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Multi-Tenant Retail Outparcel
New
For Sale
$4,462,000

17852 S Halsted St, Homewood, IL 60430

Fully occupied by Starbucks, AT&T, and Five Guys under net leases.

Property Size7,019 SF
Lot Size0.77 Acres
Price / SF$635.70
Days on Market2

Property Features for 17852 S Halsted St

General Information

Standard status Active
Size 7,019 SF
Lot size 0.77 Acres
Property subtype Retail
Occupancy 100%

Additional Details

Traffic Count 46,900 vehicles/day

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Los Angeles - Orange County
Listed By: Eric Carlton · License #01809955
Source: Colliers
Added: Oct 12 Changed: Oct 13 Last Checked: Oct 13 at 2:13AM

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 Los Angeles - Orange County

Investment Insights

Based on property information with market context.

This 7,019-square-foot retail property has three tenants: Starbucks, AT&T, and Five Guys. The building sits on a 0.77-acre parcel and is configured as an outparcel to Washington Park Plaza, a 140,000-square-foot community center. All three tenants occupy the property under net leases, with landlord responsibilities limited to the roof and structure. The weighted average lease term exceeds 5 years. Five Guys has 10% rent increases every five years, with the next scheduled for November 2027.

The property fronts Halsted Street, where traffic is reported at 46,900 vehicles per day. It is across from The Home Depot and a Jewel-Osco shopping center, and 22 miles from downtown Chicago. Nearby retailers include Menard’s, Target, T.J. Maxx, Ross Dress for Less, Walgreens, McDonald’s, Chick-fil-A, Chipotle, Panera Bread, and others.

Key Highlights

  • Three‑tenant retail property occupied by Starbucks, AT&T, and Five Guys
  • 7,019‑square‑foot building on a 0.77‑acre parcel
  • Outparcel to Washington Park Plaza, a 140,000‑square‑foot community center

Property Analytics

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Current Use

Five Guys Restaurant Nail Expo Nail Salon

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply HVAC Service Electrical Service 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.

Lease Details

46,900 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

764
Businesses Nearby
121k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 32% Shops & Services 30% Dining 21% Apparel 18%
The Home Depot Home Improvements & Furnishings
33,757 visits/mo 0.1 miles
Delta Sonic Car Wash Shops & Services
32,282 visits/mo 0.4 miles
Burlington Apparel
21,525 visits/mo 0.2 miles
Popeyes Louisiana Kitchen Dining
16,768 visits/mo 0.5 miles
Harold's Chicken Shack Dining
8,121 visits/mo 0.3 miles

Demographics for 60430, IL

20,146
Population
7,662
Households
2.6
Avg Household Size
42
Median Age
46%
College-Educated
96%
High-School Grad
6.9 sq mi
ZIP Area
2,920
Density / Sq Mi
$91,402
Median Household Income
$48,509
Median Earnings
$1,419
Median Rent
$209,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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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Frequently Asked Questions

What type of property is this?
Retail space - Fully occupied by Starbucks, AT&T, and Five Guys under net leases.
Where is this retail space located?
The property is located at 17852 S Halsted St Homewood, IL.
What is the asking price?
The asking price for this property is $4,462,000.
What are key features of this property?
This property features: Three‑tenant retail property occupied by Starbucks, AT&T, and Five Guys; 7,019‑square‑foot building on a 0.77‑acre parcel; Outparcel to Washington Park Plaza, a 140,000‑square‑foot community center
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