Listing Agency: CBRE - Chicago b***@cbre.com Show Phone

Listed By: Maury Vanden Eykel · License #IL

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 8:44AM

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Investment Insights

Based on property information with market context.

This retail property is identified with First Midwest Bank and offers approximately 2,400 SF of commercial space. The asset is located at 321 East Church Street in Sandwich, Illinois, within the 60548 ZIP code. Investment metrics include a 5.85% CAP rate.

Key Highlights

• First Midwest Bank property identification
• 2,400 SF of retail space
• 5.85% CAP rate

Property Analytics

Property Profile

Current Use

NB&T - Sandwich Branch Bank Old National Bank Bank Old National Bank ... Atm

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Computer & Electronic Repair Law Firm Catering Service

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

355

Businesses Nearby

9k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Shell Shops & Services

5,583 visits/mo 0.4 miles

Shell Shops & Services

3,680 visits/mo 0.2 miles

Demographics for 60548, IL

12,019

Population

4,649

Households

2.6

Avg Household Size

43

Median Age

21%

College-Educated

93%

High-School Grad

41.4 sq mi

ZIP Area

290

Density / Sq Mi

$83,774

Median Household Income

$40,072

Median Earnings

$1,046

Median Rent

$240,000

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space identified with First Midwest Bank in Sandwich, Illinois.

Where is this retail space located?

The property is located at 321 East Church Street Sandwich, IL.

What are key features of this property?

This property features: First Midwest Bank property identification; 2,400 SF of retail space; 5.85% CAP rate