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Property profile

1601 Raynor Ave Crest Hill, IL 60403

OFF-MARKET
Retail properties & Spaces
Built 1970
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1970

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1601 Raynor Ave Crest Hill, IL 60403
Crest Hill metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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