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    Property profile & analytics
    FOR LEASE
    Commercial real estate

    355 S Prospect Ave, Bartlett, IL 60103

    0.72 ac lot Built 1994
    Individually Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US28-2630200
    Property summary
    AI-generated overview

    Devon Prospect Plaza, located at 355 S Prospect Ave, Bartlett, IL 60103, offers exceptional retail space in a high-traffic area of Cook County. This single-story, 20,500 square foot Class C building, constructed in 1988, features 12 suites with 6,000 square feet currently vacant. Individual suites range from a minimum of 900 square feet to a maximum contiguous space of 2,700 square feet, providing flexibility for various business needs. The property sits on 5.08 acres of land and boasts ample parking with 135 spaces. Its B-3 zoning provides diverse usage options. The building's strong tenancy history, with nearly 70% of current tenants operating for over a decade, and recent long-term lease renewals by major tenants like 7-Eleven and National Karate, highlight the desirability of this location. This Bartlett property benefits from excellent weekday and weekend traffic, making it an ideal investment opportunity in a densely populated Chicago suburb. The building has a floor area ratio (FAR) of 0.09. Cross street access is available via E Devon Ave.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1994
    Lot 0.72 ac (31,500 SF)
    APN 06-35-400-114
    UPID US28-2630200
    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
    • L & M Christmas Trees (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Haroon Muhammad · 1 yrs held
    Haroon Muhammad
    since 2024
    Last sale
    $170,000
    7 recorded transactions
    2024
    $170,000
    2024
    2022
    $120,000
    2021
    2021
    $1.5M
    2020
    $1.4M
    2001
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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