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17900 Halsted St
Homewood, IL 60430

$3,569,000 USD

General Retail For Sale  •  31,974 SF

Property Details

  • Property Type General Retail
  • Total Building Size 31,974 SF
  • Lot Size 9.05 AC
  • Building Class B
  • Year Built 2005
  • Cap Rate 7.30 %
  • Tenancy Single
  • Zoning B-4 PUD
40 Transit Score
50 Walk Score

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.
Below-market rent.
Strong YOY sales growth.
Exceptional visibility and exposure to 47,000 vehicles per day, just one mile south of the I-294 and Halsted Street interchange.
The Property anchors Washington Park Plaza, a premier 230,287-square-foot open-air shopping center with 2.9M annual visitors.
Nearby developments including first AAA four diamond casino in IL.
Cap Rate: 7.30 %

Major Tenants

Tenant SF Occupied Lease End Date
T.J. Maxx 31,974 SF 1/31/2031

Public Transportation

Commuter RailDriveWalkDistance
Homewood Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 8 min - 2.4 mi
Hazel Crest Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra)) 8 min - 2.8 mi
AirportDriveWalkDistance
Chicago Midway International 39 min - 20.2 mi
Chicago O'Hare International 74 min - 41.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 88
Type: Surface
Included in Rent: Yes
Michael Kaider CBRE, Inc.
Michael Kaider CBRE, Inc.