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New Retail Building on Route 91
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503 S 7th St, Wyoming, IL 61491

Newly built 10,500 SF retail building with stone facade finishes, ample parking, and high-visibility frontage on Illinois Route 91.

Property Size10,500 SF
Days on Market281

Property Features for 503 S 7th St

General Information

Standard status Active
Size 10,500 SF
Property subtype RETAIL

Additional Details

Road Access Yes

Building Details

Year Built 2023
Listing Agency: Coldwell Banker Commercial Devonshire Realty
Listed By: Nick Ragle · License #475201147
Source: Moodyscre
Added: Jan 21 Changed: Oct 26 Last Checked: Oct 28 at 10:47AM

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 Commercial Devonshire Realty

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Investment Insights

Based on property information with market context.

Newly constructed former Family Dollar/Dollar Tree building offering a turnkey retail footprint for sale or lease. Built in 2023, the property includes modern construction with stone façade finishes, ample on-site parking, and a retail layout designed for flexible single-tenant use or subdivided retail space.

The building is located at 503 S 7th St in Wyoming, Illinois, with excellent frontage along Illinois Route 91 (S. 7th Street) for strong visibility and local traffic exposure. The property is positioned near established neighborhood amenities.

With its recent construction and configurable retail design, the space is intended to support a range of neighborhood-oriented retail uses.

Key Highlights

  • Newly constructed 10,500 SF former Family Dollar/Dollar Tree retail building
  • Built in 2023 with modern construction and stone facade finishes
  • Excellent frontage along Illinois Route 91 (S. 7th Street)

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Auto Repair Shop 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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

138
Businesses Nearby

Demographics for 61491, IL

2,015
Population
1,061
Households
1.9
Avg Household Size
46
Median Age
22%
College-Educated
93%
High-School Grad
96.0 sq mi
ZIP Area
21
Density / Sq Mi
$61,406
Median Household Income
$44,041
Median Earnings
$693
Median Rent
$119,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Newly built 10,500 SF retail building with stone facade finishes, ample parking, and high-visibility frontage on Illinois Route 91.
Where is this retail space located?
The property is located at 503 S 7th St Wyoming, IL.
What are key features of this property?
This property features: Newly constructed 10,500 SF former Family Dollar/Dollar Tree retail building; Built in 2023 with modern construction and stone facade finishes; Excellent frontage along Illinois Route 91 (S. 7th Street)
(217) 403-3379 Call to check price and availability
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