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Downtown Saint Charles Development Opportunity
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Il Rt 31 & Illinois St, Saint Charles, IL

Three-story retail development project in the heart of Downtown Saint Charles.

Space Size4,335 SF - 5,418 SF
Lot Size0.21 Acres
Days on Market1046

Property Features for Il Rt 31 & Illinois St

General Information

Standard status Active
Size 4,335 SF - 5,418 SF
Lot size 0.21 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at Il Rt 31 & Illinois St Contact us

IL Route 31 & Illinois St $32.50/SF/Yr

Floor
Roof
Size
4,335 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- 3-Story development project in the heart of Downtown Saint Charles - 1st floor...
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IL Route 31 & Illinois St $32.50/SF/Yr

Floor
1
Size
5,418 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- 3-Story development project in the heart of downtown saint charles - 1st floor...
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IL Route 31 & Illinois St $32.50/SF/Yr

Floor
2
Size
4,927 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- 3-Story development project in the heart of downtown saint charles - 1st floor...
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Contact us
Listing Agency: Sperry Commercial | Chicago
Listed By: David Ellermann · License ##475.161622
Source: Moodyscre
Added: Oct 10, 2023 Changed: Aug 8 Last Checked: Aug 20 at 11:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sperry Commercial | Chicago

Investment Insights

Based on property information with market context.

This is a three-story development project situated in the heart of Downtown Saint Charles. The first floor offers 5,418 rentable square feet, with 4,627 square feet of usable space. The second floor provides 4,927 rentable square feet, including 4,528 square feet of usable space. The third floor features a rooftop and terrace encompassing 4,335 rentable square feet, which includes a 2,491-square-foot open-air patio and 3,313 square feet of usable space. This build-to-suit opportunity is owned by a prominent and reputable local developer, complete with an in-house design-build team and contractors to deliver a turn-key project.

Key Highlights

  • Prime Downtown Saint Charles location.
  • Build‑to‑Suit opportunity for customization.
  • Turn‑key delivery by reputable local developer with in‑house design‑build team.

Property Analytics

Current Use

Retail space

Lease Details

NNN (Triple Net)
Lease Type
$4.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,070
Businesses Nearby
25k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 52% Dining 40% Hotels & Casinos 8%
BP Shops & Services
6,148 visits/mo 0.3 miles
Arby's Dining
5,267 visits/mo 0.1 miles
Dunkin' Donuts Dining
4,809 visits/mo 0.2 miles
Fifth Third Bank & ATM Shops & Services
2,563 visits/mo 0.3 miles
Advance Auto Parts Shops & Services
2,412 visits/mo 0.1 miles

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Three-story retail development project in the heart of Downtown Saint Charles.
Where is this retail space located?
The property is located at Il Rt 31 & Illinois St Saint Charles, IL.
What is the lease rate?
The lease rate is $32.50 SF/Yr.
What are key features of this property?
This property features: Prime Downtown Saint Charles location.; Build‑to‑Suit opportunity for customization.; Turn‑key delivery by reputable local developer with in‑house design‑build team.
(312) 402-3283 Call to check price and availability
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