9200 Western Ave Evergreen Park, IL 60805
- Retail space
Current Use by Public Records
- Electrify America Charging Station Meijer / Electric Vehicle Charging Station
- Meijer Pharmacy / Medical Supply Store / Drug Store
- Minute Key / Key Duplication Service
- Stylez & Trendz / Barber Shop / Beauty Salon
- Meijer / Supermarket / Department Store
Property Details for 9200 Western Ave
- Property type
- Retail space
- APN
- 24-01-401-017
- APU
- 2401401017
Description
This exceptional retail space, located within a high-traffic Meijer store in Evergreen Park, Illinois (zip code 60805, Cook County), offers 792 square feet of prime, front-of-store visibility. The "Store-Within-A-Store" concept provides unparalleled access to thousands of weekly customers. This all-inclusive monthly fee covers real estate taxes, property insurance, CAM, and utilities. The space benefits from strategic placement for maximum customer interaction and includes both interior and exterior signage opportunities. Situated in a thriving trade area with desirable demographics, this location is ideal for a variety of businesses, including financial institutions, food and beverage vendors, service businesses, and health and wellness providers. The property is part of a multiple-tenancy retail building at 9200 S Western Ave. This unique opportunity allows businesses to leverage Meijer's established customer base for significant growth potential. The space is readily available and presents a strong investment prospect in a well-known Midwest retail destination.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,095,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,885,000
- 6.5%
- $2,645,000
- 7%
- $2,760,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,245,000
- Geo Method
- $3,030,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,995,000
- Retail
- $2,640,000
- Mixed-Use
- $3,115,000
- Hospitality
- $3,010,000
- Educational
- $2,750,000
- Residential Income
- $3,030,000
- Energy
- $2,670,000
- Income-Based Land
- $2,980,000
- Food Service
- $2,600,000
Location Insight
- Map
- Local Demand
- City
- Evergreen Park
- County
- Cook
- State
- Illinois
- Longitude
- -87.6828
- Latitude
- 41.7239
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
