Multi-Tenant Retail Plaza

503 W 153 Street Phoenix, IL 60426

Claim this Listing
For Sale
$1,650,000

COMMERCIAL - Phoenix, IL

Type:Retail
Lot size:
0.53 Acres
Added:
Jun 8, 2026
Days on Market:
35
Last Refresh:
Jul 12 at 2:06 am

Property Features for 503 W 153 Street

General Information

Property type
Commercial Sale
Property subtype
Retail
Zoning
COMMR
Standard status
Active
APN
29162100100000
Lot size
0.53 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
38000

Utilities

Cooling system
Central Air

Building Details

Year built
2007
Floors in Building
1
Number of units
8
Building materials
Brick

Listing agent Mark Ahmad License #471007186

Listing office Century 21 Circle 3372 W Devon Ave, Chicago, IL

Listing date Jun 8, 2026

MLS# 12653501

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale retail property is an eight-store plaza built in 2007 and maintained since. The center is currently fully leased with five tenant spaces in place, providing an established retail storefront configuration for an investor or owner-operator. The site includes parking and is described as having high visibility and street presence. Zoning is listed as COMMR. The land is described as approximately 23,000 and 9,000 square feet.

The property is located at 503 W 153rd Street in Phoenix, Illinois, situated on the corner of 153rd St. and Halsted St. The public remarks describe it as being in a commercial corridor and blocks from the intersection area involving Vincennes Rd. and IL-1, as well as minutes from the major intersection of Halsted St. and 159th St./Rte. 6. The remarks also note consistent daily traffic driven by retail and professional activity, along with proximity to Interstate 57 and Chicago Midway Airport.

For buyers, this offering can support either investment ownership based on current leasing, or owner use where an operator wants to be positioned within an existing multi-tenant retail plaza. With parking and storefront visibility already in place, the space is suited for tenants seeking an established retail presence along a corner commercial location.

Key Highlights

  • 8‑store commercial plaza with 5 tenants on a commercial corridor at the corner of 153rd St. and Halsted St.
  • Fully leased with 5 tenants providing stable, diversified income.
  • Brick construction; built in 2007 and reportedly well‑maintained thereafter.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Profiles II Baber ... Barber Shop

Suggested Use

Real Estate Agency Dental Office Law Firm Big Box & Wholesale Store Building Supply Pharmacy Kitchen & Bath Showroom Grocery & Convenience Store Storage Facility Garden Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • South Holland Plaza — 239 W 162nd St, South Holland, IL 60473

FAQs

What type of property is this?
Shopping center - Well-maintained 2007-built retail plaza with multiple leased storefronts and parking in a busy commercial corridor.
Where is this shopping center located?
The property is located at 503 W 153 Street Phoenix, IL.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 8‑store commercial plaza with 5 tenants on a commercial corridor at the corner of 153rd St. and Halsted St.; Fully leased with 5 tenants providing stable, diversified income.; Brick construction; built in 2007 and reportedly well‑maintained thereafter.
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