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New Mixed-Use Building Retail Space
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228 N 4th St, Dekalb, IL 60115

Class A retail space in booming downtown DeKalb.

Space Size1,820 SF - 2,015 SF
Days on Market1589

Property Features for 228 N 4th St

General Information

Standard status Active
Size 1,820 SF - 2,015 SF
Class A
Property subtype Retail, Office
Lease Type Modified Gross

Building Details

Year Built 2022
Tenancy Multiple

Spaces For Lease

at 228 N 4th St Contact us

220 N 4th St

Size
1,820 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us

224 N 4th St

Size
1,820 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us

228 N 4th St

Size
2,015 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: RVG Commercial Real Estate
Listed By: Sam Patterson · License #IL 475154735
Source: Crexi
Added: Apr 15, 2022 Changed: Aug 8 Last Checked: Aug 8 at 11:50AM

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 RVG Commercial Real Estate

Investment Insights

Based on property information with market context.

This is an outstanding opportunity to locate your business in a new class A mixed-use building that includes 92 residential units. The raw space is ready for buildout, and tenant improvement allowances and additional landlord incentives are available. The landlord can expedite buildout for quick move-in. The property benefits from high visibility and traffic count on Rt 23. Ideal uses include dining, professional services, retail, and office. The location is close to Northern Illinois University, the Facebook Data Center, and Park 88. Downtown DeKalb is experiencing significant growth, with over 50 million invested in new ground-up projects and over 1 billion in city-wide economic development. There are 3 spaces available ranging from 1820 to 5655 square feet; prices vary by the size of the unit, and the spaces can be combined.

Key Highlights

  • Located in a new Class A mixed‑use building with 92 residential units.
  • High visibility and traffic count on Rt 23.
  • Tenant Improvement allowances and Landlord incentives available.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Law Firm Electrical Service Bakery Big Box & Wholesale Store Real Estate Agency

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

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

997
Businesses Nearby
46k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 64% Shops & Services 36% Electronics 1%
McDonald's Dining
22,357 visits/mo 0.2 miles
Dunkin' Donuts Dining
6,234 visits/mo 0.2 miles
BP Shops & Services
5,582 visits/mo 0.3 miles
Shell Shops & Services
3,818 visits/mo 0.5 miles
Old National Bank Shops & Services
3,039 visits/mo 0.4 miles

Demographics for 60115, IL

42,103
Population
18,175
Households
2.3
Avg Household Size
29
Median Age
36%
College-Educated
90%
High-School Grad
81.0 sq mi
ZIP Area
520
Density / Sq Mi
$46,808
Median Household Income
$22,838
Median Earnings
$1,018
Median Rent
$205,700
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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Class A retail space in booming downtown DeKalb.
Where is this retail space located?
The property is located at 228 N 4th St Dekalb, IL.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Located in a new Class A mixed‑use building with 92 residential units.; High visibility and traffic count on Rt 23.; Tenant Improvement allowances and Landlord incentives available.
More about this property
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