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1515 Lee StDes Plaines, IL 60018

Thriving retail center; multiple suites available.

Overview

Added:
Dec 11, 2024
Days on market:
104
The Oaks Shopping Center presents a compelling investment opportunity in Cook County. This established 137,880 square foot shopping center boasts a prime location within a densely populated area, experiencing high traffic counts exceeding 45,000 vehicles per day. The center features a diverse mix of 27 suites, currently offering 10 available spaces ranging from 1,165 to 5,750 square feet. A significant 20,140 square feet of vacant space provides immediate potential for expansion or new tenant acquisition. The center benefits from strong daily traffic generation, anchored by a grocery store and fitness center, attracting a consistent flow of customers. Its strategic location near numerous national retail chains further solidifies its position as a key retail destination. This is an exceptional opportunity to acquire a well-established shopping center in a high-traffic, densely populated area with significant potential for growth and return on investment. The property's size and established tenant base make it an attractive option for both individual investors and larger portfolio holders seeking a stable and profitable retail investment. The available spaces offer flexibility for a variety of retail uses, catering to a wide range of potential tenants.

Highlights

  • 137,880 SF retail shopping center in Cook County.
  • 27 suites total, with 10 spaces available ranging from 1,165 SF to 5,750 SF.
  • 20,140 SF of vacant space.
  • High traffic count exceeding 45,000 vehicles per day (VPD).
  • Strong location with grocery and fitness anchors, surrounded by dense residential population and numerous national retailers.

Unit(s) available at that property

Space
Unit 1581
Size
2,250 SF
Space
Unit 1579
Size
1,625 SF
Space
Unit 1551
Size
1,200 SF
Space
Unit 1549
Size
1,165 SF
Space
Unit 1541
Size
1,200 SF
Space
Unit 1539
Size
1,500 SF
Space
Unit 1537
Size
1,500 SF
Space
Unit 1533
Size
2,250 SF
Space
Unit 1531
Size
1,700 SF
Space
Unit 1529
Size
5,750 SF

Location Insight

City
Des Plaines
County
Cook
State
Illinois
Latitude
42.024420460305
Longitude
-87.891760020882
1515 Lee St, Des Plaines, Illinois

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1515 Lee St
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