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1600 N State Route 50
Bourbonnais, IL 60914
Former JCPenney – 55K VPD · Retail Property For Sale
Investment Highlights
- AUCTION JUNE 14-16, 2021 | STARTING BID $100,000 | 55K VPD
- Neighboring national tenants include Target, Menard’s, Best Buy, Lowe’s, Meijer, Lowe’s, Starbucks, Holiday Inn, Cracker Barrel, Best Western, etc
- Zoned B-3, Village Center Shopping District allows for adaptive reuses | Local government is focused on redevelopment
- ±62,877 SF redevelopment opportunity at Northfield Square Mall, a ±600K SF regional shopping center
- High traffic ±55K VPD with optimal visibility and excellent accessibility along I-57 with ±29,017 VPD and N Kinzie Ave with ±25,630 VPD
- Dense market with 2020 population of 69,948 and average household income of $67,396 within 5-miles
Property Facts
Property Type
Retail
Property Subtype
Department Store
Building Size
61,541 SF
Building Class
B
Year Built
1990
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
5.61 AC
Zoning
B-3 - Village Center Shopping District allows for adaptive reuses | Local government is focused on redevelopment
Parking
519 Spaces (8.43 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $62,265 | |
| Land Assessment | $521,433 | Total Assessment | $583,698 |
Property Taxes
Parcel Numbers
Land Assessment
$521,433
Improvements Assessment
$62,265
Total Assessment
$583,698
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