Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    990 Kinzie Ave Bradley, IL 60915

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    762 sq ft In-Store Retail

    Lot size:
    762 SF

    Property Features for 990 Kinzie Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    762 SF

    Spaces For Lease

    at 990 Kinzie Ave, Bradley, IL 60915 Contact us

    We can help!

    Listing Contact
    Kevin Marschall
    Kevin Marschall

    Listing Agency: InStore Commercial Real Estate Listing Agent: Kevin Marschall

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional retail space, totaling 762 square feet, is available for lease within a high-traffic Meijer store in Bradley, Illinois (zip code 60915). Located at 990 N Kinzie Ave, Kankakee County, this storefront offers unparalleled visibility and access to thousands of weekly customers. The space benefits from a prime, front-of-store location, maximizing customer interaction. The all-inclusive monthly fee covers real estate taxes, property insurance, CAM charges, and utilities, simplifying budgeting. Branding opportunities include both interior and exterior signage. This "Store-Within-A-Store" concept is situated in a thriving trade area with a desirable customer base. The property is ideal for various businesses, including financial institutions, food and beverage vendors, service businesses, and health and wellness providers. This unique opportunity allows businesses to leverage Meijer's established customer base for significant growth potential. The property is a single, vacant space within a larger retail building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Juliann Yarno Pharmacy Great Clips Hair Salon Meijer Specialty Food Shop Electrify America Charging ... Electric Vehicle Charging Station Melissa Ortega Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Bradley
    County
    Kankakee
    State
    Illinois
    Longitude
    -87.849337014662
    Latitude
    41.158992620877

    Nearby Similar for Lease

    • Contact for pricing
      5,528 SF

      Single-Story Office with Finished Lower Level

      Single-story office in Bradley, IL with flexible space options.
      435 East North St, Bradley, IL 60915
      View Details
    • $18 SF/Yr
      2,400 SF

      Retail Property in Thriving Area

      2,400 SF retail space with excellent visibility and ample parking.
      1196-1250 N Kinzie Ave, Bradley, IL 60915
      View Details
    • $12 SF/Yr
      6,500 SF

      Remodeled Restaurant on Busy Highway

      Remodeled restaurant with equipment on busy highway for lease.
      580 N Kinzie Ave, Bradley, IL 60915
      View Details
    • $10 SF/Yr
      3,240 SF

      Bradley Retail Space Available

      Retail space available for lease in Bradley, Illinois.
      311 N Kinzie Ave, Bradley, IL 60915
      View Details
    • $20 SF/Yr
      1,209 SF

      Retail Space in Bradley, IL

      Retail space available for lease in Bradley, Illinois.
      900 N Kinzie Ave, Bradley, IL 60915
      View Details
    • $14 SF/Yr
      3,600 SF

      Retail Space in Village Square

      Retail space available for lease in Bradley, Illinois.
      109 C Vlg Sq, Bradley, IL
      View Details
    • $12 SF/Yr
      19,000 SF

      Bradley Retail Space Available

      Retail space available for lease in Bradley, Illinois.
      1192-1198 N Kinzie Ave, Bradley, IL 60915
      View Details
    • $9 SF/Yr
      14,108 SF

      Retail Space in Village Square

      Retail space available for lease in Bradley, Illinois.
      113 Village Sq, Bradley, IL 60915
      View Details
    • $14 SF/Yr
      14,108 SF

      Retail Space in Village Square

      Retail property available for lease in Bradley, Illinois.
      111-112 Village Sq, Bradley, IL 60915
      View Details
    • Contact for pricing
      1,800 SF

      Office Space in Bradley, IL

      Office space available for rent in Bradley, Illinois.
      525 E St N, Bradley, IL
      View Details
    • Contact for pricing
      2,000 SF

      Bradley Office Space For Rent

      2000 square feet of office space available for lease.
      423 W Broadway St, Bradley, IL 60915
      View Details
    • Contact for pricing
      4,345 SF

      Bradley Flex/Industrial Space Available

      Flex/Industrial space available for lease in Bradley, Illinois.
      1259 E Broadway St, Bradley, IL 60915
      View Details

    FAQs

    What type of property is this?
    Individual retail property - 762 sq ft In-Store Retail
    Where is this individual retail property located?
    The property is located at 990 Kinzie Ave Bradley, IL.
    Request Owner's contact information
    990 Kinzie Ave Bradley, IL 60915
    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.
    990 Kinzie Ave
    Bradley, IL 60915
    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
    990 Kinzie Ave Bradley, IL 60915
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kevin Marschall
    Kevin Marschall
    Real Estate License ID: 471022479
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!