379 Ave Villa Park, IL 60181
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.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.