Park Place Plaza

17627-31 S. Halsted Street | Homewood, IL 60430

Negotiable

Lease Rate

Property Details

Lease Rate:Negotiable
Year Built:1992
Property Type:Retail
Building Size:4,045 SF

Property Description

17627 - 1,500 sf (Former Subway)

L-1 - The Former Subway Space is 1,500 sf in size, retail that is fully built out includes Walk in Cooler, Freezer, Coke Machine, Cold unit, Coffee Brewer, Bubbler, 4 Compartment Sink, Grease Trap. There is no hood as this was a former Subway Sandwich Shop. There is no drive thru at this location, and I am unknown if the village of Homewood would permit one.

Location Description

Discover the vibrant community surrounding Park Place Plaza. Located in Homewood, IL, this dynamic area is known for its diverse shopping, dining, and entertainment options. The property is within close proximity to the bustling downtown area, offering an array of charming boutiques, popular restaurants, and well-established local businesses. Nearby attractions include the Homewood Science Center, the Homewood-Flossmoor Park District, and the award-winning Irons Oaks Environmental Learning Center, providing ample opportunities for recreation and education. With its convenient location and thriving commercial landscape, the area surrounding Park Place Plaza offers an enticing opportunity for retail and street retail investors or tenants.

Highlights

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IL #475.165136

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Name Space Type Space Size Lease Rate Lease Term
L-1 Former Subway - 17627 Street Retail 1,500 SF Negotiable Negotiable
L-1 Former Subway - 17627

L-1 - The Former Subway Space is 1,500 sf in size, retail that is fully built out includes Walk in Cooler, Freezer, Coke Machine, Cold unit, Coffee Brewer, Bubbler, 4 Compartment Sink, Grease Trap. There is no hood as this was a former Subway Sandwich Shop. There is no drive thru at this location, and I am unknown if the village of Homewood would permit one. Asking Rental Rate is $38.00 sf NNN, Est Tax - $14.42 sf, Est CAM - $8.16. Total monthly rent is $7,572.50. Tenants are responsible for their own utilities to the space.


Name L-1 Former Subway - 17627
Space Type Street Retail
Space Size 1,500 SF
Lease Rate Negotiable
Lease Term Negotiable
1 Miles 3 Miles 5 Miles
Total households 2,412 27,794 88,946
Total population 5,534 71,063 220,600
Persons per household 2.3 2.6 2.5
Average household income $62,649 $69,893 $63,893
Per capita income $27,305 $27,336 $25,761
Average house value $115,847 $134,641 $127,740
Average age 40.9 38.5 38
Average age male 37.2 34.8 35.1
Average age female 42.9 41 40.6
Population hispanic 5.3% 12.0% 13.5%
Population non-hispanic 5,240 62,499 190,818
Population white 31.0% 31.6% 24.0%
Population black 64.8% 60.3% 67.0%
Population american indian 0.0% 0.1% 0.1%
Population asian 0.9% 1.2% 0.9%
Population pacific islander 0.0% 0.0% 0.0%
Population other 1.0% 2.6% 4.6%
2020 American Community Survey (ACS)