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Versatile Lindenhurst Property with Warehouse

625 Bridgeport Terrace, Lindenhurst, IL 60046

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For Sale

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Mixed-use property with retail space, warehouse, and redevelopment potential.

Type:Retail, Office, Hospitality, Mixed Use

Property size:

9,128 SF

Price / SF:

$166/SF

HighLights

Expansive 6,500 SF main room with 14’ clear height.
1,000 SF warehouse with 10’ overhead drive‑in door and triple basin.
Ample parking with a 36‑vehicle capacity.
86 feet of frontage offering excellent visibility.
Versatile property suitable for retail, restaurant, office, medical, or special use.
Located in the Village of Lindenhurst, which offers grants for permanent improvements.

We can help!

Contact an agent

Shamar Brossard

Learn more

For Sale

Contact for pricing

Mixed-use property with retail space, warehouse, and redevelopment potential.

Type:Retail, Office, Hospitality, Mixed Use

Property size:

9,128 SF

Price / SF:

$166/SF

Added:: Oct 22, 2024
Days on Market:: 625
Last Refresh:: May 12 at 10:41 pm

Property Features for 625 Bridgeport Terrace

General Information

Standard status: Active
Size: 9,128 SF
Property subtype: Retail, Office, Hospitality, Mixed Use

Building Details

Year Built: 2006

We can help!

Contact an agent

Shamar Brossard

Listing office COMPASS

Listing date Oct 22, 2024

Source Crexi

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 COMPASS

HighLights

Expansive 6,500 SF main room with 14’ clear height.
1,000 SF warehouse with 10’ overhead drive‑in door and triple basin.
Ample parking with a 36‑vehicle capacity.
86 feet of frontage offering excellent visibility.
Versatile property suitable for retail, restaurant, office, medical, or special use.
Located in the Village of Lindenhurst, which offers grants for permanent improvements.

Overview

Located in Lindenhurst, Illinois, this mixed-use property offers a main room spanning over 6,500 square feet with a 14-foot clear height, connected to a 1,000 square foot warehouse. The warehouse includes a 10-foot overhead drive-in door and a triple basin. Currently used for retail purposes, the open layout provides flexibility for various future uses, including a full-service restaurant with gaming, a craft brewery or distillery, or modern creative or professional offices. The property is also suited for medical or therapeutic use, such as an autism behavior therapy center, renal care facility, or orthopedic clinic. The property features 86 feet of frontage and a parking lot that accommodates 36 vehicles. The Village of Lindenhurst offers grants for permanent improvements. The property has excellent accessibility and visibility. The total property size is 9,128 square feet.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$223.5k	$24.48
− Vacancy	−$55.6k	−$6.10
EGI	$167.8k	$18.38
− OpEx	−$42.0k	−$4.60
NOI	$125.9k	$13.79

9,128 SF · lease $24.48/SF/yr · vacancy 24.90% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.80M

$1.57M – $2.10M (±1% cap)

NOI $125,860 @ 7.0% cap · market cap 8.28%

Second Best

Mixed Use

$1.35M

$1.18M – $1.57M (±1% cap)

NOI $94,475 @ 7.0% cap · market cap 6.22%

Theoretical Best

Office A

$3.15M

$2.76M – $3.68M (±1% cap)

NOI $220,604 @ 7.0% cap · market cap 14.51%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Retail space

Map

City: Lindenhurst
County: Lake
State: Illinois
Longitude: -88.0615
Latitude: 42.4132

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Expansive property with retail space, warehouse, and development potential.

625 N Bridgeport Terrace, Lindenhurst, IL 60046

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For sale
Mixed-use properties
IL
Lindenhurst
60046
625 Bridgeport Terrace

What type of property is this?

Mixed-use property - Mixed-use property with retail space, warehouse, and redevelopment potential.

Where is this mixed-use property located?

The property is located at 625 Bridgeport Terrace Lindenhurst, IL.

What is the asking price?

The asking price for this property is $1,520,000.

What are key features of this property?

This property features: Expansive 6,500 SF main room with **14’ clear height**.; 1,000 SF warehouse with **10’ overhead drive‑in door** and triple basin.; Ample parking with a 36‑vehicle capacity.