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Restaurant-Ready Retail Suite
For Lease
$495,000

407 S 4th Street, Dunlap, IL 61525

Suite features a private entrance and is set up for restaurant use without a hood or grill.

Space SizeContact for details
Days on Market48

Property Features for 407 S 4th Street

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $14,820

Building Details

Year Built 2014
Tenancy Multi
Listing Agency: RE/MAX Traders Unlimited
Listed By: Justin Ball (justinashbyball@gmail.com) · License #475175281
Source: Curveyrealestate
Added: Jul 10 Changed: Aug 24 Last Checked: Aug 26 at 9:05AM

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 RE/MAX Traders Unlimited

Investment Insights

Based on property information with market context.

This restaurant-ready storefront suite includes a unique, private entrance into the unit and is configured for restaurant use without a hood or grill. The space can also be fitted out for office or retail needs, offering flexibility for a variety of neighborhood-serving concepts.

The property is located off Route 91 in Dunlap, directly across from Dunlap High School and the Athletic Complex. The area includes small businesses within walking distance, along with a gas station and access to the Rock Island Trail.

Other tenants in the center include Debbie's Slots and Gaming Lounge, and the dumpster is shared among tenants in the immediate center area.

Key Highlights

  • 1,500 sq. ft. suite for lease at $1,650/mo plus utilities
  • Restaurant‑ready layout with no hood/grill; can be fitted for office or retail use
  • Each tenant has a unique, private entrance into their suite

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service Plumbing Service Storage Facility Big Box & Wholesale Store Nail Salon Kitchen & Bath Showroom

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

108
Businesses Nearby
Balanced
Demand for This Use

Demographics for 61525, IL

11,433
Population
4,324
Households
2.6
Avg Household Size
36
Median Age
69%
College-Educated
97%
High-School Grad
32.7 sq mi
ZIP Area
350
Density / Sq Mi
$153,300
Median Household Income
$88,125
Median Earnings
$1,167
Median Rent
$314,800
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
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Frequently Asked Questions

What type of property is this?
Storefront property - Suite features a private entrance and is set up for restaurant use without a hood or grill.
Where is this storefront property located?
The property is located at 407 S 4th Street Dunlap, IL.
What is the lease rate?
The lease rate is $495,000.
What are key features of this property?
This property features: 1,500 sq. ft. suite for lease at $1,650/mo plus utilities; Restaurant‑ready layout with no hood/grill; can be fitted for office or retail use; Each tenant has a unique, private entrance into their suite
More about this property
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