Listing Agency: Faris Lee Investments c***@farislee.com Show Phone

Listed By: Christopher DePierro · License #01158321 Show Phone

Source: Moodyscre

Added: Jul 25, 2024 Changed: Jul 10 Last Checked: Jul 10 at 11:47AM

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Investment Insights

Based on property information with market context.

This multi-tenant retail building is anchored by major retailers Harbor Freight and Dollar Tree. The property encompasses 24,696 square feet.

Key Highlights

• Multi‑tenant retail building
• Features Harbor Freight as a major tenant
• Features Dollar Tree as a major tenant

Property Analytics

Property Profile

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Restaurant Spa & Massage Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

648

Businesses Nearby

88k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Groceries 67% Shops & Services 33%

Tony's Fresh Market Groceries

59,323 visits/mo 0.5 miles

BP Shops & Services

11,268 visits/mo 0.1 miles

AutoZone Shops & Services

10,470 visits/mo 0.5 miles

EZPAWN Shops & Services

2,923 visits/mo 0.3 miles

Exxon Shops & Services

2,355 visits/mo 0.4 miles

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Shopping center - Multi-tenant retail building featuring Harbor Freight and Dollar Tree.

Where is this shopping center located?

The property is located at 1557-1559 Irving Park Rd Hanover Park, IL.

What is the asking price?

The asking price for this property is $3,481,000.

What are key features of this property?

This property features: Multi‑tenant retail building; Features Harbor Freight as a major tenant; Features Dollar Tree as a major tenant