New Town Plaza
$3,920,000
1559 Mannheim Road, Stone Park, IL 60165
For Sale
Retail
Neighborhood Center
Active
Last Updated: 06/24/2026
7.45
Cap Rate
292,360
NOI
Details:
Cap Rate: 7.45%
NOI: $292,360
Occupancy: 100%
Tenancy: Multiple
Highlights:
- 100% OCCUPIED ASSET WITH ANNUAL RENT GROWTH | MARK TO MARKET OPPORTUNITY
- COMPLEMENTARY CROSS TRAFFIC TENANT LINE-UP
- DENSE WESTERN CHICAGO SUBURB
- RETAIL FOCUSED SHOPPING CENTER
- RECENT RENOVATIONS AND CAPITAL PROJECTS | MINIMAL FUTURE CAPITAL EXPENDITURES
Description:
Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in New Town Plaza, a 100% leased mixed-use unanchored neighborhood shopping center featuring a mix of convenience, service, and food-oriented retail, client-facing office, and one residential unit in the dense and established Chicago suburb of Stone Park.
Documents:
| Title | ||
|---|---|---|
| New_Town_Plaza_-_Stone_Park__IL___Flyer.pdf | ||
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New_Town_Plaza_-_Stone_Park__IL___OM.pdf
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Location
Gallery
