379 Ave Villa Park, IL 60181
- Neighborhood centers
- 8,400 SF
- 0.38 lot acres
Current Use by Public Records
- Neighborhood centers
Property Details for 379 Ave
- Year built
- 1979
- Lot size
- 0.38 lot acres
- Property size
- 8,400 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
This freestanding retail center, totaling 8,400 square feet, presents a compelling owner-user, investment, or redevelopment opportunity. Situated on a 0.38-acre lot at the signalized corner of North and Villa Avenues in Villa Park, Illinois (60181), this property boasts excellent visibility and accessibility. Currently featuring three units with 52% occupancy, including one long-term tenant, the center offers significant potential. The building, constructed in 1979, is zoned C-3 and benefits from its location on North Avenue, a major east-west retail corridor with over 46,000 vehicles per day (VPD). Its proximity to Route 83 and the Union Pacific West Metra Rail Line (1.4 miles) further enhances its appeal. The property draws from a strong regional market including Villa Park, Elmhurst, Lombard, and Oak Brook. The asking price is $1,906,800, translating to $227 per square foot. This prime location and flexible use potential make this an exceptional opportunity for a discerning buyer. The property is a single-story building with excellent access at a signalized intersection. This is a value-add/redevelopment opportunity with potential for increased occupancy and rental income.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Villa Park
- County
- DuPage
- State
- Illinois
- Longitude
- -87.9693
- Latitude
- 41.9056
