31 North Ave Northlake, IL 60164
This exceptional 1,541 square foot freestanding retail building, located at 31 W. North Avenue in Northlake, Illinois (zip code 60164), presents a unique investment opportunity. The property features a convenient drive-thru, making it ideal for a variety of businesses. Situated on a single-tenant lot, the building offers ample space for operations and is currently vacant. The location boasts excellent visibility and accessibility, with 11 parking spaces available for customers. This outparcel benefits from its strategic placement near major retailers such as Home Depot, Walmart, and Sam's Club, ensuring high foot traffic and brand recognition. A prominent pylon sign enhances visibility, further attracting potential customers. The property enjoys exceptional access to major roadways, with close proximity to Interstates 290 and 294, facilitating easy commutes for both employees and customers. High traffic counts are a significant advantage, with 44,100 vehicles per day on North Avenue and 10,150 vehicles per day on the intersecting Wolf Road. This prime location, combined with the building's features, makes this property an attractive option for businesses seeking high visibility and convenient access in a thriving retail environment. The property's address is 31 W. North Avenue, Northlake, IL 60164, at the cross streets of Wolf Road.
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Warriors Martial Arts Academy Sports School Training Center
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.
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.