Somerset Plaza | Unanchored Strip Retail | DuPage… — Sale in Willowbrook, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Willowbrook, IL 60527
Photos
Investment Figures
- Cap rate
- 8.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Priced below replacement cost at $170.80 per square foot, this multi-tenant center offers a value-add opportunity through leasing the 3,614 square feet of vacant space and no contractual renewal options provides landlord flexibility. The property features a weighted average tenant tenure of 9.35 years, including Five Star Pantry with more than 30 years of occupancy at the center and Distinctive Dental with more than 25 years. The center serves a dense surrounding residential base of apartments, condominiums, townhomes and senior housing, with 33,630 residents and an average household income of $145,686 within three miles. The property also fills a notable retail and restaurant void in the immediate trade area. Positioned along Kingery Highway/Route 83 (29,100 VPD), the property is 1.5 miles south of Interstate 55 (145,300 VPD) and near a major industrial corridor serving Willowbrook and Burr Ridge. Approximately two miles from Argonne National Laboratory, the property also benefits from a strong employment base and a daytime population of 42,494. Investment Highlights: • Value-Add Opportunity | Three Vacant Units Totaling 3,614 Square Feet • Priced Below Replacement Cost at $170.80 Per Square Foot • Situated on 3.49 Acres with 135 Parking Spaces • No Contractual Renewal Options, Provide Flexibility to Repurpose Space and Increase Rents • Weighted Average Tenant Tenure of 9.35 Years • The Center Fills a Significant Retail and Restaurant Void within the Surrounding Area • Average Household Income of $145,686 within Three Miles • Located 1.5 Miles South of Interstate 55 | 145,300 VPD
Market Context
This retail in Willowbrook, IL is listed for sale. It is offered at an approximate 8.0% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Willowbrook, IL — view the full market.
As of Q4 2025, the Chicago retail market showed a 5.1% vacancy rate, average asking rents near $19.00/SF/yr, rents up 2.4% year over year, and cap rates around 7.9%. Source: multiple brokerage reports, Q4 2025.
Its 8.0% asking cap rate is in line with the Chicago retail market average of about 7.9%. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Retail market FAQ
- What is the typical cap rate for retail in Chicago?
- About 7.9% as of Q4 2025, per multiple brokerage reports.
- Is the Chicago retail market tightening or softening?
- Vacancy is around 5.1%, with asking rents rising year over year (Q4 2025).
Contact
- Adrian Mendoza · (630) 570-2163 · adrian.mendoza@marcusmillichap.com
- Sean Sharko · (630) 570-2238 · sean.sharko@marcusmillichap.com
- Austin Weisenbeck · (630) 570-2169 · austin.weisenbeck@marcusmillichap.com
- Dean Giannakopoulos · (312) 327-5423 · dean.giannakopoulos@marcusmillichap.com
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