Prime Retail Space on
For Lease
$17 SF/Yr
445 W Lake St, Addison, IL 60101
Retail space in a high-traffic strip center in Addison, IL.
Space SizeContact for details
Days on Market197
Property Features for 445 W Lake St
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$49,033
Listing Agency:
New Concept Realty
(773) 858-7257
Listed By:
Pietro Losacco · License #471014490
(773) 858-7257
Source:
Exprealty
Added: Jan 26
Changed: Aug 8
Last Checked: Jul 26 at 2:28PM
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 New Concept Realty
Investment Insights
Based on property information with market context.
This retail space is located in a newer strip center on Lake Street in Addison, Illinois. The property offers 1100 square feet of space. It is situated next to a high-traffic McDonald's. Ample parking is available. The center is currently home to a mix of small businesses, a currency exchange, and a restaurant, which contributes to a dynamic environment and attracts foot traffic. Pylon sign space is available for branding purposes. The interiors are nearly move-in-ready, making it suitable for nail and hair salons or other business types.
Key Highlights
- Prime location on Lake Street in Addison, IL, next to a high‑traffic McDonald's.
- 1100 square feet of space suitable for various business types.
- Abundant parking available for customers.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
982
Businesses Nearby
220k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Groceries 30%
Shops & Services 22%
Home Improvements & Furnishings 7%
Jewel-Osco
Groceries
38,118 visits/mo
0.3 miles
Angelo Caputo's Fresh Markets!
Groceries
27,054 visits/mo
0.5 miles
McDonald's
Dining
26,193 visits/mo
0.3 miles
Portillo's
Dining
26,061 visits/mo
0.3 miles
Dollar Tree
Shops & Services
17,934 visits/mo
0.3 miles
Demographics for 60101, IL
37,644
Population
14,145
Households
2.7
Avg Household Size
38
Median Age
22%
College-Educated
77%
High-School Grad
11.4 sq mi
ZIP Area
3,302
Density / Sq Mi
$87,860
Median Household Income
$42,007
Median Earnings
$1,236
Median Rent
$315,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Retail space in a high-traffic strip center in Addison, IL.
Where is this strip mall located?
The property is located at 445 W Lake St Addison, IL.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Prime location on Lake Street in Addison, IL, next to a high‑traffic McDonald's.; 1100 square feet of space suitable for various business types.; Abundant parking available for customers.
