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Irving Park Shopping Plaza 865-895 Maplewood Dr 12,484 SF 100% Leased Retail Building Itasca, IL 60143 $1,700,000 ($136.17/SF)
INVESTMENT HIGHLIGHTS
- Size: ±13,000 SF strip center
- Location: High-visibility, high-traffic area at the entrance to Spring Lake Business Park
- Parking: 65 dedicated spaces
EXECUTIVE SUMMARY
Prime Investment Opportunity in Itasca!
Exceptional chance for investors to acquire a high-visibility strip center in a high-traffic area of Itasca. Currently owner-occupied, with ownership vacating upon sale, offering immediate potential for repositioning or lease-up.
This property features nearly 13,000 SF of flexible retail space with up to four storefronts possible, ideal for a variety of tenants. The site includes 65 parking spaces and six rooftop HVAC units ensuring optimal comfort and convenience.
Located at the entrance of the Spring Lake Business Park, this property offers outstanding exposure and accessibility—an ideal setup for an investor seeking strong ROI potential and long-term value growth.
Exceptional chance for investors to acquire a high-visibility strip center in a high-traffic area of Itasca. Currently owner-occupied, with ownership vacating upon sale, offering immediate potential for repositioning or lease-up.
This property features nearly 13,000 SF of flexible retail space with up to four storefronts possible, ideal for a variety of tenants. The site includes 65 parking spaces and six rooftop HVAC units ensuring optimal comfort and convenience.
Located at the entrance of the Spring Lake Business Park, this property offers outstanding exposure and accessibility—an ideal setup for an investor seeking strong ROI potential and long-term value growth.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Building Size
12,484 SF
Building Class
B
Year Built
1999
Price
$1,700,000
Price Per SF
$136.17
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.50 AC
Zoning
B-2 - zoned B-2 Community Business District
Parking
64 Spaces (5.13 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- America's Best Train & Hobby
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| America's Best Train & Hobby | Retailer | - | - | - |
PROPERTY TAXES
| Parcel Number | 03-07-103-014 | Improvements Assessment | $360,040 |
| Land Assessment | $229,123 | Total Assessment | $589,163 |
PROPERTY TAXES
Parcel Number
03-07-103-014
Land Assessment
$229,123
Improvements Assessment
$360,040
Total Assessment
$589,163
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Irving Park Shopping Plaza | 865-895 Maplewood Dr
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