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3800 E Main St 797,000 SF 100% Leased Retail Building St Charles, IL 60174 For Sale
INVESTMENT HIGHLIGHTS
- Rarely available approx 72.94 acre site in the heart of west suburban St. Charles
- Co-tenancy includes strong performing Von Maur, successful Classic Cinemas, Coopers Hawk, Starbucks, Chipotle, and Verizon
- Located along East Main Street (IL Route 64) with visibility to over 33,000 VPD and immediate access to both Kirk Road and Smith Road
- Ideal location within a growing and highly affluent western suburb of Chicago, with high demand for quality housing and mixed-use development
- Surrounded by strong demographics and major national retailers in both directions along Route 64
- Approx. three (3) miles west of Route 59 with seamless access to the affluent communities of Naperville, Geneva, and Batavia
EXECUTIVE SUMMARY
Master redevelopment opportunity at the Charlestowne Mall site in west suburban St. Charles (Chicago MSA). Strategically positioned along Main Street (Route 64), between Kirk and Smith Roads, the site is conveniently located in the heart of suburban St. Charles. Currently home to the Charlestowne Mall, the site features approx. 72.94 acres and is
zoned PUD: Planned Unit Development. Surrounded by strong demographics and major retailers including Walmart, Target, Meijer, Starbucks, and Cooper’s Hawk, the site is ideally positioned for redevelopment, featuring exceptional visibility, access, and long-term growth potential in an affluent west suburban market.
zoned PUD: Planned Unit Development. Surrounded by strong demographics and major retailers including Walmart, Target, Meijer, Starbucks, and Cooper’s Hawk, the site is ideally positioned for redevelopment, featuring exceptional visibility, access, and long-term growth potential in an affluent west suburban market.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
797,000 SF
Building Class
B
Year Built
1991
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.25
Lot Size
72.94 AC
Zoning
PUD - Planned Development
Parking
7,173 Spaces (9 Spaces per 1,000 SF Leased)
Frontage
2,431’ on E Main St
AMENITIES
- Banking
- Dedicated Turn Lane
- Food Court
- Restaurant
- Signage
- Signalized Intersection
- Kiosk/Cart Space
- Enclosed Mall
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $783,022 | |
| Land Assessment | $949,179 | Total Assessment | $1,732,201 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$949,179
Improvements Assessment
$783,022
Total Assessment
$1,732,201
CONTACTS
-
Matt Tarshis -
Zack Pearlstein -
Andrew Picchietti -
Andrew Slovis -
Andrew Rubin -
Frontline Real Estate Partners
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3800 E Main St
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