Property profile

1500 Lee St Des Plaines, IL 60018

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

Oak Leaf Commons presents a prime retail opportunity in Cook County's vibrant Oakton/Mannheim/Lee retail district. This grocery-anchored center boasts excellent visibility, situated just north of the bustling intersection of Lee Street and Oakton Street. Two retail spaces are currently available, ranging in size from 1,200 to 2,400 square feet, providing flexibility for various business needs. The property benefits from its location within a thriving retail area, surrounded by numerous national retailers, ensuring high foot traffic and strong brand recognition potential. The center is strategically positioned to capitalize on the robust demographics of the surrounding neighborhood. This is an exceptional chance to establish or expand a business in a high-demand, well-established retail environment. The property's prime location and strong tenant mix make it an attractive investment for businesses seeking a successful retail presence. The available spaces offer the ideal platform for businesses to thrive in a bustling commercial hub. Interested parties are encouraged to inquire for further details and leasing information. The property is a multiple-tenancy retail center, specifically a grocery-anchored center, offering a stable and attractive environment for potential tenants.

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
  • Atm
  • Medical Clinic
  • Cinema (Bike/Boat/Book/etc) Store
  • Food Market Restaurant
  • Postal Service Courier Service

Location

1500 Lee St Des Plaines, IL 60018
Des Plaines metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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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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