Net-Leased Retail Shopping
For Sale
Contact for pricing
Pending
1717 22nd St, Oak Brook, IL 60523
New-construction net leased shopping center with freestanding single-tenant and multi-tenant retail strips in Oak Brook.
Property SizeContact for details
Lot Size8.60 Acres
Days on Market148
Property Features for 1717 22nd St
General Information
Standard status
Pending
Lot size
8.60 Acres
Property subtype
Retail
Listing Agency:
JLL Chicago | Americas Headquarters
Listed By:
Mohsin Mirza · License #IL 475.189943
(312) 782-5800
Source:
Crexi
Added: Apr 11
Changed: Aug 14
Last Checked: Sep 1 at 3:38AM
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 JLL Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
The Overlook at Oakbrook is a new-construction, net leased retail shopping center offering a mix of seven freestanding single-tenant buildings and three-to-four tenant retail strips. The project is delivered as one integrated retail development across an 8.6-acre site and is designed around a complementary tenant mix spanning restaurant, educational, medical, and services uses.
The property is located directly across from Oakbrook Center in Oak Brook, Illinois. The project is also shadow-anchored by a Costco, and it is positioned as an extension to Oakbrook Center.
Per the offering materials, the center’s tenants have signed brand-new 10-to-20-year leases, resulting in a blended 13.2-year weighted average lease term (WALT) as of Q1 2023. JLL has been exclusively retained to market the opportunity; reach out to the JLL team to receive approval to access the materials.
The property is located directly across from Oakbrook Center in Oak Brook, Illinois. The project is also shadow-anchored by a Costco, and it is positioned as an extension to Oakbrook Center.
Per the offering materials, the center’s tenants have signed brand-new 10-to-20-year leases, resulting in a blended 13.2-year weighted average lease term (WALT) as of Q1 2023. JLL has been exclusively retained to market the opportunity; reach out to the JLL team to receive approval to access the materials.
Key Highlights
- New‑construction net leased retail shopping center across the street from Oakbrook Center (#1 mall in Illinois, 16.2M annual visitors).
- One development with seven freestanding single‑tenant assets plus three‑to‑four tenant retail strips across an 8.6‑acre project.
- Tenants signed brand new 10‑to‑20‑year leases, with a blended 13.2‑year WALT as of Q1 2023.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,271
Businesses Nearby
863k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 52%
Superstores 18%
Shops & Services 11%
Dining 9%
Macy's
Apparel
214,519 visits/mo
0.5 miles
Costco Wholesale
Superstores
156,029 visits/mo
0.3 miles
Nordstrom Rack
Apparel
71,452 visits/mo
0.5 miles
Costco Gasoline
Shops & Services
66,061 visits/mo
0.1 miles
T.J. Maxx
Apparel
59,192 visits/mo
0.4 miles
Demographics for 60523, IL
10,347
Population
4,601
Households
2.2
Avg Household Size
57
Median Age
64%
College-Educated
97%
High-School Grad
9.0 sq mi
ZIP Area
1,150
Density / Sq Mi
$114,418
Median Household Income
$85,172
Median Earnings
$776
Median Rent
$733,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Shops At Oak Brook — 2155 W 22nd St, Oak Brook, IL 60523
- The Overlook At Oak Brook — 1745 W 22nd St, Oak Brook, IL 60523
- Oakbrook PCC Stop — 433 Oakbrook Center, Oak Brook, IL 60523
- Sunglass Hut at Macy's — 1 Oakbrook Center, Oak Brook, IL 60523
- Sunglass Hut — 61 Oakbrook Center #61, Oak Brook, IL 60523
Frequently Asked Questions
What type of property is this?
Shopping center - New-construction net leased shopping center with freestanding single-tenant and multi-tenant retail strips in Oak Brook.
Where is this shopping center located?
The property is located at 1717 22nd St Oak Brook, IL.
What are key features of this property?
This property features: New‑construction net leased retail shopping center across the street from Oakbrook Center (#1 mall in Illinois, 16.2M annual visitors).; One development with seven freestanding single‑tenant assets plus three‑to‑four tenant retail strips across an 8.6‑acre project.; Tenants signed brand new 10‑to‑20‑year leases, with a blended 13.2‑year WALT as of Q1 2023.
