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    4910 W 111Th St Oak Lawn, IL 60453

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    For Sale
    Contact for pricing

    Grocery anchored neighborhood center in Chicago MSA for sale.

    Property size:
    165,999 SF
    Lot size:
    23.00 Acres

    Property Features for 4910 W 111Th St

    General Information

    Size
    165,999 SF
    Lot size
    23.00 Acres

    Source: JLL - Corporate Agent Keely Polcyznski

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grocery Anchored Shopping Center For Sale

    Stony Creek Promenade is a grocery-anchored neighborhood center located within the Chicago MSA. The property features category-leading anchor tenants, including Mariano’s, TJ Maxx, and HomeGoods, and is supported by regional and national restaurant and service users. This property offers a stable income stream anchored by market-dominant tenancy. The center comprises eight standalone buildings.
    Location Intelligence

    Current Use by Public Records

    The Barrel Club Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Lawn
    County
    Cook
    State
    Illinois
    Longitude
    -87.7412586
    Latitude
    41.6913205

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    FAQs

    What type of property is this?
    Strip mall - Grocery anchored neighborhood center in Chicago MSA for sale.
    Where is this strip mall located?
    The property is located at 4910 W 111Th St Oak Lawn, IL.
    What are key features of this property?
    This property features: - Anchored by Mariano's (KR – Baa1), TJ Maxx (TJX – A2), and HomeGoods (TJX – A2).; - Located in a high barrier to entry location within the Chicago MSA.; - Grocery anchored neighborhood center.
    (773) 425-4207
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    4910 W 111Th St Oak Lawn, IL 60453
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    Oak Lawn, IL 60453
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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
    4910 W 111Th St Oak Lawn, IL 60453
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