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    3205-3243 W 115Th St Merrionette Park, IL 60803

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    For Lease
    Contact for pricing

    Retail space for lease in Merrionette Park, Illinois.

    Property size:
    11,711 SF
    Lot size:
    7.63 Acres

    Property Features for 3205-3243 W 115Th St

    General Information

    Size
    11,711 SF
    Lot size
    7.63 Acres

    Source: Baum Realty Agent Mark Fredericks

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

    Overview

    Merrionette Park Retail Space Available

    This retail space, totaling approximately 11,711 square feet and divisible, is located in Merrionette Park, Illinois. Anchor tenants include Jewel-Osco and Pet Supplies Plus. Other area tenants include Dollar Tree, ATI Physical Therapy, 7-Eleven, and O’Reilly’s. The property benefits from excellent visibility at a signalized intersection and has 482 parking spots. The location benefits from a strong daytime population of over 130,000 people within a 2-mile radius. Traffic counts are approximately 11,000 vehicles per day at 115th Street and Spaulding Avenue, and 19,000 vehicles per day at Kedzie Avenue and 114th Street. Buffalo Wild Wings GO is opening soon at this location.
    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.

    Similar Places Nearby

    Coinstar Kiosk - Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Merrionette Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.700812
    Latitude
    41.6831402

    FAQs

    What type of property is this?
    Shopping center - Retail space for lease in Merrionette Park, Illinois.
    Where is this shopping center located?
    The property is located at 3205-3243 W 115Th St Merrionette Park, IL.
    What are key features of this property?
    This property features: - Excellent daytime population - over 130,000 within a 2-mile radius; - Excellent visibility at a signalized intersection; - Anchor tenants include Jewel-Osco and Pet Supplies Plus
    (312) 666-3000
    Request Owner's contact information
    3205-3243 W 115Th St Merrionette Park, IL 60803
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    Merrionette Park, IL 60803
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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
    3205-3243 W 115Th St Merrionette Park, IL 60803
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