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Highlights

  • North Park Plaza is located on the northeast corner of the highly trafficked, signalized intersection of Route 64 at North Avenue and Addison Road.
  • More than 103,800 households populate the dense 5-mile radius with an affluent coordinating average household income of nearly $100,000.
  • Location benefits from 70,000 total encompassing vehicles passing the Villa Park location each day via all four surrounding thoroughfares.
  • National on-site tenants include Wing Stop, Chipotle, Wendy's, and Dunkin', while big-box tenants include Forman Mills and 5 Star Swap Mart.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 13
  • 1,200-2,376 SF
  • 10’
  • Negotiable
  • $35.00 /SF/YR $2.92 /SF/MO $83,160 /YR $6,930 /MO
  • Triple Net (NNN)
298 W North Ave - 1st Floor - Ste 13
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

2,376-square-foot standard retail space availability two 225amp 3-phase panels two 5-ton RTU's Space can be demised to 1200 sf

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • High End Trophy Space
  • Private Restrooms
  • Finished Ceilings: 10’
  • Strong nearby tenants
Space Size Ceiling Term Rental Rate Rent Type
1st Floor, Ste 13 1,200-2,376 SF 10’ Negotiable $35.00 /SF/YR $2.92 /SF/MO $83,160 /YR $6,930 /MO Triple Net (NNN)

298 W North Ave - 1st Floor - Ste 13

Size
1,200-2,376 SF
Ceiling
10’
Term
Negotiable
Rental Rate
$35.00 /SF/YR $2.92 /SF/MO $83,160 /YR $6,930 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

2,376-square-foot standard retail space availability two 225amp 3-phase panels two 5-ton RTU's Space can be demised to 1200 sf

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • High End Trophy Space
  • Private Restrooms
  • Finished Ceilings: 10’
  • Strong nearby tenants

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at North Park Plaza

  • Tenant
  • Description
  • US Locations
  • Reach
  • 5 Star Indoor Swap Mart
  • -
  • -
  • -
  • Chipotle
  • -
  • -
  • -
  • Discovery Clothing Co
  • -
  • -
  • -
  • Kids Empire
  • Other Retail
  • 102
  • National
  • VASA Fitness
  • Fitness
  • 79
  • National
  • Villa Park Fruit Market
  • -
  • -
  • -
Tenant Description US Locations Reach
5 Star Indoor Swap Mart - - -
Chipotle - - -
Discovery Clothing Co - - -
Kids Empire Other Retail 102 National
VASA Fitness Fitness 79 National
Villa Park Fruit Market - - -

Property Facts

Total Space Available 2,376 SF
Min. Divisible 1,200 SF
Center Type Community Center
Parking 905 Spaces
Stores 17
Center Properties 4
Frontage
982’ on Addison Rd
  • 1,243’ on North Ave
Gross Leasable Area 379,888 SF
Total Land Area 76.59 AC
Year Built 1970
Cross Streets Addison Rd

About the Property

Welcome to North Park Plaza, a high-visibility, regional retail destination located in Villa Park, Illinois, a vibrant western suburb of Chicago. Strategically positioned along Route 64/North Avenue, the property benefits from high daily traffic and excellent accessibility, including a dedicated traffic signal serving the shopping center, enhancing customer access and convenience. More than 17,635 daily passing vehicles are exposed to North Park Plaza via direct frontage. Multiple points of ingress and egress, along with prominent pylon signage, further enhance the plaza's reputation. The center features a strong and diverse tenant mix, anchored by well-known national and regional retailers such as Villa Fruit Market, Vasa Fitness, Daily Outlet, Forman Mills, Discovery Clothing, D-BAT, Kids Empire, 5 Star Swap Mart, Chipotle, Dunkin', Wendy’s, and many more. This robust co-tenancy attracts a steady stream of customers and positions North Park Plaza as a leading retail destination for the surrounding communities. The last remaining in-line retail storefront presents a prime opportunity to secure a well-established retail address with built-in customer traffic. Villa Park is less than 20 miles from the Chicago metro and is known for its family-friendly environment. Villa Park's concentration of national tenants, local restaurants, and established shopping centers is clustered along the North Avenue corridor. Other brands and establishments contributing to commercial synergy include Jewel-Osco, Whole Foods, Target, Kohl's, Walmart Supercenter, and Dollar Tree. With a dynamic mix of grocery, fitness, fashion, dining, and entertainment options, North Park Plaza delivers high consumer engagement and strong market appeal in a thriving suburban corridor.

  • Banking
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Enclosed Mall
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2025 Population
13,086
110,024
284,065
2030 Population
13,194
111,203
287,322
2025-2030 Projected Population Growth
0.8%
1.1%
1.1%
Median Age
38.5
40.4
40.8
College Degree + Higher
22%
37%
37%
Daytime Employees
9,272
54,684
221,262
Total Businesses
816
6,393
18,128
Average Household Income
$105,673
$131,956
$123,408
Median Household Income
$88,617
$104,319
$97,313
Total Consumer Spending
$146.2M
$1.5B
$3.6B
2025 Households
4,474
39,655
103,639
Average Home Value
$308,510
$437,847
$421,400

Nearby Major Retailers

The Picklr
Poke Bros.
Rent-A-Center
Starbucks
Jazzercise
Huntington National Bank
  • Listing ID: 40261033

  • Date on Market: 6/27/2024

  • Last Updated:

  • Address: 202-300 W North Ave, Villa Park, IL 60181

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