17 1st St, Hinsdale, IL 60521-4103
This exceptional retail investment property, located at 17 W 1st Street W in the affluent west suburban town of Hinsdale, Illinois, presents a unique opportunity for both owner-users and savvy long-term investors. Boasting 2,560 square feet of retail space, this property is situated in the heart of Hinsdale's thriving downtown central business district, ensuring high visibility and foot traffic. The convenient location offers significant advantages for businesses seeking a prominent presence in this desirable community. A key feature of this property is the inclusion of on-site rear parking, a rare and valuable amenity in a downtown setting. This parking significantly enhances the property's appeal to both potential tenants and customers. The property's current configuration is ideal for a variety of retail uses, allowing for customization to suit the needs of a discerning owner-occupant or a tenant seeking a well-located and functional space. The asking price of $699,000 represents a compelling investment opportunity in a stable and prosperous market. This property offers the potential for substantial returns for an investor who can effectively manage and maximize its financial potential. Please note that tenants should not be disturbed. This property is being offered as-is.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
A · Hinsdale, ILHinsdale. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.