Ellsbury Group is pleased to present Theodore Plaza, a 15,000 SF grocery-anchored multi-tenant retail center in Crest Hill, Illinois. Offered at $1,939,000 - an 8.49% in-place cap rate rising to 9.24% upon lease-up of the final 634 SF suite, roughly $130 per square foot and below replacement cost. The center is approximately 95.7% leased to five established, necessity-based tenants: anchor Carniceria Flores (grocery and meat market), My Waffle family restaurant, Marchelloni's Pizza, Estillo's Hair Salon, and AXO Brands apparel printing. In-place NOI is $164,670, increasing to a stabilized $179,070 on lease-up of the one remaining suite. Positioned at the NWC of Theodore Street and Raynor Avenue with ~23,000 vehicles per day, pylon signage and more than 50 surface parking spaces, the property draws from a dense, growing infill trade area - Crest Hill's population is up 51.7% since 2000, minutes from I-80, US-30 and IL-53. A stable, well-located retail investment with a defined value-add path. Offered as-is; certified rent roll and income/expense statement available upon request.

Based on information submitted to MRED as of June 16, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Name

Your Email Address

Phone

Message Send me the deed for 800 Theodore Street Crest Hill IL 60403 (ID#:12677524)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message Send me the survey or tax map for 800 Theodore Street Crest Hill IL 60403 (ID#:12677524)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message I would like more information for 800 Theodore Street Crest Hill IL 60403 (ID#:12677524)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Listing Tools

Property Details of 800 Theodore Street

Property Details

Basic Information

Building

Location

Other Details

Finance

Map Location

Driving Directions

4 Sale Realty Advantage LLC

Listing Tools

$/month over payments

Hi there! How can we help you?

Send to a friend

Property Details of 800 Theodore Street

Property Details

Basic Information

Building

Location

Other Details

Finance

Map Location

Driving Directions

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

4 Sale Realty Advantage LLC