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    2561 Sauk Trl Sauk Village, IL 60411

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    For Lease
    Contact for pricing

    Prime Retail Space, Flexible Layout, High Visibility

    Lot size:
    18,326 SF

    Property Features for 2561 Sauk Trl

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,326 SF
    Class
    B
    Total Rate
    16798.83

    Building Details

    Year Built
    1997
    Buildings
    1
    Stories
    1

    Spaces For Lease

    at 2561 Sauk Trl, Sauk Village, IL 60411 Contact us
    Unit Available Space 1

    $11 /Mo

    Size
    8,000 SF
    Contact us

    We can help!

    Listing Contact
    David Tarnoff
    David Tarnoff

    Listing Agency: Marcus & Millichap Chicago Downtown Listing Agent: David Tarnoff

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

    Learn more

    Overview

    This exceptional retail opportunity presents 8,000 square feet of versatile space available for lease at 2561 E. Sauk Trail, Sauk Village, IL. The property, previously occupied by Family Dollar, is situated in a high-traffic location adjacent to Walgreens and at a signalized, four-lane intersection of Torrence Avenue and Sauk Trail, ensuring excellent visibility and accessibility. The space can be subdivided into units as small as 2,000 square feet or configured in 4,000-square-foot increments to accommodate various business needs. The single-story, 18,326-square-foot building sits on a 1.79-acre lot and was constructed in 1997. The property is classified as Class B and zoned C-2. This location benefits from its proximity to a thriving business environment, including a substantial 425-acre master-planned Business Logistics Park with rail spur access, offering significant logistical advantages. Furthermore, its convenient location, a short 15-minute drive from Chicago, and its position along Sauk Trail and Illinois 394 provides unparalleled connectivity and ease of access for customers and employees. This is an ideal opportunity for businesses seeking a prominent retail presence in a rapidly growing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Sauk Village
    County
    Cook
    State
    Illinois
    Longitude
    -87.5599406
    Latitude
    41.4913028

    Nearby Similar for Lease

    • Contact for pricing
      2,282 SF

      Former Restaurant with Drive-Thru

      Restaurant space with drive-thru, full kitchen, and cooler.
      2703 E Sauk Trl, Sauk Village, IL 60411
      View Details
    • Contact for pricing
      9,000 SF

      Retail Space Available For Lease

      9,000 SF retail space for lease in Sauk Village.
      1-11 E Sauk Trl, Sauk Village, IL 60411
      View Details
    • Contact for pricing
      7,600 SF

      Retail Suites Available for Lease

      Two suites available at Sauk Plaza in Sauk Village.
      16-19 E Sauk Trl, Sauk Village, IL 60411
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, Flexible Layout, High Visibility
    Where is this retail property located?
    The property is located at 2561 Sauk Trl Sauk Village, IL.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: 18,326 SF retail center with 8,000 SF available for lease.; Divisible into 2,000 SF - 8,000 SF units.; Located at 2561 E. Sauk Trail, Sauk Village, IL.
    (312) 624-7017 Call to check price and availability
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    2561 Sauk Trl Sauk Village, IL 60411
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    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
    2561 Sauk Trl Sauk Village, IL 60411
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    Contact for Pricing
    Please call us for current price
    and status of this listing David Tarnoff
    David Tarnoff
    Real Estate License ID: 471009921
    (312) 624-7017
    Learn more
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