a broader retail corridor that includes well-known local and national retailers such as Jewel and Home Depot. The location is described as convenient for residents of Wheaton, Carol Stream, and surrounding communities.

With strong net income in place, the property also offers the opportunity to add value through potential rental rate increases.

Key Highlights

  • 116,759 SF retail shopping center adjacent to Jewel‑Osco
  • 92.0% occupied retail center with tenant base including Office Depot and Dollar Tree
  • Tenant mix includes local and national brands such as Bounce Around and Brickhaus Fitness

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Auto Parts Store Restaurant Hotel & Motel Big Box & Wholesale Store Spa & Massage Center

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

92%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,128
Businesses Nearby
307k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 28% Shops & Services 27% Groceries 26% Home Improvements & Furnishings 14%
Jewel-Osco Groceries
52,779 visits/mo 0.1 miles
The Home Depot Home Improvements & Furnishings
37,496 visits/mo 0.1 miles
McDonald's Dining
26,321 visits/mo 0.4 miles
Aldi Groceries
26,228 visits/mo 0.5 miles
Shell Shops & Services
16,842 visits/mo 0.2 miles

Demographics for 60187, IL

30,059
Population
10,619
Households
2.8
Avg Household Size
37
Median Age
62%
College-Educated
95%
High-School Grad
6.6 sq mi
ZIP Area
4,554
Density / Sq Mi
$119,048
Median Household Income
$49,625
Median Earnings
$1,744
Median Rent
$432,200
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
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail shopping center 92% occupied adjacent to Jewel-Osco, with tenants including Office Depot and Dollar Tree.
Where is this shopping center located?
The property is located at 214-324 E Geneva Wheaton, IL.
What are key features of this property?
This property features: 116,759 SF retail shopping center adjacent to Jewel‑Osco; 92.0% occupied retail center with tenant base including Office Depot and Dollar Tree; Tenant mix includes local and national brands such as Bounce Around and Brickhaus Fitness
(312) 338-3000 Call to check price and availability
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