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    Property profile & analytics
    OFF-MARKET Estimated value $3,300,000
    Retail space

    3300 Chicago Rd 32, South Chicago Heights, IL 60411-5423

    2.17 ac lot Built 1963
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US28-2433259
    Property summary
    AI-generated overview

    American Plaza, a 63,148 square foot, single-story retail and office center in South Chicago Heights, Illinois, offers a 3,750 square foot space for lease. This property, situated on a 4.55-acre lot at 3300-3332 Chicago Road (cross street: W Sauk Trail), boasts a prime location along a busy retail corridor, just 28 miles south of Chicago. Built in 1963 and extensively renovated in 2019, the center features 13 suites with 96% occupancy, anchored by established national retailers such as Save-A-Lot, O'Reilly Auto Parts, and Family Dollar. The available space is a "vanilla box" storefront unit, ideal for retail or office use, and includes large picture windows for optimal natural light. Building and pylon signage opportunities are available to enhance visibility. The property is zoned B-1 and has a Cook County APN of 32-32-213-015-0000; 32-32-213-016-0000, 32-32-213-021-0000. The minimum divisible space is 3,750 square feet, with a maximum contiguous space of 3,750 square feet. This presents a unique opportunity to establish a presence in a thriving retail environment with strong existing tenants.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1963
    Lot 2.17 ac (94,525 SF)
    APN 32-32-213-021
    UPID US28-2433259
    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
    • South Heights Liquors (Bike/Boat/Book/etc) Store Bar & Pub
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $3.20M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.30M
    Owner & transaction history
    American Plaza Realty LLC · 3 yrs held
    American Plaza Realty LLC
    since 2023
    Last sale
    $3.4M
    7 recorded transactions
    2023
    $3.4M
    2023
    2019
    2011
    2009
    1997
    $1.9M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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