Listing Agency: INSITE REAL ESTATE

Listed By: Elizabeth Kostelny · License #IL

Source: Crexi

Added: Nov 4, 2022 Changed: Oct 9 Last Checked: Oct 16 at 6:20AM

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Investment Insights

Based on property information with market context.

This commercial land is located near Northern Illinois University student housing and campus facilities, which contribute to a daytime student population exceeding 35,000. The surrounding area has a total population of over 54,000 within a 5-mile radius. The site is adjacent to Popeyes and Sonic.

Key Highlights

• Adjacent to Popeyes and Sonic
• Surrounded by Northern Illinois University student housing and campus facilities
• Benefit from a 35K+ daytime student population

Property Analytics

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Current Use

Popeyes Louisiana Kitchen Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

478

Businesses Nearby

Explore this area Business Placement

Demographics for 60115, IL

42,103

Population

18,175

Households

2.3

Avg Household Size

29

Median Age

36%

College-Educated

90%

High-School Grad

81.0 sq mi

ZIP Area

520

Density / Sq Mi

$46,808

Median Household Income

$22,838

Median Earnings

$1,018

Median Rent

$205,700

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - Flexible commercial land near university and student housing.

Where is this commercial land located?

The property is located at 1127 W Lincoln Hwy Dekalb, IL.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: Adjacent to Popeyes and Sonic; Surrounded by Northern Illinois University student housing and campus facilities; Benefit from a 35K+ daytime student population