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Hillcrest Shopping Center 1701-1799 N Larkin Ave 253,138 SF 99% Leased Retail Building Crest Hill, IL 60403 For Sale
INVESTMENT HIGHLIGHTS
- Kroger Backed Food 4 Less Anchor
- Service-Oriented Tenant Mix with Long Operating History
- Will County Location — Low Predictable NNN Expense Structures
- Recent Leasing Momentum Highlighting Underlying Real Estate Fundamentals
- Irreplaceable Location & Excellent Frontage within the Chicago MSA
EXECUTIVE SUMMARY
Hillcrest Shopping Center is highly visible from the signalized intersection of Larkin Road and Plainfield Avenue with traffic counts exceeding 47,500 VPD. The Property is also approximately 3 miles south of Interstate 55 which sees over 60,000 vehicles per day. The Property serves a dense trade area with over 142,000 residents earning an average household income of $86,808. According to Placer.ai, Hillcrest Shopping Center ranked in the top 25 percent of shopping centers nationwide with over 2 million visits in 2024. Furthermore, Harbor Freight is the #1 store within a 15-mile radius and Dollar Tree is in the 30th percentile for its chain nationwide.
PROPERTY FACTS
AMENITIES
- Banking
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Retailer
- -
- -
-
Jan 0000
The Kroger Family of Companies is committed to community engagement, positive social impact and charitable giving at the national and local levels. Every community is unique, but their common goal is to partner with the neighborhoods they serve and help the people there live healthier lives. One of the ways in which they do this is through their Food 4 Less Community Rewards program. This program makes fundraising easy by donating to local organizations based on the shopping you do every day. Once you link your Card to an organization, all you have to do is shop at Food 4 Less and swipe your Shopper’s Card.
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- Retailer
- -
- -
-
Jan 0000
Harbor Freight Tools is a privately held discount tool and equipment retailer founded in 1977 by Eric Smidt and Allan Smidt. Headquartered in Calabasas, California, the company began as a mail-order business and opened its first retail store in 1980. Harbor Freight operates over 1,600 stores across 48 states and employs more than 30,000 people. The retailer offers a wide range of products, including hand tools, power tools, automotive equipment, generators, and shop supplies, marketed under proprietary brands such as Pittsburgh, Bauer, Hercules, and U.S. General. Harbor Freight’s business model focuses on direct sourcing from manufacturers to reduce costs and provide tools at prices significantly lower than competitors. The company also maintains a strong e-commerce presence and offers financing options, loyalty programs, and extended service plans. Harbor Freight remains family-owned and is recognized for its commitment to affordability and value in the tool retail industry.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Retailer | - | - | Jan 0000 | ||
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Retailer | - | - | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 103
- 1,170 SF
- Office
- -
- Now
Great space.
Great space.
Great space.
Great space.
- 317
- 875 SF
- Office
- -
- Now
Great space.
| Space | Size | Space Use | Position | Available |
| 103 | 1,170 SF | Office | - | Now |
| 203 | 1,322 SF | Office/Retail | - | Now |
| 304 | 2,000 SF | Retail | In-Line | 30 Days |
| 315 | 750 SF | Retail | In-Line | 30 Days |
| 316 | 1,648 SF | Retail | In-Line | 30 Days |
| 317 | 875 SF | Office | - | Now |
| 318 | 700 SF | Retail | In-Line | 30 Days |
103
| Size |
| 1,170 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
203
| Size |
| 1,322 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
304
| Size |
| 2,000 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
315
| Size |
| 750 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
316
| Size |
| 1,648 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
317
| Size |
| 875 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
318
| Size |
| 700 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
203
| Size | 1,322 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Great space.
304
| Size | 2,000 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | 30 Days |
Great space.
315
| Size | 750 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | 30 Days |
Great space.
316
| Size | 1,648 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | 30 Days |
Great space.
318
| Size | 700 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | 30 Days |
Great space.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 11-04-31-404-012 | Improvements Assessment | $2,669,674 |
| Land Assessment | $2,197,351 | Total Assessment | $4,867,025 |
PROPERTY TAXES
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Hillcrest Shopping Center | 1701-1799 N Larkin Ave
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