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Multi-Tenant Shopping Center
For Sale
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Pending

1851-1892 N Neltnor Blvd, West Chicago, IL 60185

Retail center with multiple access points, adjoining national retailers, and additional parcels.

Property SizeContact for details
Days on Market143

Property Features for 1851-1892 N Neltnor Blvd

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Northmarq Capital, LLC
Listed By: Ryan Roedersheimer · License #OH 2015004880
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 10:02PM

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 Northmarq Capital, LLC

Investment Insights

Based on property information with market context.

This offering includes one multi-tenant shopping center together with three additional parcels. The leasing profile features 5.69 years of WALT, with extension options that include increases.

The property is located at 1851-1892 N Neltnor Blvd in West Chicago, at the intersection of Route 59 (Neltnor Blvd) and Route 64 (North Ave). The center shares the intersection with Menards, McDonald's, Dunkin' Donuts, and Old Time Pottery, while Walmart, Target, and other national retailers serve the broader trade area. Multiple ingress and egress points support access, and the intersection records more than 75K+ total VPD.

Key Highlights

  • 5.69 years WALT with options that include increases
  • One multi‑tenant shopping center plus 3 additional parcels
  • At Route 59 (Neltnor Blvd) and Route 64 (North Ave)

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Dental Office Auto Parts Store Spa & Massage Center

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

227
Businesses Nearby
142k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 34% Shops & Services 33% Dining 31% Electronics 2%
Menards Home Improvements & Furnishings
39,102 visits/mo 0.3 miles
McDonald's Dining
19,427 visits/mo 0.1 miles
Dollar Tree Shops & Services
15,375 visits/mo 0.1 miles
Shell Shops & Services
12,734 visits/mo 0.2 miles
Starbucks Dining
11,171 visits/mo 0.2 miles

Demographics for 60185, IL

34,775
Population
11,030
Households
3.2
Avg Household Size
37
Median Age
33%
College-Educated
84%
High-School Grad
30.9 sq mi
ZIP Area
1,125
Density / Sq Mi
$105,063
Median Household Income
$41,439
Median Earnings
$1,400
Median Rent
$313,600
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
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Similar Off Market Nearby

  • Mosaic Crossing 1859 N Neltnor Blvd, West Chicago, IL 60185

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center with multiple access points, adjoining national retailers, and additional parcels.
Where is this shopping center located?
The property is located at 1851-1892 N Neltnor Blvd West Chicago, IL.
What are key features of this property?
This property features: 5.69 years WALT with options that include increases; One multi‑tenant shopping center plus 3 additional parcels; At Route 59 (Neltnor Blvd) and Route 64 (North Ave)
More about this property
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