Contact us: 563.441.1776
Description
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.
Property Highlights
Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1960
General Information
County: Will
Listed By:
Ellsbury Group LLC
219-200-5133
MRED MLS
MLS ID: 12677524
For Details, Contact
Get in Touch
For Details, Contact
Contact an agent to learn more about
800 Theodore Street, Crest Hill, IL 60403.
Mortgage Calculator
Call or Click to get Pre-Approved!
563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,939,000 | $1,939,000 | $1,939,000 |
| Down Payment | $67,865 | $0 | $387,800 |
| Monthly Mortgage Amount | $11,568 | $12,195 | $9,677 |
| Taxes | $2698 | $2698 | $2698 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $1,163 | $0 | $0 |
| Monthly Estimated Total | $15,995 | $15,459 | $12,941 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/06/2026. The listing information on this page last changed on 07/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 07/06/2026 1:06:01 AM EST) or MRED MLS (last updated Mon 07/06/2026 1:00:52 AM EST) or SCWMLS (last updated Sun 07/05/2026 11:54:31 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sun 07/05/2026 10:16:09 PM EST) or Cedar Rapids MLS (last updated Sun 07/05/2026 10:44:12 PM EST) or NEIRBR MLS (last updated Mon 07/06/2026 12:58:41 AM EST) or ICAAR MLS (last updated Sun 07/05/2026 11:37:27 PM EST) or ECIMLS (last updated Sun 07/05/2026 11:44:19 PM EST) or RMLSA (last updated Mon 07/06/2026 1:00:57 AM EST) or Muscatine MLS (last updated Mon 07/06/2026 1:00:09 AM EST) or No Coast MLS (last updated Mon 07/06/2026 12:44:18 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
![mls logo]()
Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --