379 AveVilla Park, IL 60181

For Sale
$1,906,800

8,400 SF Strip Center, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
92
This freestanding retail center, totaling 8,400 square feet, presents a compelling owner-user, investment, or redevelopment opportunity. Situated on a 0.38-acre lot at the signalized corner of North and Villa Avenues in Villa Park, Illinois (60181), this property boasts excellent visibility and accessibility. Currently featuring three units with 52% occupancy, including one long-term tenant, the center offers significant potential. The building, constructed in 1979, is zoned C-3 and benefits from its location on North Avenue, a major east-west retail corridor with over 46,000 vehicles per day (VPD). Its proximity to Route 83 and the Union Pacific West Metra Rail Line (1.4 miles) further enhances its appeal. The property draws from a strong regional market including Villa Park, Elmhurst, Lombard, and Oak Brook. The asking price is $1,906,800, translating to $227 per square foot. This prime location and flexible use potential make this an exceptional opportunity for a discerning buyer. The property is a single-story building with excellent access at a signalized intersection. This is a value-add/redevelopment opportunity with potential for increased occupancy and rental income.

Highlights

  • Owner-user, investment, or redevelopment opportunity.
  • One tenant (nail salon) and two vacant suites.
  • High-visibility corner lot at a signalized intersection of North and Villa Avenues.
  • 1.4 miles to Union Pacific West Metra station.
  • Convenient access to I-290 via Route 83 and I-294 via North Avenue.

Property Details for 379 Ave

Property type
Neighborhood centers, Other retail properties
Square Feet
8,400 SF
Year Built
1979
Buildings
1
Stories
1
Lot Size (sq. ft)
16,553 SF
Units
3

Location Insight

City
Villa Park
County
DuPage
State
Illinois
Latitude
41.905562647391
Longitude
-87.969292502054
379 Ave, Villa Park, Illinois

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379 Ave
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