Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Retail Space with High Traffic Title is generated by Realmo AI

    714 W Irving Park Road 718, Bensenville, IL 60106

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space in Bensenville with high traffic counts.

    Type:Retail
    Added:
    Jan 20, 2026
    Days on Market:
    114
    Last Refresh:
    Mar 17 at 1:21 pm

    Property Features for 714 W Irving Park Road 718

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Spaces For Lease

    at 714 W Irving Park Road 718 Contact us

    We can help!

    Listing Contact
    Emin Tuluce
    Emin Tuluce

    Listing agent Emin Tuluce License #IL 471013284

    Listing office 7 Hill Real Estate

    Listing date Jan 20, 2026

    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 7 Hill Real Estate

    HighLights

    • High traffic location with 32,000 cars per day.
    • Brand new pylon sign.
    • Facade improvements to be completed by Spring 2026.
    • Great tenant mix.

    Overview

    This retail space is located in a high-traffic area with approximately 32,000 cars passing by daily. Facade improvements and a new pylon sign are planned for completion by spring 2026. The property benefits from a favorable tenant mix.
    Location Intelligence

    Current Use by Public Records

    Amigo Insurance Insurance Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Bensenville
    County
    DuPage
    State
    Illinois
    Longitude
    -87.952976
    Latitude
    41.960878

    Nearby Similar for Lease

    • Contact for pricing

      Commercial Space in Bensenville, IL

      Commercial space for rent in Bensenville, Illinois.
      1101 W IRVING PARK Road, Bensenville, IL 60106
      View Details
    • Contact for pricing

      IL, Bensenville - W Grand Ave

      205 Grand Ave, Unit 1ST, Bensenville, IL 60106
      View Details
    • $13 SF/Yr

      Industrial Building in O'Hare Market

      14,373 SF industrial building for lease in Bensenville, IL.
      201-207 William Street, Bensenville, IL 60106
      View Details
    • $11 SF/Yr

      O'Hare Area Industrial Spaces

      Industrial spaces for lease with office space and drive-in doors.
      750-820 Birginal, Bensenville, IL 60106
      View Details
    • Contact for pricing

      Warehouse with Renovated Office Space

      25,600 SF warehouse with 3,204 SF renovated office.
      1149 N. Ellis Street | Bensenville, IL 60106
      View Details
    • $11 SF/Yr

      O'Hare Industrial Spaces For Lease

      Industrial spaces for lease with easy access and great location.
      1000-1100 Bryn Mawr, Bensenville, IL 60106
      View Details
    • Contact for pricing

      Industrial Building Near O'Hare Airport

      106,115 SF industrial space near O'Hare south cargo entrance.
      855 Foster Ave., Bensenville, IL 60106
      View Details
    • $11 SF/Yr

      Bensenville Warehouse Space Available

      14,500 sq ft warehouse space for lease.
      884 County Line Rd, Bensenville, IL 60106
      View Details
    • Contact for pricing

      Bensenville Flex Space Available

      10,692 SF flex space with ample parking.
      1140 Tower Lane, Bensenville, IL 60106
      View Details
    • $11 SF/Yr

      DuPage County Industrial Units Available

      Industrial units in established park, convenient location, easy transportation access.
      1230-1300 Mark St., Bensenville, IL 60106
      View Details
    • Contact for pricing

      Bensenville Industrial Space For Lease

      21,800 SF industrial space with convenient O’Hare access.
      290-300 Beeline Drive, Bensenville, IL 60106
      View Details
    • $13 SF/Yr

      Bensenville Flex Space Available

      Flex space for rent near I-390 and I-290/I-355.
      840-860 Eagle Dr, Bensenville, IL
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space in Bensenville with high traffic counts.
    Where is this retail space located?
    The property is located at 714 W Irving Park Road 718 Bensenville, IL.
    What are key features of this property?
    This property features: High traffic location with 32,000 cars per day.; Brand new pylon sign.; Facade improvements to be completed by Spring 2026.
    (773) 983-8552 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Emin Tuluce
    Emin Tuluce
    Real Estate License ID: IL 471013284
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    714 W Irving Park Road 718, Bensenville, IL 60106
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!