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    901 Lucinda Ave DeKalb, IL 60115

    Sponsored
    For Lease
    $6 SF/Yr

    Multiple suites available, high traffic area.

    Lot size:
    15,453 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 901 Lucinda Avenue in DeKalb, Illinois, offers multiple spaces for lease, ranging from 960 square feet to 5,695 square feet. The property is ideally situated in DeKalb County, zip code 60115, directly across from Northern Illinois University (NIU), ensuring high visibility and foot traffic. Five individual spaces are currently available, providing flexibility for various retail businesses. Larger spaces range from 3,328 to 5,695 square feet. The property boasts ample parking for customers and employees. This vibrant retail center benefits from a strong tenant mix, including established businesses such as Domino's, Panda House, Sharks, Hot Spot Deli, Cast Iron Coffee, La Salsa Restaurant, and Graham Crackers, creating a synergistic and attractive environment for new businesses. Lease rates are competitive, ranging from $6.00 per square foot (NNN) to $8.00 per square foot (NNN). This prime location presents a unique opportunity for businesses seeking high visibility and a thriving customer base in a well-established retail center. The property is classified as a multi-tenant retail space.

    Property Features for 901 Lucinda Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,453 SF

    Unit(s) available at that property

    Space
    Unit T
    Size
    1,450 SF
    Rate per SF
    $10
    Space
    Unit K
    Size
    5,695 SF
    Rate per SF
    $8
    Space
    Unit F2
    Size
    960 SF
    Rate per SF
    $10
    Space
    Unit A
    Size
    4,020 SF
    Rate per SF
    $6
    Space
    Unit F
    Size
    3,328 SF
    Rate per SF
    $7

    HighLights

    • Multi‑tenant retail space at 901 Lucinda Avenue, DeKalb, IL 60115.
    • Five available spaces ranging from 960 to 5,695 square feet.
    • High visibility location directly across from Northern Illinois University (NIU).
    • Ample parking.
    • Strong tenant mix including Domino's, Panda House, and others.
    • Competitive lease rates: $6.00-$8.00/SF (NNN).
    Property Profile Location Intelligence

    Current Use by Public Records

    Huskie Grocery Store, ... Grocery Store Panda House Chinese Restaurant Bright Field Church Non-Denominational Church Graham Crackers Comics ... Comic Book Store Cast Iron Coffee Coffee Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    DeKalb
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.7719228
    Latitude
    41.9366815

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    FAQs

    What type of property is this?
    Retail property - Multiple suites available, high traffic area.
    Where is this retail property located?
    The property is located at 901 Lucinda Ave DeKalb, IL.
    What is the lease rate?
    The lease rate is $6-$10 SF/Yr.
    What are key features of this property?
    This property features: Multi-tenant retail space at 901 Lucinda Avenue, DeKalb, IL 60115.; Five available spaces ranging from 960 to 5,695 square feet.; High visibility location directly across from Northern Illinois University (NIU).
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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
    901 Lucinda Ave DeKalb, IL 60115
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