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Retail Space with Highway Signage
For Lease
$1,800/Mo

4510 N Illinois St Unit 7, Swansea, IL 62226

Gross-lease retail premises with direct access from Frank Scott Plaza and signage exposure along Route 159.

Space SizeContact for details
Days on Market12

Property Features for 4510 N Illinois St Unit 7

General Information

Standard status Active

Building Details

Year Built 2003
Listing Agency: Coldwell Banker Brown Realtors
Listed By: Annmarie Pickering · License #475173204
Source: Avenuerealtyteam
Added: Aug 19 Changed: Aug 29 Last Checked: Aug 25 at 4:02AM

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 Coldwell Banker Brown Realtors

Investment Insights

Based on property information with market context.

Unit 7 at Millstone Plaza provides 1,500 square feet of retail space under a gross lease. The premises is part of a 6,000-square-foot building completed in 2003 and configured with four 1,500-square-foot units.

The property is located at 4510 N Illinois St in Swansea, Illinois, with access from Frank Scott Plaza. Signage is positioned along Route 159 and Smelting Works, including 95 feet of frontage on Smelting Works. The property also includes a developed 1.51-acre lot approved for an additional 9 units, separate from the 0.96-acre parcel containing the existing building. The building and developed lot are offered together, with the owner willing to separate them.

Key Highlights

  • 1,500 SF Unit 7 available at Millstone Plaza
  • Gross lease structure
  • Signage on Route 159 and Smelting Works

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Restaurant Auto Parts Store

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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

670
Businesses Nearby
126k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 72% Shops & Services 23% Dining 5%
Target Superstores
91,003 visits/mo 0.3 miles
Huck's Shops & Services
23,351 visits/mo 0.1 miles
PNC Bank Shops & Services
5,974 visits/mo 0.2 miles
Bandana's Bar-B-Q Dining
5,721 visits/mo 0.1 miles

Demographics for 62226, IL

29,156
Population
13,285
Households
2.2
Avg Household Size
42
Median Age
33%
College-Educated
94%
High-School Grad
13.9 sq mi
ZIP Area
2,098
Density / Sq Mi
$66,018
Median Household Income
$43,284
Median Earnings
$946
Median Rent
$162,500
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?
Retail space - Gross-lease retail premises with direct access from Frank Scott Plaza and signage exposure along Route 159.
Where is this retail space located?
The property is located at 4510 N Illinois St Unit 7 Swansea, IL.
What is the lease rate?
The lease rate is $1,800/Mo.
What are key features of this property?
This property features: 1,500 SF Unit 7 available at Millstone Plaza; Gross lease structure; Signage on Route 159 and Smelting Works
More about this property
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