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Investment Highlights

  • T.J. Maxx has been operating at this location since 2005, recently exercised its third 5-year renewal option, carrying the term through January 2031.
  • Strong YOY sales growth.
  • The Property anchors Washington Park Plaza, a premier 230,287-square-foot open-air shopping center with 2.9M annual visitors.
  • Below-market rent.
  • Exceptional visibility and exposure to 47,000 vehicles per day, just one mile south of the I-294 and Halsted Street interchange.
  • Nearby developments including first AAA four diamond casino in IL.

Executive Summary

CBRE’s Net Lease Property Group – Midwest is pleased to offer the opportunity to acquire the fee simple interest in T.J. Maxx at Washington Park Plaza in Homewood, IL. The tenant recently exercised its third 5-year renewal option at the contractual rent, extending the lease term through January 2031.
Strategically located within Washington Park Plaza – Homewood’s premier retail destination, which attracts approximately 2.9 million annual visitors - T.J. Maxx benefits from strong foot traffic driven by neighboring national retailers such as Best Buy, Ross, Five Below, Petco, and Old Navy.
T.J. Maxx operates as a wholly owned subsidiary of The TJX Companies, Inc., the leading global off-price retailer, with more than 5,000 stores in nine countries and approximately 1,340 locations across the U.S. alone. The brand is a cornerstone of TJX’s diversified portfolio, which also includes Marshalls, HomeGoods, Sierra, Winners, and TK Maxx. TJX’s business model-offering brand-name apparel, home fashions, and accessories at prices typically 20%-60% below full-price retail- generates high customer loyalty through a “treasure-hunt” shopping experience. TJX Companies reported fiscal 2025 net revenues of approximately $56.4 billion, a 4% year-over-year increase. TJX Companies, Inc. is a Fortune 100 off-price retail leader

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
31,974 SF
Building Class
B
Year Built
2005
Price
$5,142,342 CAD
Price Per SF
$160.83 CAD
Cap Rate
7%
NOI
$359,964 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
9.05 AC
Zoning
B-4 PUD - B-4 PUD: Shopping Center District - Planned Unit Development
Parking
88 Spaces (2.75 Spaces per 1,000 SF Leased)
Frontage
830’ on Kedzie Avenue

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • T.J. Maxx
  • Retailer
  • 31,974 SF
  • -
  • Jan 2031
Tenant Industry SF Occupied Rent/SF Lease End
T.J. Maxx Retailer 31,974 SF - Jan 2031
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100

Nearby Major Retailers

Starbucks
Harold's Chicken Shack
Chili's Grill & Bar
Five Guys
Bank of America
Huntington National Bank
BMO
Jewel-Osco
Fifth Third Bank
Anytime Fitness

Property Taxes

Property Taxes

Parcel Number
29-32-200-095-0000
Land Assessment
$887,057 CAD
Improvements Assessment
$4,213,867 CAD
Total Assessment
$5,100,924 CAD
  • Listing ID: 40078890

  • Date on Market: 2026-04-08

  • Last Updated:

  • Address: 17900 Halsted St, Homewood, IL 60430

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