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    Property profile & analytics
    FOR LEASE
    Commercial real estate

    901 Lucinda Ave, Dekalb, IL 60115

    1.3 ac lot
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US28-1395064
    Property summary
    AI-generated overview

    This exceptional retail property, located at 901 Lucinda Avenue in DeKalb, Illinois, offers multiple spaces for lease, ranging from 960 square feet to 5,695 square feet. The property is ideally situated in DeKalb County, zip code 60115, directly across from Northern Illinois University (NIU), ensuring high visibility and foot traffic. Five individual spaces are currently available, providing flexibility for various retail businesses. Larger spaces range from 3,328 to 5,695 square feet. The property boasts ample parking for customers and employees. This vibrant retail center benefits from a strong tenant mix, including established businesses such as Domino's, Panda House, Sharks, Hot Spot Deli, Cast Iron Coffee, La Salsa Restaurant, and Graham Crackers, creating a synergistic and attractive environment for new businesses. Lease rates are competitive, ranging from $6.00 per square foot (NNN) to $8.00 per square foot (NNN). This prime location presents a unique opportunity for businesses seeking high visibility and a thriving customer base in a well-established retail center. The property is classified as a multi-tenant retail space.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 1.3 ac (56,800 SF)
    APN 08-15-351-007
    UPID US28-1395064
    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
    • Huskie Grocery Store, LLC Grocery & Convenience Store Food Market
    • Panda House Restaurant
    • Bright Field Church Church
    • Graham Crackers Comics of DeKalb (Bike/Boat/Book/etc) Store Newspaper & Magazine
    • Cast Iron Coffee Cafe & Coffee Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.02M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.02M
    Owner & transaction history
    Dekalb Knapp Investments LLC · 1 yrs held
    Dekalb Knapp Investments LLC
    since 2025
    Last sale
    $2.0M
    6 recorded transactions
    2025
    2025
    $2.0M
    2017
    2009
    2008
    1969
    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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