Retail Space with
For Sale
Contact for pricing
Pending
7202 W College Dr, Palos Heights, IL 60463
The property includes two tenants and sits just off Harlem Avenue and 119th Street.
Property SizeContact for details
Days on Market143
Property Features for 7202 W College Dr
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Multi
Listing Agency:
GAIA Real Estate Investments
Listed By:
Erika Carlson · License #CA 01789133
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 31 at 12:09AM
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 GAIA Real Estate Investments
Investment Insights
Based on property information with market context.
This retail property at 7202 W College Dr in Palos Heights, Illinois, includes two tenants with corporate guarantees. Starbucks has exercised its first two options, extending its lease to a new 10-year term with 8 years remaining. Chiro-One is the second occupant.
The site is positioned just off the corner of Harlem Avenue and 119th Street in a growing community outside Chicago. The property combines an established Starbucks tenancy with a second retail occupant at the same location.
The site is positioned just off the corner of Harlem Avenue and 119th Street in a growing community outside Chicago. The property combines an established Starbucks tenancy with a second retail occupant at the same location.
Key Highlights
- Two‑tenant retail property with corporate guarantees
- Starbucks lease extended to a new 10‑year term
- Starbucks has 8 years remaining on its lease
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
992
Businesses Nearby
37k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Shops & Services 33%
Electronics 5%
Home Improvements & Furnishings 3%
Starbucks
Dining
17,423 visits/mo
0.0 miles
Mobil
Shops & Services
9,761 visits/mo
0.5 miles
Bank of America
Shops & Services
2,595 visits/mo
0.4 miles
Jimmy John's
Dining
2,547 visits/mo
0.1 miles
Bite
Dining
2,065 visits/mo
0.1 miles
Demographics for 60463, IL
14,048
Population
5,501
Households
2.6
Avg Household Size
52
Median Age
41%
College-Educated
97%
High-School Grad
5.3 sq mi
ZIP Area
2,651
Density / Sq Mi
$105,389
Median Household Income
$64,885
Median Earnings
$2,119
Median Rent
$343,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - The property includes two tenants and sits just off Harlem Avenue and 119th Street.
Where is this retail space located?
The property is located at 7202 W College Dr Palos Heights, IL.
What are key features of this property?
This property features: Two‑tenant retail property with corporate guarantees; Starbucks lease extended to a new 10‑year term; Starbucks has 8 years remaining on its lease
