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    OFF-MARKET
    Lifestyle centers

    669-685 Graceland Ave, Des Plaines, IL 60016

    10,600 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 10,600 square foot shopping center, located in the Des Plaines Business District, presents a prime retail investment opportunity. The property boasts 21 suites in total, with one immediately available space measuring 1,470 square feet. Its prime location on Graceland Avenue ensures excellent visibility and exposure to a high volume of traffic. The center benefits from its adjacency to the Welkin Apartment Building, providing a built-in customer base, and its proximity to the train station, enhancing accessibility for both shoppers and employees. This multi-tenant property offers a diverse range of possibilities for retailers seeking a vibrant and well-connected location. The Cook County location provides access to a large and diverse consumer market. The available space is ideal for a variety of retail uses, and the existing tenant mix offers a synergistic environment. This is a rare opportunity to acquire a well-established retail center in a thriving business district. The property's strong location and existing infrastructure make it an attractive investment for both seasoned and emerging retail operators. The available suite offers a chance to establish a presence in a high-traffic area with significant foot and vehicle traffic. Don't miss this chance to secure a prominent retail space in a desirable location.

    Property profile
    Verified
    Property type Lifestyle centers
    Total area 10,600 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
    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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