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New Town Plaza

$4,230,000

1559 Mannheim Road, Stone Park, IL 60165

Active
Last Updated: 09/22/2026

8

Cap Rate

338,131

NOI

Details:
Cap Rate:    8%
NOI:    $338,131
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.

Map:
Documents:
Title
New_Town_Plaza_-_Stone_Park__IL___OM.pdf
New_Town_Plaza_-_Stone_Park__IL___Flyer.pdf
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