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Two-Unit Retail Strip Center
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7940 Forest Hills Rd, Loves Park, IL 61111

Signalized intersection setting with drive-thru potential, monument signage, and an installed grease trap.

Property Size4,000 SF
Days on Market142

Property Features for 7940 Forest Hills Rd

General Information

Standard status Active
Size 4,000 SF
Property subtype Retail

Additional Details

Business Included Yes
Highway Access Yes

Amenities

signalized intersection
digital LED monument sign
building facade signage
1,500 gallon grease trap installed

Building Details

Tenancy Multi
Listing Agency: SVN | Chicago Commercial
Listed By: Karen Kulczycki-CCIM, SIOR · License #IL #471-020279
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:12AM

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 SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

This two-unit strip center provides approximately 4,000 SF of retail space, including a roughly 2,500 SF suite with drive-thru potential and a second unit of approximately 1,500 SF. The property includes a 1,500 Gal grease trap, digital LED monument signage, and building facade signage. The 1,500 SF unit is occupied by Uncle Charles Slots of Love Park, with the business and real estate available together rather than separately.

The property sits at a signalized intersection on Forest Hills Road in Loves Park, Illinois, between Harlem Road and East Riverside Boulevard. Interstate I-90 is nearby, and the site includes parking. Existing configuration supports consideration of office, restaurant, and retail uses, subject to applicable approvals.

Key Highlights

  • Approximately +/- 4,000 SF strip center with 2 retail units
  • Approximately +/- 2,500 SF unit with drive‑thru opportunity
  • Approximately +/-1,500 SF unit occupied by Uncle Charles Slots of Love Park

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Hair Salon Auto Parts Store

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

Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

357
Businesses Nearby
16k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 63% Dining 26% Home Improvements & Furnishings 11%
Shell Shops & Services
6,003 visits/mo 0.4 miles
SUBWAY Dining
3,023 visits/mo 0.1 miles
Phillips 66 Shops & Services
2,390 visits/mo 0.1 miles
Rent A Center Home Improvements & Furnishings
1,810 visits/mo 0.5 miles
Enterprise Rent-A-Car Shops & Services
1,341 visits/mo 0.5 miles

Demographics for 61111, IL

23,028
Population
10,248
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
92%
High-School Grad
14.2 sq mi
ZIP Area
1,622
Density / Sq Mi
$58,391
Median Household Income
$42,751
Median Earnings
$1,101
Median Rent
$143,700
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
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Frequently Asked Questions

What type of property is this?
Strip mall - Signalized intersection setting with drive-thru potential, monument signage, and an installed grease trap.
Where is this strip mall located?
The property is located at 7940 Forest Hills Rd Loves Park, IL.
What are key features of this property?
This property features: Approximately +/- 4,000 SF strip center with 2 retail units; Approximately +/- 2,500 SF unit with drive‑thru opportunity; Approximately +/-1,500 SF unit occupied by Uncle Charles Slots of Love Park
More about this property
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