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Property profile & analytics
FOR LEASE
Community centers

17503 Kedzie Ave Hazel Crest, IL 60429

8.78 ac lot Built 1973
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US28-1908792
Property summary
AI-generated overview

This 83,800 square foot grocery-anchored strip center, located at 17503 S Kedzie Ave in Hazel Crest, IL 60429, presents a compelling investment opportunity. Built in 1975, the property boasts a strong tenant mix including a full-service grocery store, Post Office, Family Dollar, and several restaurants. The center offers multiple spaces available for lease, ranging from 1,700 to 3,500 contiguous square feet, with a total of 5,200 square feet currently vacant. The minimum leasable space is 1,700 square feet. This well-established center serves as a community hub, providing a diverse range of services and amenities to local residents. Its strategic location in the heart of Hazel Crest ensures high visibility and accessibility for businesses. The existing tenant roster includes a blend of national, regional, and local businesses, creating a vibrant and thriving retail environment. This property offers a unique chance to capitalize on a strong existing tenant base and a high-traffic location within a well-established community. The Cook County location provides access to a substantial consumer base. This is an excellent opportunity for investors seeking a stable, income-producing asset in a desirable retail market.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1973
Lot 8.78 ac (382,457 SF)
APN 28-36-100-009
UPID US28-1908792
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
Current use
Occupant on record · Public records
  • Sun Electrical Services Electrical Service General Contractor
  • Armored Nutrition Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Hazel Crest Center L L C · 8 yrs held
Hazel Crest Center L L C
since 2017
2 recorded transactions
2017
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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