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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

31 North Ave Northlake, IL 60164

1,541 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,541 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Warriors Martial Arts Academy Sports School Training Center
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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