This 100% leased multi-tenant retail investment presents a compelling opportunity for passive income in a high-visibility corridor in northwest suburban Chicago. Situated on U.S. Route 45 in Third Lake, Illinois, the 7,200+ square-foot retail center spans a 0.93-acre parcel and provides three tenants with complementary service uses that generate consistent customer traffic. Occupants include Athletico Physical Therapy, Lucky Penny’s Gaming & Bar, and No. 36 Fitness, diversifying income streams while maintaining low operational complexity.
The property features modern construction dating to 2006, a strong parking ratio with 30 spaces, and nearly 200 feet of highway frontage. Positioned within an established commercial node surrounded by major brands like Starbucks, Dunkin’, and CVS, the site benefits from excellent demographics and traffic counts nearing 21,000 VPD. This stabilized asset is ideal for investors seeking reliable cash flow and long-term appreciation potential in a dense, well-established suburban market.