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Multi-Tenant Shopping Center
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Pending

2352 E 172nd Street, Lansing, IL 60438

Retail center with pylon signage, on-site parking, and a mix of existing occupants in Lansing.

Property SizeContact for details
Days on Market41

Property Features for 2352 E 172nd Street

General Information

Standard status Pending
Total Parking Spaces 100
Property subtype Retail
Occupancy 83%
Net Operating Income $97,000

Additional Details

Pylon Signage Yes

Building Details

Tenancy Multi
Listing Agency: Frontline Real Estate Partners
Listed By: Matthew Tarshis · License #471022713
Source: Crexi
Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 8:13AM

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 Frontline Real Estate Partners

Investment Insights

Based on property information with market context.

This multi-tenant shopping center in Lansing, Illinois, contains more than 23,000 square feet and is 83% leased. The tenant mix includes Outriggers Steak & Seafood, Boost Mobile, Check Into Cash, and other occupants. Property features include two dual-sided pylon signs and 100 on-site parking spaces.

The center is positioned along a retail corridor near Interstate 80, with the highway less than one-half mile away. Surrounding retailers include The Home Depot, Dollar General, LA Fitness, Sears, Culver’s, Aldi, Sherwin-Williams, and Firestone. The property also shares an easement with Wendy’s to the north.

Key Highlights

  • 23,000+ square feet of multi‑tenant retail space
  • 83% leased with a mix of existing tenants
  • Two dual‑sided pylon signs

Property Analytics

Current Use

The Rhoyal Bistro Live Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Garden Center Grocery & Convenience Store Skin Care Clinic Pharmacy

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

83%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

622
Businesses Nearby
308k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 34% Dining 28% Apparel 12% Groceries 11%
QuikTrip Shops & Services
68,465 visits/mo 0.4 miles
The Home Depot Home Improvements & Furnishings
31,593 visits/mo 0.3 miles
Burlington Apparel
27,773 visits/mo 0.3 miles
Aldi Groceries
25,277 visits/mo 0.5 miles
Culver's Dining
21,783 visits/mo 0.1 miles

Demographics for 60438, IL

29,661
Population
12,230
Households
2.4
Avg Household Size
40
Median Age
28%
College-Educated
93%
High-School Grad
8.1 sq mi
ZIP Area
3,662
Density / Sq Mi
$72,043
Median Household Income
$44,632
Median Earnings
$1,271
Median Rent
$168,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail center with pylon signage, on-site parking, and a mix of existing occupants in Lansing.
Where is this shopping center located?
The property is located at 2352 E 172nd Street Lansing, IL.
What are key features of this property?
This property features: 23,000+ square feet of multi‑tenant retail space; 83% leased with a mix of existing tenants; Two dual‑sided pylon signs
(847) 780-8062 Call to check price and availability
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