Property summary
Oakland Place, a thriving retail center in Dekalb County, offers prime commercial space for lease. This multi-tenant property boasts a total of 157,889 square feet, with 69,613 square feet currently vacant. Individual spaces range from a minimum of 2,306 square feet to a maximum contiguous space of 28,060 square feet, providing flexibility for various business needs. The center enjoys a highly visible location at a major retail intersection, benefiting from exceptional street presence and pylon signage opportunities. Its strong tenant mix already includes established national brands such as Target, Old Navy, Michaels, Famous Footwear, Buckle, and Hallmark Gold Crown, creating a vibrant and attractive shopping destination. The property benefits from its proximity to a significant population base (Dekalb County population: 104,897) and a large student population (Northern Illinois University enrollment: 25,000 students). Further enhancing its appeal is the recent addition of a new Northwestern Medicine Hospital (580 employees) just a short distance away. The surrounding area also features a robust retail landscape, including Kohl's, Lowe's, Best Buy, TJ Maxx, Ross, PetSmart, HomeGoods, Walmart, and Meijer, among others, creating a synergistic and high-traffic environment. This presents a unique opportunity for businesses seeking a strong location with high visibility and established customer traffic in a thriving retail corridor.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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