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    615-699 Wolf Rd Des Plaines, IL 60016

    Sponsored
    For Lease
    Contact for pricing

    Prime retail space in high-traffic location.

    Lot size:
    1,080 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Rayyan Plaza IV offers a fantastic opportunity for retail businesses seeking high visibility and strong foot traffic. This strip center is strategically located at the bustling intersection of Wolf Road and Central Road, ensuring maximum exposure to potential customers. The property boasts excellent demographics and impressive traffic counts, making it an ideal location for a variety of retail ventures. Currently, one retail space is available, measuring 1,080 square feet, providing ample room for a diverse range of businesses. The center features prominent pylon signage (two available), offering excellent branding opportunities to attract customers. This is a rare chance to secure a space in a thriving retail environment with exceptional visibility and strong potential for growth. The property's prime location and attractive features make it an excellent investment opportunity for businesses seeking a high-impact presence in a busy commercial area. The available space is ready for immediate occupancy, allowing businesses to quickly establish themselves and begin generating revenue. Don't miss this chance to secure a space in this highly sought-after retail center. Contact us today to schedule a viewing and learn more about this exceptional opportunity.

    Property Features for 615-699 Wolf Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,080 SF

    Unit(s) available at that property

    Space
    Space 691
    Size
    1,080 SF

    HighLights

    • Retail space available in a multi‑tenant strip center.
    • 1,080 square feet available for lease.
    • High visibility location at the intersection of Wolf Road and Central Road.
    • Strong demographics and high traffic counts.
    • Two pylon signs available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Plaines
    County
    Cook
    State
    Illinois
    Longitude
    -87.9076165
    Latitude
    42.0649996

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    FAQs

    What type of property is this?
    Neighborhood center - Prime retail space in high-traffic location.
    Where is this neighborhood center located?
    The property is located at 615-699 Wolf Rd Des Plaines, IL.
    What are key features of this property?
    This property features: Retail space available in a multi-tenant strip center.; 1,080 square feet available for lease.; High visibility location at the intersection of Wolf Road and Central Road.
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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
    615-699 Wolf Rd Des Plaines, IL 60016
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