September 26, 2025 – Mark Heidecke and Sean Sullivan of Horvath & Tremblay have successfully completed the sale of a retail center in Hinsdale, Illinois. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $7,900,000.
The retail center is located at 35 E 1st Street and 50 Garfield Street in Hinsdale, Illinois. The well-maintained two-story building contains 19,110 square feet of gross leasable area on a 0.46-acre corner parcel and also features a large dedicated and well-appointed outdoor dining area. The Property is 88.63% leased to a complimentary mix of four (4) tenants that serve the needs of the local residents. The Property is anchored by Fuller House and Fuller Hardware (Ace Hardware) and offers upside through the lease-up of the 2,173 square feet of vacant space. Additionally, the Property benefits from net leases with scheduled annual rent increase. 35 E 1st Street is strategically located at the intersection of S Garfield Avenue and E 1st Street in the heart of Downtown Hinsdale. The Property enjoys outstanding visibility and frontage and is seconds from the Hinsdale Metra Rail Station. The Property is surrounded by retailers and restaurants and enjoys excellent pedestrian traffic and proximity to a public parking garage. 35 E 1st Street is close to area schools, numerous medical complexes, national retailers, and densely developed residential neighborhoods, providing a built-in and captive customer base. Additionally, the Property enjoys close proximity to Interstate 294, US Route 34, and IL Route 83. Located 20-miles west of the city, Hinsdale is an affluent suburb of Chicago.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.