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    32-100 Lake St Addison, IL 60101

    Sponsored
    For Lease
    $17 SF/Yr ($1,416 /Mo)

    Prime 1,000 SF storefront in Addison, IL.

    Lot size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,000-square-foot storefront is available for lease within the established Jc Plaza Shopping Center in Addison, Illinois. Situated in a well-maintained 21,262-square-foot neighborhood retail strip, this single-tenant space offers excellent visibility and accessibility. The property boasts convenient ingress and egress, prominent monument signage, and a prime location on a major east-west thoroughfare at the intersection of Lake Street and Addison Road. This strategic location provides easy access to the I-290/I-355 expressways, public transportation, and O'Hare International Airport, ensuring high foot traffic and convenient access for customers. The property is zoned B-3 and sits on a generous 80,229-square-foot lot. The entire 1,000 square feet is currently vacant and ready for immediate occupancy. This presents a unique opportunity for businesses seeking a high-visibility location in a thriving retail environment within DuPage County. The property's location and amenities make it an ideal space for a variety of retail uses.

    Property Features for 32-100 Lake St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,000 SF
    Total Rate
    1416.67

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,000 SF
    Rate per SF
    $17

    HighLights

    • Prime 1,000 SF in‑line retail space in Jc Plaza Shopping Center, Addison, IL.
    • Newly rehabbed, 1,000 SF Suite #40, formerly a driving school.
    • Strong co‑tenancy with Nuova Italia, Dunkley's Tavern, and others.
    • High‑traffic location at Lake Street & Addison Road intersection, near I‑290/I‑355.
    • Ample parking and high daily traffic count (31,838 cars).
    • 80,229 SF land area; B‑3 zoning (service business).
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Addison
    County
    Dupage
    State
    Illinois
    Longitude
    -87.9870281
    Latitude
    41.9320179

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    FAQs

    What type of property is this?
    Individual retail property - Prime 1,000 SF storefront in Addison, IL.
    Where is this individual retail property located?
    The property is located at 32-100 Lake St Addison, IL.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Prime 1,000 SF in-line retail space in Jc Plaza Shopping Center, Addison, IL.; Newly rehabbed, 1,000 SF Suite #40, formerly a driving school.; Strong co-tenancy with Nuova Italia, Dunkley's Tavern, and others.
    Request Owner's contact information
    32-100 Lake St Addison, IL 60101
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    Addison, IL 60101
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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
    32-100 Lake St Addison, IL 60101
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