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Retail Space in Hanover Park
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7580 Barrington Road, Hanover Park, IL 60133

Retail space available in a highly trafficked shopping center.

Space SizeContact for details
Days on Market196

Property Features for 7580 Barrington Road

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Chicago
Listed By: Sean McCourt
Source: Cbre
Added: Jan 27 Changed: Aug 8 Last Checked: Aug 8 at 6:02AM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

This retail space is located within a regional shopping area containing over 2 million square feet of retail. Anchors include Tony’s Fresh Market, LA Fitness, Burlington, dd’s Discounts, Aldi, and Ollie’s. The location benefits from a dense population, with over 124,000 people residing within a 3-mile radius. The intersection is highly trafficked, with 56,000 vehicles per day. The property offers 6,300 square feet of space.

Key Highlights

  • Anchored by Tony's Fresh Market, LA Fitness, Burlington, dd's Discounts, Aldi & Ollie's
  • Highly Trafficked Intersection: 56,000 VPD
  • Dense Population: Over 124,000 People within 3 Miles

Property Analytics

Current Use

Tony's Fresh Market Grocery & Convenience Store Western Union Bank Vigo Bank Fresh market Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Restaurant Auto Parts Store Spa & Massage Center

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

670
Businesses Nearby
590k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 34% Dining 21% Superstores 20% Home Improvements & Furnishings 15%
Walmart Superstores
118,408 visits/mo 0.5 miles
Tony's Fresh Market Groceries
59,323 visits/mo 0.0 miles
Menards Home Improvements & Furnishings
58,598 visits/mo 0.3 miles
Ollie's Bargain Outlet Shops & Services
54,436 visits/mo 0.3 miles
Portillo's Dining
37,263 visits/mo 0.3 miles

Demographics for 60133, IL

37,494
Population
11,573
Households
3.2
Avg Household Size
35
Median Age
29%
College-Educated
84%
High-School Grad
8.4 sq mi
ZIP Area
4,464
Density / Sq Mi
$92,263
Median Household Income
$40,743
Median Earnings
$1,478
Median Rent
$260,900
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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail space available in a highly trafficked shopping center.
Where is this shopping center located?
The property is located at 7580 Barrington Road Hanover Park, IL.
What are key features of this property?
This property features: Anchored by Tony's Fresh Market, LA Fitness, Burlington, dd's Discounts, Aldi & Ollie's; Highly Trafficked Intersection: 56,000 VPD; Dense Population: Over 124,000 People within 3 Miles
More about this property
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