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    17th 19Th St Broadview, IL 60155

    For Sale
    $550,000

    Prime Retail Space, $550,000

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 6,000-square-foot retail property, located at the northeast corner of 17th Avenue and 19th Street in Broadview, Illinois (zip code 60155), presents a rare investment opportunity. Situated on a 1.26-acre outlot within the 720,000-square-foot Broadview Village Square, this site benefits from high visibility at a signalized intersection. The property is ideally positioned near major anchors including Super Target, Home Depot, PetSmart, Marshalls, LA Fitness, Ashley Furniture, and Sports Authority, ensuring significant foot traffic and brand recognition. Zoned C-2 General Commercial, this location is perfect for a single-tenant restaurant or retail building. The asking price is $550,000, translating to $91.67 per square foot. The area boasts a dense population and a substantial daytime workforce, further enhanced by the proximity of major employers such as Hines Veterans Hospital, Loyola University Medical Center, and Elkay. While a drive-thru is not permitted, the high traffic volume and strong surrounding businesses make this a compelling investment. The maximum building area is 6,000 square feet. This property offers significant potential for a thriving business in a well-established and high-demand location.

    Property Features for 17th 19Th St

    General Information

    Property type
    Restaurants
    Square Feet
    6,000 SF
    Lot Size
    54,886 SF

    HighLights

    • 1.26‑acre outlot within the 720,000 sq ft Broadview Village Square, anchored by Super Target, Home Depot, PetSmart, Marshalls, LA Fitness, Ashley Furniture, and Sports Authority.
    • High‑visibility corner lot at a signalized intersection in a mature market.
    • Zoned C‑2 General Commercial.
    • Asking price: $550,000 ($91.67/sq ft).
    • Strong demographics with a dense population and substantial daytime workforce near Hines Veterans Hospital, Loyola University Medical Center, and Elkay.
    • 6,000 sq ft maximum building area, suitable for a single‑tenant restaurant or retail building; drive‑thru not permitted.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Broadview
    County
    Cook
    State
    Illinois
    Longitude
    -87.8535009
    Latitude
    41.8495453

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail Space, $550,000
    Where is this restaurant located?
    The property is located at 17th 19Th St Broadview, IL.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 1.26-acre outlot within the 720,000 sq ft Broadview Village Square, anchored by Super Target, Home Depot, PetSmart, Marshalls, LA Fitness, Ashley Furniture, and Sports Authority.; High-visibility corner lot at a signalized intersection in a mature market.; Zoned C-2 General Commercial.
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    Broadview, IL 60155
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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
    17th 19Th St Broadview, IL 60155
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