1601 Raynor Ave Crest Hill, IL 60403
This 350-square-foot retail sublease space is located within the established Estilo's Hair Salon at 1601 N Raynor Ave, Crest Hill, IL 60403. The space includes a 13' x 15' private room and a 14' x 11' open room, plus access to shared common areas such as a waiting area, restroom, break area, shampoo station, and washer/dryer. All utilities are included in the $550 monthly rent. The property is situated at the Northwest corner of Theodore Street and Raynor Avenue, a highly visible, lighted corner location with over 23,000 vehicles passing daily. The building is zoned B-2 and was built in 1970. This prime location benefits from strong demographics, with a 12-minute drive-time population of 133,902 and an average household income of $73,743. The property is part of a vibrant retail center, sharing space with My Waffle Restaurant, Pizza by Marchelloni, Mattress by Appointment, and a barbershop. This sublease presents a unique opportunity for a complementary business to thrive in a high-traffic area with excellent visibility. The property is classified as Class C and is a single-tenant space within a larger building. Will County location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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