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    7101 W 111Th St Worth, IL 60482

    For Lease
    $24 SF/Yr

    Commercial Lease - Worth, IL

    Days on Market:
    240
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 7101 W 111Th St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RTAIL

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1980
    Number of units
    1
    Flooring type
    Carpet, Vinyl
    Architectural style
    Other

    Better Homes and Gardens Real Estate Connections (708) 295-6619 [email protected]

    Listing agent Rima Odeh (708) 859-0909 License #475102798

    Listing date Apr 10, 2025

    MLS# 12296558 Listing URL

    Copyright © 2025 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.

    Overview

    Worth, IL Commercial Building

    This free-standing commercial building in Worth, Illinois, offers 22,772 square feet of space. The property features high ceilings and multiple bathrooms, with over 50 parking spaces available. Situated on 111th Street, just half a block east of Harlem Avenue, the location benefits from high traffic and exposure. The landlord is open to subdividing the space into up to 7 retail storefronts, along with a 4,000 sqft warehouse in the back, which includes 13-foot ceilings and a back loading door. The property is suitable for various businesses, including retail stores, hair salons, grocery stores, medical centers, restaurants, coffee shops, and department stores. A large pylon sign provides excellent exposure. The owner is planning a major frontage face lift.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Worth
    County
    Cook
    State
    Illinois
    Longitude
    -87.805857
    Latitude
    41.6897194

    Nearby Similar for Lease

    • $21 SF/Yr

      Professional Office Space on Harlem

      Highly visible office space suitable for various professional practices.
      11555 S Harlem Ave, Worth, IL 60482
      View Details

    FAQs

    What type of property is this?
    Retail space - 22,772 sqft commercial building for lease in Worth, IL.
    Where is this retail space located?
    The property is located at 7101 W 111Th St Worth, IL.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on 111th Street near Harlem Avenue.; - **Large building size: 22,772 sqft with subdivision options (up to 7 retail spaces + 4000 sqft warehouse).**; - 50+ parking spaces.
    (708) 859-0909
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    7101 W 111Th St Worth, IL 60482
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    Worth, IL 60482
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7101 W 111Th St Worth, IL 60482
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