2830 S Highland Ave

2830 S Highland Ave, Lombard, IL 60148

  • For Sale Subject to Offer
  • Property Type Retail - Strip
  • Property Size 21,071 SF
  • Units 5
  • Lot Size 1.72 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2003
  • Date Updated Jan 14, 2025
The multi-tenant retail center is located along Highland Avenue in Lombard, DuPage County, Illinois. Lombard is a western suburb of Chicago located just under 20-miles west of Downtown Chicago. Lombard is an affluent, densely populated suburb with over 86,000 people within three (3) miles of the Subject Property and an average household income of over $100,000 within one (1) mile of the Property. Within Lombard, the Property is located at the corner of the heavily trafficked Highland Avenue & Butterfield Road signalized intersection providing visibility and exposure to over 52,000 VPD. The Property is conveniently located a few blocks east of Interstate-355 and one (1) block north of Interstate-88. The Property is part of a larger retail development that includes The Dump Furniture Outlet, PNC Bank, The Patio and Jimmy John’s, among others. Additionally, the Property is directly across the street from Yorktown Center, a 100+ tenant super regional mall anchored by JCPenney, Marshalls and Von Mauer. Neighboring retailers include Kohl’s, Best Buy, PetSmart, Five Below, Bed Bath & Beyond, Michaels, K&G Fashion Superstore, Dollar Tree, Ross Dress for Less, Ashley Furniture, PGA Tour Superstore, Steinhafels, Outback Steakhouse, Chipotle, Portillo’s, Burger King, and Starbucks, among many others.REO multi-tenant retail center along Highland Avenue in west suburban Lombard, Illinois (Chicago MSA). The 21,071 SF retail center is 33% occupied by Potbelly, Classy Nails and Spa, and SimonMed Imaging. At the 33% occupancy rate, the Property produces a Net Operating Income (NOI) of approximately $38,542, featuring a unique opportunity to add value via lease-up, to an already positive cash flowing asset. The center features a parking lot totaling 80-spaces (4.11/1,000 SF) and is located in the heart of Lombard’s commercial corridor, directly across from Yorktown Center, a 100+ tenant super regional mall anchored by JCPenney, Marshalls and Von Mauer. Neighboring retailers include Kohl’s, Best Buy, PetSmart, Five Below, Bed Bath & Beyond, Michaels, K&G Fashion Superstore, Dollar Tree, Ross Dress for Less, Ashley Furniture, PGA Tour Superstore, Steinhafels, Outback Steakhouse, Chipotle, Portillo’s, Burger King, and Starbucks, among many others.
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Highlights

  • Well located directly across from Yorktown Mall with visibility and exposure to over 52,000 VPD
  • The center is part of a larger development with City View at the Highlands, a 403-unit apartment complex
  • Conveniently located a few blocks east of Interstate-355 and one (1) block north of Interstate-88
  • Rare opportunity to acquire an already positive cash flowing asset with the ability to add value through lease-up and stabilization

Contacts

broker

Frontline Real Estate Partners

Location

Getting Around

  • Walk Score ®

    52/100 Somewhat Walkable
  • Transit Score ®

    36/100 Some Transit
  • Bike Score ®

    37/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Lombard, IL
  • Zip Code 60148
  • Market Chicago

Points of Interest

  • Downers Grove Main Street

    2.79 miles

  • Fairview Avenue

    2.95 miles

  • Belmont

    3.11 miles

  • Westmont

    3.33 miles

  • Lombard

    3.51 miles

  • Clarendon Hills

    4.06 miles

  • Lisle

    4.08 miles

  • College Avenue

    4.60 miles

  • Hinsdale

    4.89 miles

  • Wheaton

    5.56 miles

Frequently Asked Questions

How much does 2830 S Highland Ave cost?

The sale price for 2830 S Highland Ave is available upon request. Contact the listing broker for more information.

What is the total square footage of 2830 S Highland Ave?

2830 S Highland Ave totals 21,071 square feet.

When was this property built?

2830 S Highland Ave was built in 2003.

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Contact Listing Broker
broker

Frontline Real Estate Partners

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