Theodore Plaza 800 Theodore 15,000 SF 100% Leased Retail Building Crest Hill, IL 60403 $2,032,000 ($135.47/SF) 8.50% Cap Rate

INVESTMENT HIGHLIGHTS

  • High Traffic Count
  • Potential Value ad with rental increases
  • Long lease terms

EXECUTIVE SUMMARY

This offering presents a fully occupied ±15,000 square foot multi-tenant retail strip center located at the intersections of Theodore Street, Prairie Avenue,
and Raynor Avenue in Crest Hill, Illinois. There are two parcels, totaling +/- 1 Acre and features strong, local (Amazon proof) tenants, long-term leases with annual increases, and immediate in-place cash flow, making it an attractive investment opportunity. This Deal is being offered at an aggressive 8.5% capitalization rate. All lease terms and financials available upon NDA execution.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
15,000 SF
Building Class
C
Year Built/Renovated
1960/2023
Price
$2,032,000
Price Per SF
$135.47
Cap Rate
8.50%
NOI
$172,793
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
1.00 AC
Zoning
B - 1 - NEIGHBORHOOD BUSSINESS/RETAIL
Parking
63 Spaces (4.2 Spaces per 1,000 SF Leased)
Frontage
300’ on THEODORE STREET

AMENITIES

  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Monument Signage
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • AXO Brands
  • Professional, Scientific, and Technical Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Carniceria Flores Grocery Store
  • Accommodation and Food Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Estillos Hair Salon
  • Professional, Scientific, and Technical Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Greg Smutnak Barber
  • Professional, Scientific, and Technical Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Marchellonis Pizza
  • Accommodation and Food Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • My Waffle Restaurant
  • Accommodation and Food Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
AXO Brands Professional, Scientific, and Technical Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Carniceria Flores Grocery Store Accommodation and Food Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Estillos Hair Salon Professional, Scientific, and Technical Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Greg Smutnak Barber Professional, Scientific, and Technical Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Marchellonis Pizza Accommodation and Food Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
My Waffle Restaurant Accommodation and Food Services 99,999 SF $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

  • Listing ID: 36701462

  • Date on Market: 7/11/2025

  • Last Updated:

  • Address: 800 Theodore, Crest Hill, IL 60403