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Mixed-Use Property with Billboard
New
For Sale
Under Contract
$2,200,000

345-351 W North Avenue, Villa Park, IL 60181

Commercial Sale, Villa Park, IL

Property SizeContact for details
Lot Size1.29 Acres
Days on Market3

Property Features for 345-351 W North Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning COMMR
Directions N Addison Rd East on North Ave (64) to property
Subdivision Villa Park
Standard status Active Under Contract
APN 0604200005
Lot size 1.29 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 31378

Utilities

Cooling system Central Air

Amenities

billboard

Building Details

Year built 1979
Floors in Building 1
Number of units 2
Listing Agency: Platinum Partners Realtors
Listed By: Sabrina Glover · License #475168174
Added: Oct 15 Changed: Oct 16 Last Checked: Oct 17 at 9:06AM
MLS# 12786969

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This mixed-use offering combines two properties on a 1.29-acre site: a 3,900-square-foot restaurant building and a 1,220-square-foot automotive dealership building. A billboard adds a third rental source. The property is zoned COMMR.

The site has frontage on North Avenue in Villa Park, within a commercial corridor described as including retail, dining, and neighborhood businesses. Restaurant, automotive dealership, and billboard rentals contribute to the property’s current income stream.

Key Highlights

  • Two properties on 1.29 acres
  • 3,900 SF restaurant building
  • 1,220 SF automotive dealership building

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Skin Care Clinic

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

625
Businesses Nearby
225k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 44% Shops & Services 33% Dining 15% Apparel 5%
Target Superstores
97,751 visits/mo 0.4 miles
Delta Sonic Car Wash Shops & Services
17,195 visits/mo 0.4 miles
Casey's Shops & Services
16,958 visits/mo 0.4 miles
Starbucks Dining
15,164 visits/mo 0.2 miles
Shell Shops & Services
15,155 visits/mo 0.3 miles

Demographics for 60181, IL

29,821
Population
12,485
Households
2.4
Avg Household Size
38
Median Age
38%
College-Educated
92%
High-School Grad
6.5 sq mi
ZIP Area
4,588
Density / Sq Mi
$90,375
Median Household Income
$47,191
Median Earnings
$1,619
Median Rent
$294,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two commercial buildings and a billboard occupy a site along North Avenue.
Where is this mixed-use property located?
The property is located at 345-351 W North Avenue Villa Park, IL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Two properties on 1.29 acres; 3,900 SF restaurant building; 1,220 SF automotive dealership building
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