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Grocery-Anchored Shopping Center
For Sale
Contact for pricing
Pending

342 W Chrysler Dr, Belvidere, IL 61008

Retail center with multiple established tenants, US 20 exposure, and access from two local streets.

Property SizeContact for details
Days on Market144

Property Features for 342 W Chrysler Dr

General Information

Standard status Pending
Property subtype Retail

Site & Location

Anchor Co-Tenants Fiesta Market
Traffic Count 15,000 vehicles/day
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Gambino Realtors
Listed By: Jennifer Berry · License #IL 475.175566
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Sep 1 at 12:23AM

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 Gambino Realtors

Investment Insights

Based on property information with market context.

This neighborhood shopping center is anchored by regional grocer Fiesta Market and includes a mix of service, food, entertainment, and retail occupants. Current tenants include One Main Financial, La Michoacana, Confident Smile Dental, Anna’s Slots and Video Poker, and Jonny Boots.

The center faces US 20 and is positioned at a lighted intersection with access from Pearl St. and Chrysler Dr. Reported traffic is 15k VPD, and the property is minutes from the I-90 / Genoa Rd. interchange.

Key Highlights

  • Anchored by regional grocer Fiesta Market
  • 15k VPD traffic at a lighted intersection
  • Fronts US 20 with access from Pearl St. and Chrysler Dr.

Property Analytics

Current Use

OneMain Financial Loan Service

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Dental Office Auto Repair Shop Big Box & Wholesale Store

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

15,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

225
Businesses Nearby
76k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 62% Dining 38%
McDonald's Dining
20,105 visits/mo 0.1 miles
Speedway Shops & Services
16,531 visits/mo 0.5 miles
Dollar Tree Shops & Services
16,491 visits/mo 0.2 miles
Burger King Dining
8,582 visits/mo 0.1 miles
Mobil Shops & Services
7,109 visits/mo 0.1 miles

Demographics for 61008, IL

33,747
Population
13,406
Households
2.5
Avg Household Size
40
Median Age
21%
College-Educated
83%
High-School Grad
84.3 sq mi
ZIP Area
400
Density / Sq Mi
$75,833
Median Household Income
$38,509
Median Earnings
$953
Median Rent
$185,200
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 multiple established tenants, US 20 exposure, and access from two local streets.
Where is this shopping center located?
The property is located at 342 W Chrysler Dr Belvidere, IL.
What are key features of this property?
This property features: Anchored by regional grocer Fiesta Market; 15k VPD traffic at a lighted intersection; Fronts US 20 with access from Pearl St. and Chrysler Dr.
(815) 871-6156 Call to check price and availability
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