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    332 Budler Rd Romeoville, IL 60446

    Sponsored
    For Lease
    $12 SF/Yr ($20,000 /Mo)

    West Suburban Retail Strip Center; Multiple Units Available

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail opportunity presents 11,438 square feet of vacant space within a thriving 20,000 square-foot strip center located in Will County's desirable West Suburban submarket. Situated at the intersection of Airport Road and Budler, this property benefits from high visibility and convenient access. The center offers multiple units ranging from a minimum of 2,796 square feet to a maximum contiguous space of 5,719 square feet, providing flexibility for various retail concepts. The open floor plan design allows for efficient use of space and customization to suit individual tenant needs. Ample on-site parking ensures convenient access for customers. The property is zoned B1 and is located within a major business and shopping district, surrounded by national retailers and benefiting from a densely populated area, guaranteeing high foot traffic and strong potential for success. This prime location offers an unparalleled opportunity for businesses seeking to establish or expand their presence in a vibrant and growing market. The property's strategic location and flexible space options make it an ideal investment for discerning retailers.

    Property Features for 332 Budler Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF
    Total Rate
    20000

    Unit(s) available at that property

    Space
    Suite 332 Budler
    Size
    2,796 SF
    Rate per SF
    $12
    Space
    Suite 334
    Size
    2,923 SF
    Rate per SF
    $12
    Space
    Suite 332-334
    Size
    5,719 SF
    Rate per SF
    $12

    HighLights

    • 20,000 square foot retail strip center in Will County's West Suburban submarket.
    • Multiple tenancies available, with 11,438 square feet vacant.
    • Spaces range from 2,796 to 5,719 contiguous square feet.
    • Located at Airport Rd & Budler, in a densely populated area with ample parking and nearby national retailers.
    • B1 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Romeoville
    County
    Will
    State
    Illinois
    Longitude
    -88.099845
    Latitude
    41.6354154

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    FAQs

    What type of property is this?
    Neighborhood center - West Suburban Retail Strip Center; Multiple Units Available
    Where is this neighborhood center located?
    The property is located at 332 Budler Rd Romeoville, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 20,000 square foot retail strip center in Will County's West Suburban submarket.; Multiple tenancies available, with 11,438 square feet vacant.; Spaces range from 2,796 to 5,719 contiguous square feet.
    Request Owner's contact information
    332 Budler Rd Romeoville, IL 60446
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    Realmo Value Estimation

    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.

    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.

    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
    332 Budler Rd Romeoville, IL 60446
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