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379-383 E North Ave

8,400 SF 48% Leased Retail Building Villa Park, IL 60181 $1,906,800 ($227/SF)

Investment Highlights

  • Owner/User or Investment Opportunity or Redevelopment Opportunity
  • Desirable hard corner with a signalized intersection at North and Villa Avenues
  • Easy access to I290 from Route 83 and I294 from North Avenue
  • 1 tenant (Fancy Nail Salon) and 2 vacancies
  • 1.4 Miles to Union Pacific West Metra Rail Line

Executive Summary

Rarely available, 8,400 SF, 3-tenant retail strip center available for sale. Well located at the signalized corner of North and Villa Avenue with excellent frontage directly on North Avenue, a major East-West retail corridor with over 46,000 VPD. The property is directly west of Route 83 and pulls from surrounding areas including Villa Park, Elmhurst, Lombard and Oak Brook. The property currently has one long-term tenant but has historically been completely leased. It is an ideal property for an owner/user, investor, or as a redevelopment opportunity on a great retail corner.

Attachments

Sale Brochure

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,400 SF
Building Class
C
Year Built
1975
Price
$1,906,800
Price Per SF
$227
Percent Leased
48%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Land Acres
0.38 AC
Zoning
C-3
Parking
30 Spaces (3.57 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 379
  • 4,400 SF
  • Office/Retail
  • -
  • Now

CAM & Taxes = $5.62/SF. Trash is included in CAM.

Space Size Space Use Position Available
379 4,400 SF Office/Retail - Now

379

Size
4,400 SF
Space Use
Office/Retail
Position
-
Available
Now

379

Size 4,400 SF
Space Use Office/Retail
Position -
Available Now

CAM & Taxes = $5.62/SF. Trash is included in CAM.

Nearby Major Retailers

Starbucks
Huntington National Bank
D-BAT
VASA Fitness
The Picklr
Rent-A-Center
ALDI
Whole Foods
Orangetheory Fitness
Portillo's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-03-101-014
Land Assessment
$45,910
Improvements Assessment
$229,530
Total Assessment
$275,440
  • Listing ID: 32011079

  • Date on Market: 6/4/2024

  • Last Updated:

  • Address: 379-383 E North Ave, Villa Park, IL 60181

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