Building Details

Year Built 2007

Tenancy Multi

Listing Agency: Frontline Real Estate Partners

Listed By: Matthew Tarshis · License #471022713 Show Phone

Source: Crexi

Added: Jul 21 Changed: Sep 2 Last Checked: Sep 1 at 10:13AM

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Investment Insights

Based on property information with market context.

Constructed in 2007, this multi-tenant shopping center offers a retail-focused commercial setting with a mix of national and local occupants, including Dunkin' Donuts, Perfect Smiles, Victoria's Couture, and Anetta Hair Studio. The property is 81.82% occupied, and Dunkin' Donuts has a lease extending through December, 2026.

The center fronts La Grange Road at the northeast corner of 131st Street in Palos Park. Dual-sided monument signage serves the road frontage, where traffic volume exceeds 44,000 VPD at the intersection. The property is directly across from the Jewel-Osco-anchored Shoppes at Mill Creek Center and next to Walgreens and Republic Bank. Aldi, Chase Bank, and Oberweis Dairy are also identified among neighboring retailers, while Carl Sandburg High School is located kitty-corner to the site.

Key Highlights

• 81.82% occupancy with a mix of national and local tenants
• Dunkin' Donuts lease extends through December, 2026
• 2007 construction with dual‑sided monument signage

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Law Firm Spa & Massage Center Auto Repair Shop

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

81.8%

Occupancy

Multi-tenant

Tenancy

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

284

Businesses Nearby

92k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Groceries 54% Dining 31% Shops & Services 13% Beauty & Spa 2%

Jewel-Osco Groceries

31,378 visits/mo 0.1 miles

Aldi Groceries

18,437 visits/mo 0.3 miles

Buona Dining

12,935 visits/mo 0.2 miles

Dunkin' Donuts Dining

9,245 visits/mo 0.1 miles

Chase Bank Shops & Services

9,209 visits/mo 0.3 miles

Demographics for 60464, IL

9,982

Population

4,450

Households

2.2

Avg Household Size

53

Median Age

50%

College-Educated

96%

High-School Grad

13.2 sq mi

ZIP Area

756

Density / Sq Mi

$126,220

Median Household Income

$76,141

Median Earnings

$2,058

Median Rent

$463,100

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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Similar Off Market Nearby

• Coinstar Kiosk | Bitcoin ATM — NAI, 9652 W 131st St, Palos Park, IL 60464
• Shoppes at Mill Creek Shopping Center — 131st St, Palos Park, IL 60464

Frequently Asked Questions

What type of property is this?

Shopping center - Multi-tenant retail center with national and local occupants along a heavily traveled commercial corridor.

Where is this shopping center located?

The property is located at 13029-13039 S LA Grange Road Palos Park, IL.

What are key features of this property?

This property features: 81.82% occupancy with a mix of national and local tenants; Dunkin' Donuts lease extends through December, 2026; 2007 construction with dual‑sided monument signage