NNN Retail
For Sale
Contact for pricing
18150 S Halsted, Homewood, IL 60430
The property is leased on a modified NNN structure with scheduled increases during the initial term and option periods.
Property SizeContact for details
Days on Market146
Property Features for 18150 S Halsted
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Traffic Count
33,200 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
Jameson Commercial Real Estate
Listed By:
Mark Jones · License #IL 475107431
(312) 751-0300
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 29 at 5:02PM
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 Jameson Commercial Real Estate
Investment Insights
Based on property information with market context.
The Roomplace occupies a retail property at 18150 S Halsted in Homewood, Illinois. The asset is subject to a 12-year modified NNN lease, with a scheduled rent increase in the seventh year and additional increases every five years during option periods.
The property is positioned on Halsted St., a north-south artery reporting 33,200 ADT, and sits 1.5 miles south of the I-294/80 Tri-State Tollway. The surrounding retail environment includes major national retailers and shopping centers. Homewood is identified as a southwest Chicago suburb located 30 miles from Downtown Chicago.
Area demographics include an average household income of $72,292 within 1 mile and a population exceeding 210,000 within 5 miles. The Roomplace is part of a 24-store chain serving the Chicagoland and Indianapolis markets.
The property is positioned on Halsted St., a north-south artery reporting 33,200 ADT, and sits 1.5 miles south of the I-294/80 Tri-State Tollway. The surrounding retail environment includes major national retailers and shopping centers. Homewood is identified as a southwest Chicago suburb located 30 miles from Downtown Chicago.
Area demographics include an average household income of $72,292 within 1 mile and a population exceeding 210,000 within 5 miles. The Roomplace is part of a 24-store chain serving the Chicagoland and Indianapolis markets.
Key Highlights
- 12‑year modified NNN lease
- Rent increase scheduled in the 7th year, with additional increases every 5 years in options
- Halsted St. location with 33,200 ADT
Property Analytics
Property Profile
Current Use
Lease Details
33,200 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
619
Businesses Nearby
187k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Shops & Services 27%
Home Improvements & Furnishings 20%
Apparel 12%
The Home Depot
Home Improvements & Furnishings
33,757 visits/mo
0.4 miles
Delta Sonic Car Wash
Shops & Services
32,282 visits/mo
0.1 miles
Burlington
Apparel
21,525 visits/mo
0.5 miles
Culver's
Dining
20,179 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
16,768 visits/mo
0.1 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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - The property is leased on a modified NNN structure with scheduled increases during the initial term and option periods.
Where is this nnn property located?
The property is located at 18150 S Halsted Homewood, IL.
What are key features of this property?
This property features: 12‑year modified NNN lease; Rent increase scheduled in the 7th year, with additional increases every 5 years in options; Halsted St. location with 33,200 ADT
