Listing Agency: Mid-America Real Estate Group | Chicago b***@midamericagrp.com Show Phone

Listed By: Brendan Reedy · License #478004552

Source: Midamericagrp

Added: Mar 7 Changed: Jul 10 Last Checked: Jul 30 at 4:03AM

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Investment Insights

Based on property information with market context.

This retail space is located on Harlem Avenue, situated just north of the Harlem Irving Plaza Mall. The property is positioned in Norridge, Illinois.

Key Highlights

• Incredible positioning on Harlem Ave
• Just north of Harlem Irving Plaza Mall

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Law Firm Building Supply Restaurant Auto Parts Store Auto Repair Shop

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

1,087

Businesses Nearby

392k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 36% Apparel 25% Groceries 19% Shops & Services 15%

Burlington Apparel

64,031 visits/mo 0.2 miles

Raising Cane's Chicken Fingers Dining

53,622 visits/mo 0.4 miles

Portillo's Dining

49,145 visits/mo 0.4 miles

Mariano's Groceries

44,132 visits/mo 0.4 miles

Michaels Shops & Services

37,661 visits/mo 0.5 miles

Demographics for 60706, IL

24,327

Population

9,720

Households

2.5

Avg Household Size

45

Median Age

30%

College-Educated

87%

High-School Grad

3.1 sq mi

ZIP Area

7,847

Density / Sq Mi

$85,000

Median Household Income

$48,602

Median Earnings

$1,242

Median Rent

$347,600

Median Home Value

Market

Lease Benchmarks for Norridge, IL

$24.91 /SF/Yr

Avg Asking Price

$0.92–$80 /SF/Yr

Price Range

5,136 SF

Avg Space Size

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?

Retail space - Retail space available on Harlem Avenue near Harlem Irving Plaza.

Where is this retail space located?

The property is located at 4455 North Harlem Avenue Norridge, IL.

What are key features of this property?

This property features: Incredible positioning on Harlem Ave; Just north of Harlem Irving Plaza Mall