Neighborhood Retail Center with
431-497 W Boughton Bolingbrook, IL 60440
431-497 W Boughton, Bolingbrook, IL, 60440
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For Sale
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Neighborhood retail center with storefront frontage on two roads and an integrated office center.
Property Size60,600 SF
Price / SF$56.93
Days on Market36
Property Features for 431-497 W Boughton
General Information
- Standard status
- Active
- Size
- 60,600 SF
- Property subtype
- Retail
Listing agency
Millennium Properties R/E
(312) 338-3000
Listed by
Daniel Hyman · License #IL 471.013658x
Source
Crexi
Added: Jun 17 Updated: Jul 22 at 9:36AM Checked: Jul 22 at 9:36AM
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 Millennium Properties R/E
Investment Insights
Based on property information with market context.
This 60,600-square-foot neighborhood retail center offers retail storefronts with frontage on both Boughton and Schmidt, anchored by a 12,600-square-foot office center within the same property. The center is positioned at a stoplight corner and is currently 67% occupied, with long-term tenants providing in-place income.
Located at 431–497 W. Boughton in Bolingbrook, the property benefits from the area’s continued development. The local business mix includes prominent national retailers such as Meijer, IKEA, and Macy’s, reflecting steady demand for well-situated retail and office space.
For buyers or brokers underwriting value-add strategies, the opportunity is supported by the center’s current leasing profile, including meaningful occupancy alongside room to improve overall rent and revenue through leasing and tenant mix enhancements.
Located at 431–497 W. Boughton in Bolingbrook, the property benefits from the area’s continued development. The local business mix includes prominent national retailers such as Meijer, IKEA, and Macy’s, reflecting steady demand for well-situated retail and office space.
For buyers or brokers underwriting value-add strategies, the opportunity is supported by the center’s current leasing profile, including meaningful occupancy alongside room to improve overall rent and revenue through leasing and tenant mix enhancements.
Key Highlights
- 60,600 SF neighborhood retail center at the stoplight corner of Boughton and Schmidt
- Retail storefront frontage on both Boughton and Schmidt
- Integrated 12,600 SF office center
Property Analytics
Location Intelligence
Current Use by Public Records
Shopping centers
Similar For Sale Nearby
Similar Off Market Nearby
- Bolingbrook commons — 463 N Bolingbrook Dr, Bolingbrook, IL 60440
- Oak plaza — 359 N Schmidt Rd, Bolingbrook, IL 60440
FAQs
What type of property is this?
Shopping center - Neighborhood retail center with storefront frontage on two roads and an integrated office center.
Where is this shopping center located?
The property is located at 431-497 W Boughton Bolingbrook, IL.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: 60,600 SF neighborhood retail center at the stoplight corner of Boughton and Schmidt; Retail storefront frontage on both Boughton and Schmidt; Integrated 12,600 SF office center
