Building Details

Building Size 4,500 SF

Year Built 2014

Buildings 1

Tenancy Multi

Listing Agency: RE/MAX Traders Unlimited j***@remax.net Show Phone

Listed By: Justin Ball · License #475175281 Show Phone

Source: Realestatepeoria

Added: Jul 11 Changed: Aug 21 Last Checked: Aug 22 at 3:28AM

Report an Issue

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 three-unit retail center totals 4,500 SF and is set up as a small, income-producing property with separate unit spaces. Unit B is currently leased to Debbie's Slots and Gaming Lounge, while Units A and C are available for lease. The property includes county-approved plans to add another building and additional parking on the west side for an additional 3,000 SF of building.

The center is located on Route 91 in a high-traffic setting across from Dunlap High School, providing visibility to passing traffic.

For financial information regarding the leased unit, an NDA is required.

Key Highlights

• 2014‑built, 4,500 SF three‑unit retail center on Route 91
• High‑traffic location across from Dunlap High School
• Unit B is leased to Debbie's Slots and Gaming Lounge; Units A and C are available for lease

Property Analytics

Property Profile

Current Use

Shopping centers

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

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

108

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this shopping centers located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Retail Center Near Dunlap High

407 4TH Street, Dunlap, IL 61525

$495,000

4,500 SF

View details

Retail Space for Sale

509 S Fourth St, Dunlap, IL 61525

Contact for pricing

6,480 SF

View details

Frequently Asked Questions

What type of property is this?

Shopping center - Three-unit retail center with one leased tenant and two units available on Route 91.

Where is this shopping center located?

The property is located at 407 S 4th Street Dunlap Dunlap, IL.

What is the asking price?

The asking price for this property is $375,000.

What are key features of this property?

This property features: 2014‑built, 4,500 SF three‑unit retail center on Route 91; High‑traffic location across from Dunlap High School; Unit B is leased to Debbie's Slots and Gaming Lounge; Units A and C are available for lease