Retail Building with
For Sale
Contact for pricing
151 E Irving Park Rd, Streamwood, IL 60107
Standalone retail building with approximately 4,829 SF on about 0.8 acres, supported by an estimated 24,600 traffic count.
Property Size4,829 SF
Price / SF$181.20
Days on Market563
Property Features for 151 E Irving Park Rd
General Information
Standard status
Active
Size
4,829 SF
Property subtype
RETAIL
Listing Agency:
CBRE | Chicago
(312) 861-7851
Listed By:
Peter Graham
Source:
Moodyscre
Added: Jan 13, 2025
Changed: Jul 28
Last Checked: Jul 30 at 7:35AM
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 CBRE | Chicago
Investment Insights
Based on property information with market context.
This for-sale retail building offers approximately 4,829 SF of space on about 0.8 acres, providing a straightforward footprint for a variety of retail uses. The property is identified by pin number 06-26-111-014.
An estimated traffic count of 24,600 supports the site’s retail visibility, and the listing includes 2023 taxes payable in 2024 of $103,977.05.
The offering is positioned as a complete retail building package, with the available land providing room for on-site needs associated with retail operations.
An estimated traffic count of 24,600 supports the site’s retail visibility, and the listing includes 2023 taxes payable in 2024 of $103,977.05.
The offering is positioned as a complete retail building package, with the available land providing room for on-site needs associated with retail operations.
Key Highlights
- Standalone retail building with approximately 4,829 SF
- About 0.8 acres of land included
- Traffic count of approximately 24,600
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $104.3k | $21.60 |
| − Vacancy | −$8.6k | −$1.77 |
| EGI | $95.8k | $19.83 |
| − OpEx | −$28.7k | −$5.95 |
| NOI | $67.0k | $13.88 |
4,829 SF · lease $21.60/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$957.5K
$837.8K – $1.12M
NOI $67,027 @ 7.0% cap · market cap 7.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $116,706 @ 7.0% cap · market cap 13.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
102k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 38%
Dining 36%
Shops & Services 25%
Jewel-Osco
Groceries
38,779 visits/mo
0.2 miles
McDonald's
Dining
23,573 visits/mo
0.3 miles
7-Eleven
Shops & Services
11,633 visits/mo
0.2 miles
Burger King
Dining
9,767 visits/mo
0.1 miles
Pet Supplies Plus
Shops & Services
6,233 visits/mo
0.1 miles
Demographics for 60107, IL
39,535
Population
13,476
Households
2.9
Avg Household Size
39
Median Age
29%
College-Educated
87%
High-School Grad
7.7 sq mi
ZIP Area
5,134
Density / Sq Mi
$101,017
Median Household Income
$45,032
Median Earnings
$1,849
Median Rent
$258,300
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 - Standalone retail building with approximately 4,829 SF on about 0.8 acres, supported by an estimated 24,600 traffic count.
Where is this retail space located?
The property is located at 151 E Irving Park Rd Streamwood, IL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Standalone retail building with approximately 4,829 SF; About 0.8 acres of land included; Traffic count of approximately 24,600
