Log In/Sign Up
Your email has been sent.
Glenwood Plaza 18409 S Halsted St 29,000 SF Retail Building Glenwood, IL 60425 $15,690,715 CAD ($541.06 CAD/SF) 17.35% Cap Rate
Investment Highlights
- Newly Built 2022 | 29,000 Total Building Sq Ft
- Over $8.7M in combined annual revenue
- Excellent location just over 1-mile to I-80 interchange
- Class 8 Tax Incentive Approved 2025
- Ability to separate real estate from the businesses and structure with new market-rate leases negotiated prior to closing
- Excellent systems in place for passive investment opportunity
Executive Summary
A Premier opportunity to acquire a 29,000 Sq Ft retail center built in 2022 on 2.5 Acres with 2 High Revenue businesses included in the sale. Ideally positioned on Halsted St with 35,200 Daily traffic count and just over 1 Mile from I-80-Halsted Interchange that has 186,000 daily traffic count. Average household income of $110,000 within a 1-mile radius. Class 8 Tax Incentive approved in 2025. Whether you’re an owner-user or an investor, this property represents a rare opportunity to secure a large, high-visibility commercial asset in a strong south suburban Chicago location.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
29,000 SF
Building Class
B
Year Built
2022
Price
$15,690,715 CAD
Price Per SF
$541.06 CAD
Cap Rate
17.35%
NOI
$2,722,175 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
1.59 AC
Frontage
284’ on South Halsted Street
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $620,826 CAD | |
| Land Assessment | $71,030 CAD | Total Assessment | $691,856 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$71,030 CAD
Improvements Assessment
$620,826 CAD
Total Assessment
$691,856 CAD
1 of 32
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Glenwood Plaza | 18409 S Halsted St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.