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601 S 88th Ave 1,200 - 2,400 SF of Retail Space Available in Peotone, IL 60468
Highlights
- Space flexibility accommodating single or multi-tenant configurations.
- Anchored by respected co-tenants that drive continuous traffic to the property.
- Situated in an established travel plaza with visible frontage and direct I-57 access.
- Approximately 35,000 monthly visitors contribute to consistent customer flow.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 1,200-2,400 SF | Negotiable | $34.76 CAD/SF/YR $2.90 CAD/SF/MO $83,416 CAD/YR $6,951 CAD/MO | Full Service |
2nd Floor
This offering presents a flexible second-floor retail or service space within a modern travel center development in Peotone, Illinois. The available space, ranging from 1,200 to 2,400 square feet, is adaptable for either a single user or demised for multiple tenants based on operational needs. Currently configured as a turnkey bar, the space is fully built out and ready for immediate occupancy, minimizing upfront investment. It suits a variety of uses such as a bar, juice bar, dessert concept, or ice cream shop. The property is co-tenanted by national and regional brands, including Dunkin’ Donuts, Rosati’s, Charley’s Cheesesteaks, Mela Indian Kitchen, and The UPS Store, ensuring steady built-in foot traffic. Located along a major transit corridor, this center benefits from daily visits by travelers and professional drivers, adding to its strong customer base. Additional amenities within the center include showers, lounges, and top-tier services, promoting longer visits and generating complementary patronage.
- Rate includes utilities, building services and property expenses
- Fully Built-Out as a Drinking Establishment
- Located in Food Court
- Fully built-out turnkey bar space.
- Situated in an established travel plaza.
- Approximately 35,000 monthly visitors.
- Dedicated first-floor gaming and service amenities
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 601 S 88th Ave, Peotone, IL 60468
- Tenant
- Description
- US Locations
- Reach
- Charleys Philly Steaks
- Sub Sandwich
- 1,096
- International
- Rosati's Pizza
- Pizza
- 206
- National
- Shell
- Gasoline Station
- 16,805
- International
| Tenant | Description | US Locations | Reach |
| Charleys Philly Steaks | Sub Sandwich | 1,096 | International |
| Rosati's Pizza | Pizza | 206 | National |
| Shell | Gasoline Station | 16,805 | International |
Property Facts
| Total Space Available | 2,400 SF | Gross Leasable Area | 11,729 SF |
| Min. Divisible | 1,200 SF | Year Built | 2023 |
| Property Type | Retail |
| Total Space Available | 2,400 SF |
| Min. Divisible | 1,200 SF |
| Property Type | Retail |
| Gross Leasable Area | 11,729 SF |
| Year Built | 2023 |
About the Property
The property is located at 601 South 88th Avenue in Peotone, Illinois, directly accessible from Interstate 57 and in proximity to W. Wilmington Road. It contains a second-floor retail area within a larger travel plaza development that includes food service, retail tenants, and traveler-focused amenities. Co-tenants occupying the plaza include national QSR brands and package service providers. The property is positioned for visibility from the interstate, and it supports highway-oriented commerce through truck stop services and a diversified mix of retail options. Built-in site amenities and frequent visitor traffic create consistent activity throughout the week.
- 24 Hour Access
- Controlled Access
- Fenced Lot
- Food Court
- Property Manager on Site
- Signage
- Air Conditioning
Presented by
601 S 88th Ave
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