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$3,574,000
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Property Description
Premier Investment Opportunity - Fully Leased Strip Center in Prime Suburban Chicago Location. Presenting a rare opportunity to acquire a premier commercial asset in one of Chicago's most sought-after suburban markets. This fully occupied strip center offers 25,000 square feet of retail space with over 400 feet of frontage along high-visibility W. 22nd Street, which sees more than 18,600 vehicles per day. Situated on a generous 1.99-acre lot, the property features a strong and diverse tenant mix, anchored by a prominent national retailer. All tenants are secured under NNN leases, providing minimal landlord responsibilities and stable, predictable cash flow. This investment combines location, stability, and strong income potential-an ideal addition to any real estate portfolio.
Full Property Details
Full Property Details for MLS# 12341374
General
- Sold For: $3,574,000
- Taxes: $95,183 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12341374
- Added to Site: 269 day(s) ago
Business
- Business Type: Retail
Interior
- Interior Features: Private Restroom(s)
Additional Information
- Security/Safety: Sprinklers (Wet)
Location
- Area: Lombard
- County: DuPage
- Driving Directions: W. 22nd St. just East of Finley Rd. on North side of the street
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Onsite: Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 1
- Square Feet: 24,397
- Current Bldg. Use: Commercial
- Year Built: 1975
Unit Information
- # Tenants: 13
Lot Features
- Lot Size (Sq. Ft.): 86,684
- Lot Dimensions: 160 x 435
- Frontage: City Street
- Zoning: RTAIL
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $92,989
- Security Deposit: Sprinklers-Wet
- Assessment Year: 1975
- Tax Amount: $95,183
- Tax Year: 2023
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Scavenger, Structure
Disclosures and Reports
- Documents Avail.: Demographics, Rent Roll, Tax Bill, Traffic Counts
- Property ID: 630200029
Listed by Fulton Grace Realty
Sold by Non Member
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Schools
Schools serving MLS# 12341374
School Districts:Lombard School District 44, Glenbard Township High School District 87
| Name | Grades | Distance |
|---|---|---|
Manor Hill Elementary School 1464 South Main Street, Lombard, IL 60148 | K-5 | 0.7 mi |
Butterfield Elementary School 2S500 Gray Ave, Lombard, IL 60148 | PK-5 | 1 mi |
Wm Hammerschmidt Elementary School 617 Hammerschmidt Avenue, Lombard, IL 60148 | PK-5 | 2 mi |
Glenn Westlake Middle School 1514 South Main Street, Lombard, IL 60148 | 6-8 | 0.6 mi |
Glenbard East High School 1014 South Main Street, Lombard, IL 60148 | 9-12 | 1.5 mi |
Madison Elementary School, Lombard, IL 150 West Madison Street, Lombard, IL 60148 | PK-5 | 2.1 mi |
Park View Elementary School, Lombard, IL 341 North Elizabeth Street, Lombard, IL 60148 | K-5 | 3.4 mi |
Pleasant Lane Elementary School 401 North Main Street, Lombard, IL 60148 | K-5 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for MLS# 12341374
Date
Details
Price
Change
Source
7/21/2025
Sold
$3,574,000
-19.69%
MLS
4/21/2025
Listed
$4,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
MLS# 12341374, Lombard, IL 60148 (MLS# 12341374) is a Commercial property that was sold at $3,574,000 on July 21, 2025. Want to learn more about MLS# 12341374? Do you have questions about finding other Commercial real estate for sale in Lombard? You can browse all Lombard real estate or contact a Coldwell Banker agent to request more information.

