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Retail Space on 183rd Street
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3400-3480 W 183rd St, Hazel Crest, IL

Retail spaces available in Hazel Crest shopping center.

Property Size1,378 SF
Lot Size4.63 Acres
Days on Market1054

Property Features for 3400-3480 W 183rd St

General Information

Standard status Active
Size 1,378 SF
Lot size 4.63 Acres
Property subtype RETAIL
Listing Agency: Colliers | Chicago Rosemont
Listed By: Brad Belden · License #471018723
Source: Moodyscre
Added: Sep 11, 2023 Changed: Jul 10 Last Checked: Jul 22 at 3:39AM

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 Colliers | Chicago Rosemont

Investment Insights

Based on property information with market context.

This 42,946 square foot shopping center offers retail spaces ranging from 900 to 7,000 square feet. The property benefits from significant frontage on 183rd Street, which sees 18,000 vehicles per day. The location serves a population of 200,000 people within a 5-mile radius, where the median home value is $163,845. There are 183 parking spaces available, providing a ratio of 5.09 spaces per 1,000 square feet. The zoning allows for a variety of businesses. One available space is 1,378 square feet.

Key Highlights

  • Significant frontage on 183rd Street
  • High traffic volume: 18,000 vehicles per day on 183rd Street
  • Large parking capacity with 183 spaces (5.09 spaces per 1,000 sq.ft.)

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Auto Repair Shop Big Box & Wholesale Store Auto Parts Store

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
$2.78 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

871
Businesses Nearby
Under-served
Demand for This Use

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
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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM — NAI, 3153 183rd St, Homewood, IL 60430

Frequently Asked Questions

What type of property is this?
Shopping center - Retail spaces available in Hazel Crest shopping center.
Where is this shopping center located?
The property is located at 3400-3480 W 183rd St Hazel Crest, IL.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: Significant frontage on 183rd Street; High traffic volume: 18,000 vehicles per day on 183rd Street; Large parking capacity with **183 spaces** (5.09 spaces per 1,000 sq.ft.)
(773) 531-6886 Call to check price and availability
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