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Property profile & analytics
FOR SALE
Storefront properties

17910 Halsted St Homewood, IL 60430

22,000 SF Built 2005
Property ID
US28-Q024485
Property summary
AI-generated overview

CBRE's Net Lease Property Group – Midwest is pleased to offer the opportunity to acquire the fee simple interest in 22,000 square foot Ross Dress for Less at Washington Park Plaza in Homewood, IL. This asset features an investment grade tenant with the parent company, Ross Stores, Inc., having an A-/Stable S&P credit rating. This lease is a NN, where the landlord responsibility is limited. Strategically located within Washington Park Plaza – Homewood's premier retail destination, which attracts approximately 2.9 million annual visitors, Ross Dress for Less benefits from strong foot traffic driven by neighboring national retailers such as Best Buy, Ross, Five Below, Petco, and Old Navy. Ross Stores Inc. is one of the leading off-price retailers in the U.S. Ross Stores operates two discount clothing chains with 1,904 outlets in 40 states, the District of Columbia, and Guam. The company sells mostly closeout merchandise, including men's, women's, and children's clothing, at prices well below those of department and specialty stores. Ross also sells small furnishings, toys and games, luggage, and jewelry. The chain targets 18-54 year old white collar shoppers from primarily middle-income households. Ross Stores (NASDAQ: ROST) had fiscal year ending January 2025 sales of $21.1 billion.

Property profile
Verified
Property type Storefront properties
Year built 2005
Total area 22,000 SF
UPID US28-Q024485
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
  • Ross Dress for Less Men'S Clothing Store Shoe Store
  • Amazon Locker - Ibn Postal Service Courier Service
  • Amazon Hub Locker - Ibn Postal Service Courier Service
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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