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    FOR LEASE
    Retail space

    2770 South Highland Ave, Lombard, IL 60148

    17,839 SF 1.56 ac lot Built 2008
    Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US28-0065169
    Property summary
    AI-generated overview

    This exceptional retail opportunity in Lombard, DuPage County, offers 1,684 square feet of space available for lease within the Highlands of Lombard, a multi-tenant shopping center built in 2008. The property boasts a prime location along Highland Avenue, a quarter-mile north of I-88 and one mile east of I-355, ensuring high visibility and convenient access. Benefit from the established co-tenant mix, including Mattress Firm and Jimmy John's, and the proximity to the heavily trafficked intersection of Butterfield Road and Highland Avenue. The space is part of a larger development that includes other popular businesses such as Potbelly and Anytime Fitness. This location offers unparalleled exposure, situated directly across the street from the Yorktown Center, a major 100+ tenant super-regional mall, and adjacent to a 403-unit apartment complex, guaranteeing a substantial customer base. The available space is divisible to a minimum of 834 square feet and a maximum contiguous space of 1,251 square feet, with a total building size of 18,055 square feet. Pylon signage is available along Highland Avenue, providing excellent branding opportunities. This property presents a remarkable chance for restaurants, retailers, and medical offices to thrive in a vibrant and well-established commercial area. The total vacant space is 2,085 square feet.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2008
    Total area 17,839 SF
    Lot 1.56 ac (67,954 SF)
    Zoning code C
    APN 06-29-308-024
    UPID US28-0065169
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.89M
    Blend (final) Blend
    $2.60M
    Owner & transaction history
    Lombard-highland LLC · 8 yrs held
    Lombard-highland LLC
    since 2018
    7 recorded transactions
    2018
    $6.0M
    2017
    2016
    1969
    1969
    1969
    1969
    Zoning & alternative use
    C · Lombard, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $4.0M +60.9%
    Commercial (general) $3.7M +46.1%
    Office building $2.5M +1.1%
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    More about this property
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