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Investment Highlights

  • 100% occupied multi-tenant retail center along Yorkville’s high-traffic Route 47 corridor
  • Diverse service-oriented tenant mix including Anytime Fitness, Southern Belle, Verlo Mattress, and LA Tan
  • Attractive investor yield with ~7.2% current cap rate and ~7.7% pro-forma cap rate
  • Strong in-place NOI of approximately $215K with projected NOI growth to ~$227K
  • Approximately 262’ of frontage with excellent visibility and access from Route 47
  • Built-in upside through contractual rent increases and future lease rollover opportunities

Executive Summary

Fully Leased Shopping Center in Yorkville
Tenants Include: Southern Belle (Restaurant), LA Tan, Anytime Fitness, & Verlo Mattress.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
14,916 SF
Building Class
C
Year Built
2007
Price
$2,985,991
Price Per SF
$200.19
Cap Rate
7.20%
NOI
$214,991
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
1.31 AC
Zoning
B-3
Parking
75 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
262’ on Route 47 Hwy

Amenities

  • Signalized Intersection

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Arts, Entertainment, and Recreation
  • 99,999 SF
  • -
  • -
  • Jan 0000

Anytime Fitness is a global fitness franchise headquartered in Woodbury, Minnesota, and was founded in 2002. The company operates under Self Esteem Brands, its parent organization, which later merged with Orangetheory Fitness to form Purpose Brands. Anytime Fitness was established to provide members round-the-clock gym access through compact, convenience-focused fitness centers. Its franchising model accelerated rapid expansion and helped position it as a major international fitness brand. Over the years, Anytime Fitness has developed a significant global footprint supported by accessible membership options and consistent gym formats. The organization maintains a privately held structure under its parent company and continues to build on its original mission of providing accessible fitness solutions. Notable milestones include its large-scale international growth and the strategic merger that created a broader wellness-focused holding company.

  • Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

L.A. Tan was first established in the early 1990s in Lincolnwood, Illinois. Nick Patel, the current owner and CEO of L.A. Tan, has operated this chain since 2001. What started as a four store chain, now has over 130 locations in four different states. All of the L.A. Tan locations are networked through a computer interface that allows L.A. Tan patrons to tan at any L.A. Tan salon nationwide. L.A. TAN is the fastest growing tanning salon chain in the Midwest region with over 130 salons. L.A TAN’s state of the art tanning salons are managed by highly trained and certified skin care professionals. These professionals provide complete skin care consultation with customized packages, best suited for individual skin type. Each Salon offers over 5 different levels of tanning. Their salons carries specially selected, top-of-the-line lotions to help them achieve a deeper,faster and longer-lasting tan.

  • Accommodation and Food Services
  • 99,999 SF
  • -
  • -
  • Jan 0000

Here at Southern Belle’s, we strive to provide you a wholesome breakfast & lunch. We promise to do our best to prepare your meal just the way you like it using the freshest ingredients seasonally available. Sit back and let us do the dishes!

  • Verlo Mattress
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Arts, Entertainment, and Recreation 99,999 SF - - Jan 0000
Services 99,999 SF - Lorem Ipsum Jan 0000
Accommodation and Food Services 99,999 SF - - Jan 0000
Verlo Mattress Retailer 99,999 SF - Lorem Ipsum Jan 0000
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Scooter's Coffee
Old Second National Bank

Property Taxes

Property Taxes

Parcel Number
02-32-480-011
Land Assessment
$61,786
Improvements Assessment
$293,265
Total Assessment
$355,051
  • Listing ID: 40389951

  • Date on Market: 5/4/2026

  • Last Updated:

  • Address: 58-98 E Schoolhouse Rd, Yorkville, IL 60560

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