Property summary
Bensenville Plaza, located at 718 W Irving Park Rd, Bensenville, IL 60106, presents a compelling value-add investment opportunity. This 13,550 square foot shopping center sits on a 32,722 square foot lot and boasts a prominent location on busy Route 19 (Irving Park Road), experiencing daily traffic counts of 30,000 vehicles. The property features a single, two-story building constructed in 1963, with a C-2 zoning designation. Currently, the center houses eight retail units, with 90% occupancy on the ground floor and two additional 2,000 square foot units on the second floor, showing 50% occupancy. Overall building occupancy stands at 80%. The property benefits from full ingress/egress and many long-term tenants. The asking price is $2,250,000 and is offered as a 1031 exchange opportunity. This multi-tenant property offers significant potential for increased revenue and return on investment. The property's strong location and existing tenant base provide a solid foundation for future growth. The APN is 03-14-118-017. This is a rare opportunity to acquire a well-positioned retail center in a thriving market.
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Travel Agency
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