13029-13039 S La Grange Rd
Palos Park, IL 60464
Value-Add Retail Opportunity in Palos Park · Retail Property For Sale
Investment Highlights
- Newer construction center (2007) featuring Dunkin' Donuts and Perfect Smiles
- Dunkin' Donuts has leased at the center since 2006 and has lease term through December, 2026
- Value-Add Opportunity via lease-up and stabilization
- Well located along La Grange Road, just north of 131st Street, directly across the street from the Jewel-Osco anchored Shoppes at Mill Creek Center
- Visibility and exposure to over 44,000 VPD
Property Facts
Amenities
- Pylon Sign
- Signage
- Drive Thru
About 13029-13039 S LA GRANGE RD , PALOS PARK, IL 60464
Newer construction (2007) multi-tenant retail center for sale fronting La Grange Road, just north of 131st Street, in Palos Park. The center features a mix of national and local tenants including Dunkin' Donuts, Perfect Smiles, and Anetta Hair Studio. Dunkin' Donuts has leased at the center since 2006 and has lease term through December, 2026. Strong in-place NOI at the 59% occupancy rate. The center is extremely well located directly across the street from the Jewel-Osco anchored Shoppes at Mill Creek Center and adjacent to both Walgreens and Republic Bank. Dual-sided monument signage fronting La Grange Road provides visibility and exposure to over 44,000 VPD. Other neighboring retailers include Aldi, Chase Bank, Oberweis Dairy, First Midwest Bank and DaVita.
Property Taxes
| Parcel Number | 23-34-100-072-0000 | Improvements Assessment | $229,590 |
| Land Assessment | $176,016 | Total Assessment | $405,606 |
Property Taxes
