2830 S Highland Ave

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.