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17510 S Halsted St
Homewood, IL 60430
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
19,215 SF
Building Class
C
Year Built/Renovated
1993/2011
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.98 AC
Zoning
B-5, Homewood
Parking
96 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
262’ on Halsted St

AMENITIES

  • Signage

ABOUT 17510 S HALSTED ST , HOMEWOOD, IL 60430

Buffalo Wild Wings & Dollar Tree NNN Leased Retail The subject property is a two tenant, retail pad building on a outlot of a new Walmart in Homewood, Illinois leased to the largest franchisee of Buffalo Wild Wings and a corporate Dollar Tree store. Both tenants are paying approximately 20% below market rents so this is a win-win for the new owner. If they stay with the increased rental bumps coming, you have two very strong brands or you have the ability to increase revenue significantly with new tenants. The Buffalo Wild Wings is operated by Diversified Restaurant Holdings, Inc. (NASDAQ:SAUC) which is their largest franchisee of the iconic sports bar restaurant. DRH has 64 BWW restaurants located in key urban and suburban markets in Florida, Illinois, Indiana, Michigan and Missouri. Dollar Tree, Inc. is a customer-oriented, value-driven variety store operating at a one dollar price point. Dollar Tree is the largest and most successful single-price-point retailer in North America, operating thousands of stores across 48 contiguous U.S. states and five Canadian provinces, supported by a solid and scalable logistics network. In 2016 they had sales increase of 5% to $5.64 Billion in annual sales. Homewood is a village in Cook County, Illinois, and a suburb of Chicago. The population was 19,323 at the 2010 census. In 2007, Forbes magazine rated Homewood as one of the three most "livable" suburbs in the Chicago Metropolitan Area. While Homewood's has its bustling downtown business district with one-of-a-kind boutiques, specialty shops, and restaurants ranging from the traditional to urban chic.This property is on an outlot of a new Walmart located along the Halsted Street Corridor. Some other well-known franchises including Target, TJ Maxx, Chipotle, Kohls, Best Buy, and Home Depot among many others.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-32-200-055-0000
Land Assessment
$57,625
Improvements Assessment
$81,718
Total Assessment
$139,343
  • Listing ID: 6761847

  • Date on Market: 4/13/2017

  • Last Updated:

  • Address: 17510 S Halsted St, Homewood, IL 60430

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