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Suburban Chicago Retail portfolio 2 Retail Properties Offered at $3,715,000 in Multiple Locations


Investment Highlights
- Fully leased two-property suburban Chicago retail portfolio.
- Monument signage provides visibility at both retail centers.
- Diversified mix of service, restaurant, retail, and medical-related tenants.
- Assets serve mature residential communities throughout northwest suburban Chicago.
Executive Summary
***PLEASE EMAIL JEFF KOWAL FOR FULL OFFERING MEMORANDUM***
This suburban Chicago retail portfolio consists of two fully leased neighborhood retail centers located in established northwest suburban markets. The portfolio offers a diverse tenant mix of service-oriented, restaurant, retail, insurance, veterinary, salon, and personal care operators that provide recurring daily traffic and neighborhood convenience.
Ellen Plaza in Palatine is positioned along Quentin Road near the signalized intersection of Dundee Road and Quentin Road, benefiting from visibility and access along a corridor with traffic counts exceeding 39,400 vehicles per day. The center serves a surrounding residential base supported by household incomes and established housing stock throughout the trade area. The property features monument signage, multiple points of access, and a mix of local and regional tenants occupying the center.
The Prospect Heights property is located on Elmhurst Road just north of Camp McDonald Road and is situated within a mature retail corridor near national and local businesses. The center benefits from direct frontage along a primary commercial thoroughfare with traffic counts exceeding 17,600 vehicles per day. Its tenant roster provides a complementary mix of food service and personal service uses that support consistent neighborhood visitation.
Together, the properties provide investors with two stabilized retail assets in established suburban locations. The portfolio is offered as a fully leased investment with diversified tenancy, frontage along heavily traveled roadways, and exposure to densely populated residential communities throughout the northwest Chicago metropolitan area.
This suburban Chicago retail portfolio consists of two fully leased neighborhood retail centers located in established northwest suburban markets. The portfolio offers a diverse tenant mix of service-oriented, restaurant, retail, insurance, veterinary, salon, and personal care operators that provide recurring daily traffic and neighborhood convenience.
Ellen Plaza in Palatine is positioned along Quentin Road near the signalized intersection of Dundee Road and Quentin Road, benefiting from visibility and access along a corridor with traffic counts exceeding 39,400 vehicles per day. The center serves a surrounding residential base supported by household incomes and established housing stock throughout the trade area. The property features monument signage, multiple points of access, and a mix of local and regional tenants occupying the center.
The Prospect Heights property is located on Elmhurst Road just north of Camp McDonald Road and is situated within a mature retail corridor near national and local businesses. The center benefits from direct frontage along a primary commercial thoroughfare with traffic counts exceeding 17,600 vehicles per day. Its tenant roster provides a complementary mix of food service and personal service uses that support consistent neighborhood visitation.
Together, the properties provide investors with two stabilized retail assets in established suburban locations. The portfolio is offered as a fully leased investment with diversified tenancy, frontage along heavily traveled roadways, and exposure to densely populated residential communities throughout the northwest Chicago metropolitan area.
Property Facts
| Price | $3,715,000 | Status | Active |
| Price / SF | $221.46 / SF | Number of Properties | 2 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 2 |
| Cap Rate | 8.40% | Total Building Size | 16,775 SF |
| Sale Type | Investment | Total Land Area | 1.36 AC |
| Price | $3,715,000 |
| Price / SF | $221.46 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 8.40% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 2 |
| Total Building Size | 16,775 SF |
| Total Land Area | 1.36 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Ellen Plaza
1557-1589 N Quentin Rd, Palatine, IL 60074 |
Retail | 11,780 SF | 2005 | $2,401,000 |
| 6 N Elmhurst Rd, Prospect Heights, IL 60070 | Retail | 4,995 SF | 1986 | $1,314,000 |
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Suburban Chicago Retail portfolio
