Property profile

9652 131St St Palos Park, IL 60464

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional retail opportunity is located within the Shoppes at Mill Creek shopping center in Palos Park, Illinois. Situated at the highly visible northwest corner of 131st Street and LaGrange Road, this property benefits from exceptional daily traffic counts. 131st Street boasts an impressive 13,500 vehicles per day, while LaGrange Road sees a substantial 40,000 vehicles per day, ensuring significant exposure for your business. The center is anchored by a Jewel Osco grocery store, attracting a consistent flow of customers. This prime location is directly across from Carl Sandburg High School, with approximately 2,845 students and staff, creating a large potential customer base. Multiple retail spaces are available, ranging in size from 1,215 square feet to 7,250 square feet, offering flexibility to accommodate various business needs. The property is in Cook County. Detailed tenant information and demographic data are available upon request. This is an excellent opportunity to establish or expand your retail presence in a thriving community with high visibility and strong foot traffic. Join a successful mix of national tenants in this well-established shopping center.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Food Market
  • Food Market Restaurant
  • Atm
  • Bank Credit Union
  • Medical Clinic

Location

9652 131St St Palos Park, IL 60464
Palos Park metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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