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Retail Space with Excellent Traffic
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4816-4850 147th St, Midlothian, IL

Former credit union space suitable for banking or retail.

Property Size1,800 SF
Lot Size5.10 Acres
Days on Market845

Property Features for 4816-4850 147th St

General Information

Standard status Active
Size 1,800 SF
Lot size 5.10 Acres
Property subtype RETAIL
Listing Agency: Network Commercial Real Estate
Listed By: Neil Haleem · License #37077037778HN
Source: Moodyscre
Added: Apr 10, 2024 Changed: Jul 10 Last Checked: Jul 21 at 6:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Network Commercial Real Estate

Investment Insights

Based on property information with market context.

This property, formerly a credit union, is currently configured for banking or similar uses. Units are available in various sizes, ranging from 1,200 square feet, 1,800 square feet, and 3,700 square feet up to 7,300 square feet. The location benefits from excellent foot traffic. CFX, formerly Cardinal Fitness, is a significant traffic driver for the area.

Key Highlights

  • Excellent foot traffic
  • CFX (formerly Cardinal Fitness) drives heavy traffic
  • Units from 1,200 sf to 7,300 sf

Property Analytics

Current Use

Banks

Suggested Use

Top Pick Building Supply Restaurant Law Firm Big Box & Wholesale Store Dental Office Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

621
Businesses Nearby
77k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 55% Dining 45%
Thorntons Shops & Services
14,757 visits/mo 0.2 miles
White Castle Dining
13,374 visits/mo 0.1 miles
Exxon Shops & Services
11,866 visits/mo 0.0 miles
Dollar General Shops & Services
7,606 visits/mo 0.3 miles
Dunkin' Donuts Dining
6,656 visits/mo 0.1 miles

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Bank - Former credit union space suitable for banking or retail.
Where is this bank located?
The property is located at 4816-4850 147th St Midlothian, IL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Excellent foot traffic; CFX (formerly Cardinal Fitness) drives heavy traffic; Units from 1,200 sf to 7,300 sf
(708) 873-5540 Call to check price and availability
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