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1 Sauk Plz
Sauk Village, IL 60411
Retail Property For Sale
Investment Highlights
- A new Family Dollar/Dollar Tree dual concept store opened at the center in July 2024.
- The center has undergone major improvements including the replacement of the parking lot in 2023 and the partial replacement of the roof.
- Well-balanced tenant mix including the Children’s Place Learning Center, Life in Christ Church, Amy’s Cafe and the popular Sharks Fish & Chicken
- Sauk Plaza features healthy cash flows and a solid tenancy with upside in leasing the remaining two suites consisting of 7,600 & 9,000 SF.
Executive Summary
LM Commercial is pleased to present this value-add investment opportunity in the heart of Sauk Village, IL. Sauk Plaza Shopping Center consists of a multi-tenant retail center comprising 51,032 square feet and located at 1 Sauk Trail in Sauk Village, IL. Situated on a 5.37-acre site at the southeast corner of Sauk Trail and Torrence Ave, Sauk Plaza is a well-established center, having been the predominant community center serving the area for many years.
In July 2024, a new Family Dollar/Dollar Tree dual concept store opened at the center, commencing a 5-year lease, with four five-year options, and comprising a combined 23,171 square feet (45.4% of the center). Please see the Tenant Summaries for additional tenant detail.
The 67% leased center has a diverse, well-balanced tenant mix including the Children’s Place Learning Center (4,675 SF), Life in Christ Church (3,731 SF), Amy’s Cafe (1,863 SF) and the popular Sharks Fish & Chicken (992 SF).
The center is well positioned in the community and fronts Sauk Trail, the city’s main thoroughfare. Other national retailers, including Walgreens and Dunkin Donuts, are located across the street. Additionally, the center is within three miles of the I- 394 and Lincoln Highway (Route 30) interchange serving the south Chicago suburbs and northwest Indiana.
In July 2024, a new Family Dollar/Dollar Tree dual concept store opened at the center, commencing a 5-year lease, with four five-year options, and comprising a combined 23,171 square feet (45.4% of the center). Please see the Tenant Summaries for additional tenant detail.
The 67% leased center has a diverse, well-balanced tenant mix including the Children’s Place Learning Center (4,675 SF), Life in Christ Church (3,731 SF), Amy’s Cafe (1,863 SF) and the popular Sharks Fish & Chicken (992 SF).
The center is well positioned in the community and fronts Sauk Trail, the city’s main thoroughfare. Other national retailers, including Walgreens and Dunkin Donuts, are located across the street. Additionally, the center is within three miles of the I- 394 and Lincoln Highway (Route 30) interchange serving the south Chicago suburbs and northwest Indiana.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
37,765 SF
Building Class
C
Year Built/Renovated
1960/2023
Price
$4,393,888 CAD
Price Per SF
$116.35 CAD
Percent Leased
56%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
3.37 AC
Opportunity Zone
Yes
Parking
247 Spaces (4.84 Spaces per 1,000 SF Leased)
Frontage
213’ on Sauk Trl
Amenities
- Restaurant
- Signage
Property Taxes
| Parcel Number | 33-30-300-017-0000 | Improvements Assessment | $297,987 CAD |
| Land Assessment | $276,910 CAD | Total Assessment | $574,896 CAD |
Property Taxes
Parcel Number
33-30-300-017-0000
Land Assessment
$276,910 CAD
Improvements Assessment
$297,987 CAD
Total Assessment
$574,896 CAD
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