

4019 W 175th St
100% Leased Center W/ Value Add Opportunity
Marketing description
The subject property is a well-located neighborhood retail center consisting of a one-story commercial building with a functional rectangular layout totaling approximately 9725 square feet, situated on a generously sized 45,625-square-foot site. The center benefits from prominent frontage along 175th Street and is positioned adjacent to a comparable retail center at the southwest corner of 175th Street and Pulaski Road in Country Club Hills, Illinois, enhancing overall retail synergy and consumer draw.
Access to the property is excellent, with two curb cuts along 175th Street. A dedicated western curb cut provides full and convenient ingress and egress directly into the center, while an additional eastern curb cut is shared with the neighboring retail center, allowing for efficient circulation and shared traffic flow between the two properties. This strong visibility, accessibility, and adjacency to established retail make the property well suited for neighborhood-serving uses.
Investment Highlights
Institutional-quality, well-maintained neighborhood retail asset with a demonstrated history of long-term tenancy, stable occupancy, and durable in-place cash flow.Current ownership has intentionally maintained below-market rental rates by foregoing scheduled rent increases, creating a clearly defined and immediately executable value-add opportunity.
All tenants are currently on month-to-month leases, providing maximum flexibility to re-lease space, reset rents to market, or re-tenant with stronger credit users as leases roll.
Conservative rent adjustments—well supported by market fundamentals—offer a clear and achievable path to NOI growth without disrupting occupancy.Minimal capital requirements anticipated, allowing a new owner to focus on lease optimization rather than heavy redevelopment or structural investment.
Disciplined asset management and rental rate optimization position the property to achieve a projected 10% cap rate, delivering compelling risk-adjusted returns.
Value-Add & Capital Improvement Strategy
Immediate upside available through rent normalization and strategic lease structuring.
Opportunity to selectively invest in modest cosmetic upgrades (façade enhancements, signage standardization, parking lot striping, landscaping) to further enhance curb appeal and tenant quality.
Potential to strengthen tenant mix over time by attracting higher-credit or necessity-based users aligned with neighborhood demand. Efficient execution timeline with limited operational complexity.
Buyer Profile Appeal
Private Capital / Value-Add Investors: Clear NOI growth story with defined levers, minimal execution risk, and attractive yield enhancement.
1031 Exchange Buyers: Stable in-place income with near-term upside, flexible lease rollover, and manageable asset scale.
Institutional & Family Office Investors: Strong risk-adjusted return profile combining current cash flow, inflation protection through rent growth, and long-term hold potential.
Investment highlights
100% Leased Center W/ Value-Add Opportunity
Well-located neighborhood retail center in Country Club Hills, Illinois
Approximately 9,725 SF of building area
Prominent frontage along 175th Street
Two curb cuts along 175th Street
Strong visibility, accessibility, and traffic flow
Well suited for neighborhood-serving retail and service uses
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