Commercial property appraisals and market studies.


Covering the midwestern states ... Illinois, Indiana,
Iowa, Kentucky, Michigan, Minnesota,
Missouri, Ohio, and Wisconsin.

Great Realty Advisors

Chicago Retail Comparables

Property Date of
Sale
Size (SF)
Yr. Built
NOI/SF
Cap Rate
Price/SF
Glen Oak Plaza
Glenview, IL
9/10 62,443
1967
6.73% $288
Liberty Square
Wauconda, IL
08/10 107,369
1988
N/A $142
Springbrook Prairie Pavilion
Naperville, IL
07/10 228,471
2008
N/A $302
Ballard Plaza
Niles, IL
06/10 89,576
1992
N/A $193
The Point at Clark Street
Chicago, IL
06/10 95,455
1996
N/A $302
1500-1530 S. Torrence Ave
Calumet City, IL
05/10 63,552
1974/2000
8.99% $107
South Elgin Crossings
South Elgin, IL
03/10 234,7147
2006
N/A $102
Prairie Point Shopping Center
Aurora, IL
01/10 91,535
1996
9.80% $123
Hawthorne Works Shopping Center
Cicero, IL
07/09 303,262
1970
10.90% $97
Glen Crossings
South Elgin, IL
12/08 138,212
2002
N/A $147
Home Depot-Randall Road
211 S Randall Road
Geneva, IL
10/08 102,412
1996
N/A $100
Algonquin Galleria
Algonquin, IL
9/08 82,000
2006
7.5% $274
Two Rivers Place
Bolingbrook, IL
9/08 97,000
2002
N/A $85
9633 S Cicero Avenue
Oak Lawn, IL
08/08 77,440
1961/2007
6.85%
$214
10-98 Biesterfield Rd
Elk Grove Village, IL
7/08 121,500
1987
$13.63
7.0%
$194
North Aurora Towne Center
1610-1780 Orchard Gateway Blvd.
North Aurora, IL
5/08 209,642
2006
N/A $189
Rolling Meadows Shopping Center
Rolling Meadows, IL
4/08 130,000
1956
N/A
8.5%
$129
Steeple Center
Chicago IL
1/08 86,000
1989
N/A $147
Broadview Village Square
Broadview, IL
9/07 265,000
1994
N/A $219
1000-1384 Winston Plaza
Melrose Park, IL
8/07 375,000
1960
N/A $132
2700-2892 Plainfield Rd
Plainfield, IL
6/07 201,000
1989
$9.50
N/A
$150
The Shops of Heatherfield
Glenview, IL
3/07 89,000
1998
N/A $253
Arlington Town Square Arlington Heights, IL 02/07 121,117 2002 N/A $267
Canterbury Shopping Center
Markham, IL
11/06 260,000 1961 N/A $113
Lincoln Village Shopping Center 6201 N. Lincoln Avenue 10/06 134,632 2002 N/A $298
Zion Plaza Shopping Center
Zion, IL
06/06 185,518 N/A N/A $50
Fabyan Randall Plaza
Batavia, IL
06/06 91,395 2002 N/A $139
Hickory Palos Square
Hickory Hills, IL
04/06 205,957 1985 N/A $121
Stratford Plaza
Bloomingdale, IL
01/06 358,000
1992
N/A $140
Green Trails Shopping Center
Lisle, IL
01/06 90,000 1983 N/A $140
River Forest Town Center River Forest, IL 11/05 88,000 1994 N/A $138
Rolling Meadows Shopping Center
Rolling Meadows, IL
11/05 130,939 1965 N/A $140
Marketplace at Vernon Hills Vernon Hills, IL 9/05 191,418 2000 N/A $192
Yorkshire Plaza
Aurora, IL
9/05 361,984 1986 N/A $82
South Loop Marketplace
Chicago, IL
8/05 102,265 1997 $21 6.0% $354
Butterfield Plaza
Downers Grove, IL
6/05 114,669 1985 $14.75 7.5% $197
Webster Place
Chicago, IL
4/05 134,329 1988 N/A $381
Orland Park Place
Orland Park, IL
4/05 600,000 2000 N/A $128
Brickyard Shopping Center
Chicago, IL
4/05 264,353 2005 N/A $340
Mapleview Shopping Center Grayslake, IL 3/05 103,838 2000 N/A $182
Chicago Ridge Mall
Chicago Ridge, IL
1/05 834,269 1981 $10.35 8.0% $129
Pheasant Hill Plaza
Bolingbrook, IL
12/04 111,570 1986 $8.25 8.0% $103
North Avenue Collection
Chicago, IL
12/04 199,643 2004 $28.90 6.5% $445
Darien Town Center
Darien, IL
12/04 217,505 1994 $10.83 7.85% $138
Gurnee Town Center
Gurnee, IL
10/04 179,602 2002 $17.50 7.1% $247
Bricktown Square
Chicago, IL
10/04 306,421 1975 $7.67 8.7% $88
Village Square
Northbrook, IL
9/04 334,955 1997 $19.00 7.0% $271
Green Oak Shopping Center
Oak Lawn, IL
9/04 94,358 1967 $8.93 7.5% $119
Marshall Fields
Oak Brook, IL
8/04 105,559 1996 N/A $93
Village Green
Lincolnshire, IL
7/04 132,700 2000 $13.38 8.0% $167
Buffalo Grove Town Center
Buffalo Grove, IL
6/04 131,875 1988 N/A $105
The Broadway at Surf
Chicago, IL
5/04 150,000 1998 $14.20 8.8% $161
Rice Lake Square
Wheaton, IL
4/04 249,377 1989 $12.68 7.2% $176
Ravinia Plaza
Orland Park, IL
9/03 101,802 1990 $12.75 8.1% $157
Village Square
Northbrook, IL
8/03 334,955 1997 $19.75 8.25% $239
Sam's Club
Tinley Park, IL
8/03 110,590 2000 N/A $95
Streets of Woodfield
Schaumburg, IL
8/03 630,400 1990 N/A $106
Kohl's Round Lake
Beach, IL
6/03 93,000 1999 $6.50 7.5% $87
Algonquin Town Center
Algonquin, IL
6/03 103,226 1989 $8.75 9.9% $89
South Loop Marketplace
Chicago, IL
6/03 102,265 1997 $19.80 8.0% $247
Home Depot
Chicago, IL
5/03 96,000 2002 $23.75 7.0% $341
North Riverside Park Plaza
North Riverside, IL
5/03 119,608 1976 $10.35 9.75% $106
Indian Oaks Plaza
Bolingbrook, IL
5/03 63,000
1975
$9.36
12%
$76
Village Crossing
Skokie, IL
5/03 428,000
1989
$15.75
8.34%
$76
County Line Square
Burr Ridge, IL
1/03 90,000
1990
$9.02 10.6% $85
Cary Corners
Cary, IL
1/03 49,012
1957
$7.67
9.17%
$84
Grand Plaza West Shopping Center
Waukegan, IL
12/02 53,171
1978
$8.40
14.76%
$57
Midway Square
Chicago, IL
9/02 55,574
1988
$12.73
10.1%
$126
Randall Road & Wilson St
Batavia, IL
7/02 70,000
N/A
$12.34
9.0%
$134
Broadway Plaza
Chicago, IL
6/02 53,595
1989
$11.11
10.35%
$107
Briar Square
Bolingbrook, IL
1/02 80,146
N/A
N/A $65
18230-18244 Kedzie Avenue
Hazel Crest, IL
12/01 46,000
N/A
N/A $26
Oak Knoll Commons
Streamwood, IL
8/01 46,000
1965
N/A
10.0%
$32
16901-16919 Torrence Avenue Lansing, IL 8/01 89,912
1988
N/A
11.0%
$34
Cross Creek Commons
Roselle, IL
6/01 92,000
1980
N/A
9.25%
$43
Weathersfield Commons Schaumburg, IL 12/00 91,399 $4.78
9.5%
$50
River West Plaza
Chicago, IL
10/00 144,160
1967
N/A $54
Cross Creek Commons
Roselle, IL
6/00 82,359 N/A $30
Dolton Plaza
Dolton, IL
5/00 50,000
1970
$4.02 $60
Marwood Plaza
Indianapolis, IN
5/00 105,875 1962 $5.56 9.5% $59
4400 W. Elm Street
McHenry, IL
3/00 76,000 1975 $4.08 10.88% $38
Indian Trail Plaza
Aurora, IL
3/00 56,700 N/A $2.48 11.82% $21
9511-39 S. Jeffery Ave.
Chicago, IL
2/00 64,000 1946 $5.44 12.00% $45
Sauk Plaza S.C.
Sauk Village, IL
2/00 54,498 1960 $3.80 12.17% $31
Wild Oats Market
Hinsdale, IL
12/99 48,000 1998 $19.82 8.6% $223
Lincoln Village
Chicago, IL
12/99 117,188 $8.94
9.7%
$92
Westgate Mall
Madison, WI
11/99 232,818 1969/96 $4.63 11.81% $39
Rose West Plaza
Naperville, IL
11/99 15,000 N/A $187
Louis Joliet Mall
Joliet, IL
8/99 Total 922,300 Sold 305,832
1978
$13.65
9.2%
$148
Eagle Country Market
350 McHenry,
Buffalo Grove, IL
6/99 56,142
1999
$10.70
8.4%
$127
3015-25 E. New York Street Aurora, IL 4/99 92,135 1998 $12.15 9.3% $130
Market Meadows
1201-1309 S. Naper,
Naperville
4/99 147,656 1978 $8.30 8.8% $94
Plaza Del Prado
2707-75 Pfingsten,
Glenview, IL
3/99 129,112 1978 10.0% $107
Woodland Commons
Route 22, Buffalo Grove, IL
2/99 170,033
1992
$10.60
9.0%
$118
Downers Park Plaza
Lemont & 75th,
Downers Grove
2/99 144,670
1980
$8.25
9.5%
$87
Chicago Ridge Mall
Chicago Ridge, IL
2/99 836,845
1981
$9.74
9.0%
$109
Concorde Green Shopping Ctr
141-49 North,
Glendale Heights
1/99 201,959 1990 $7.90 9.0% $76
McHenry Community Center
Route 14/Pingree,
Crystal Lake
1/99 65,687 1998 $6.41
8.7%
$74
Bannockburn Green Center 2501-95 Waukegan, Bannockburn 1/99 216,038 1987 $11.84 9.4% $126
Windpoint Shopping Center
201 N. Randall,
Batavia, IL
12/98 256,000 1998 $7.76
9.75%
$80
Park Center Shopping Ctr.
15960-16090 Harlem,
Tinley Park
12/98 186,540
1992
$8.14
9.8%
$83
Marketplace At 6 Corners
Irving Prk/Cicero/Milwaukee,Chgo
12/98 84,884 1998 $20.00 9.0% $222
The Grove Neighborhood Center 55-197 Highway 83,
Buffalo Grove
11/98 117,367 1985 $11.20 9.0% $124
Hinsdale Lake Commons
6300 Rt. 83, Clarendon Hills, IL
10/98 230,830 1986 $8.22 9.9% $83
Deerbrook Mall
110 S. Waukegan, Deerfield, IL
6/98 583,571 1968 $8.06
7.7%
$105
Butterfield Square Neighborhood Libertyville, IL 5/98 106,250 1997 $11.61
9.6%
$121
Stratford Plaza
140-62 S. Gary, Bloomingdale, IL
3/98 358,274 1980/96 $9.14
8.9%
$103
Woodfield Plaza Neighborhood
410-590 Golf Road, Schaumburg
1/98 177,000
1992
$10.00
9.25%
$108
Oak Brook Place
2155 W. 22nd
Street, Oak Brook
1/98 175,000 1996 $18.75
8.4%
$224
Iroquois Center
1163 E. Ogden, Naperville, IL
1/98 140,981
1983
$7.80
9.25%
$84
Woodgrove Festival
1001 75th Street, Woodridge, IL
12/97 149,293 1984 $11.62 10.5% $111
River’s Square
3125 S. Ashland, Chicago
10/97 131,600
1986
$7.17
11.0%
$65
Dominick’s
Glendale Heights, IL
10/97 68,329
1997
$11.40
9.5%
$120
Mallard Creek
Round Lake Beach, IL
10/97 143,759
1987
$9.25
10.5%
$88
Oaks Shopping Center
Des Plaines, IL
10/97 138,274
1983
$9.00
9.25%
$98
Bed Bath Beyond, Golfsmith
Schaumburg, IL
9/97 100,000
1997
$8.36
9.0%
$93
Westbrook Commons, Dominick’s
Westchester, IL
9/97 122,628
1983
$11.40
9.2%
$124
Mid Oak Plaza
Midlothian, IL
8/97 77,942
1986
$13.75
10.75%
$76
Rivertree
Vernon Hills, IL
7/97 314,187
1987
$10.00
10.0%
$101
Westridge Court
Naperville, IL
7/97 448,000
1990
$10.58
9.75%
$108
Levi’s/E. Bauer/Marshalls/Linens
600 N. Michigan, Chicago
7/97 214,588
1997
$43.44
7.9%
$550
Wheaton Town Square
Wheaton, IL
7/97 175,225
1992
$19.63
9.1%
$216
Pipers Alley
1600 N. Wells, Chicago
7/97 136,044
1976/88
50% Occupied $90
Dominick’s
Highland Park, IL
6/97 70,000
1996
$18.25
10.0%
$183
One Schaumburg Place
Schaumburg, IL
6/97 575,000
1990
25% Occupied $35
Greentree Plaza
Libertyville, IL
6/97 110,000
1976
$7.00
10.0%
$70
Dominick’s
Schaumburg, IL
6/97 70,300
1995
$16.00
10.5%
$152
Millard Crossing
Elk Grove, IL
5/97 83,295
1992
$9.25
9.5%
$97
Cobblers Square
Elgin, IL
5/97 102,643
1991
$10.15
9.5%
$107
North Pier
401 E. Illinois, Chicago
4/97 443,342
1920"s
50% Occupied $48
North Mayfair Common
5240 N. Pulaski, Chicago
4/97
87,500
1993
$13
9.3%
$141
High Grove Plaza
Naperville, IL
4/97 71,000
1996
$10
10.5%
$98
North Park Mall
Villa Park, IL
3/97 335,000
N/A
N/A
N/A
$12
Cress Creek Square
Naperville, IL
2/97 145,000
1987
$8
11.0%
$73
South Point
Arlington Heights, IL
1/97 97,000
1989
$13
10.9%
$124
Lansing Square
Lansing, IL
1/97
233,500
1991
$7
10.5%
$70
Kennedy Plaza
3300 W. Belmont, Chicago
1/97 81,000
1978
$6
10.0%
$64
Southfield Plaza
Bridgeview, IL
12/96
206,500
1959
$3
9.3%
$34
Hobson West Plaza
Naperville, IL
11/96
100,000
1980
$7
11.2%
$64
Arlington Towne Square
Arlington Heights, IL
10/96 91,000
1987
$6
9.6%
$59
Brookhaven Plaza
Darien, IL
9/96
101,000
1969
N/A
N/A
$71
Salem Square
Countryside, IL
8/96
112,500
1973
$6
10.2%
$55
Village Square of Northbrook
Northbrook, IL
8/96
334,000
1995
$19
9.2%
$209
Hawthorne Village Commons
Vernon Hills, IL
8/96
98,500
1980s
$9
9.9%
$86
River Oaks West Mall
Calumet City, IL
7/96
212,000
1980
$3
10.5%
$29
Ravina Plaza
Orland Park, IL
7/96
103,000
1990
$7
9.3%
$79