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Retail Center Near Busy Intersection
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1500 Lee St, Des Plaines, IL 60018

Jewel-anchored retail center with excellent visibility in a strong retail area.

Space Size2,400 SF - 8,980 SF
Days on Market732

Property Features for 1500 Lee St

General Information

Standard status Active
Size 2,400 SF - 8,980 SF
Property subtype Retail

Building Details

Tenancy Multiple

Spaces For Lease

at 1500 Lee St Contact us

Space 1462

Size
2,400 SF
Type
Retail
Availability
Active
Contact us

Space 1470

Size
8,980 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Edgemark Commercial Real Estate Services
Listed By: Matt Smetana · License #IL 471006682
Source: Crexi
Added: Sep 4, 2024 Changed: Aug 25 Last Checked: Sep 2 at 2:16AM

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 Edgemark Commercial Real Estate Services

Investment Insights

Based on property information with market context.

This Jewel-anchored retail center is situated just north of the intersection of Lee Street and Oakton Street, offering excellent visibility. The property is located in the heart of the Oakton/Mannheim/Lee retail district, a destination with numerous national retailers. The surrounding neighborhood exhibits strong demographics.

Key Highlights

  • Excellent visibility due to location just north of the busy intersection of Lee Street and Oakton Street.
  • Located in the heart of the Oakton/Mannheim/Lee retail district.
  • Anchored center, suggesting established tenant base and customer traffic.

Property Analytics

Current Use

ATM Atm higi Medical Clinic Redbox Cinema Jewel-Osco Deli Food Market FedEx OnSite Postal Service

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon Parking Lot & Garage

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

728
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60018, IL

30,051
Population
10,350
Households
2.9
Avg Household Size
40
Median Age
26%
College-Educated
82%
High-School Grad
16.6 sq mi
ZIP Area
1,810
Density / Sq Mi
$85,415
Median Household Income
$40,194
Median Earnings
$1,174
Median Rent
$302,400
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Shopping center - Jewel-anchored retail center with excellent visibility in a strong retail area.
Where is this shopping center located?
The property is located at 1500 Lee St Des Plaines, IL.
What are key features of this property?
This property features: Excellent visibility due to location just north of the busy intersection of Lee Street and Oakton Street.; Located in the heart of the Oakton/Mannheim/Lee retail district.; Anchored center, suggesting established tenant base and customer traffic.
More about this property
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