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Class C Retail Strip Center
For Sale
Contact for pricing
Pending

8511 88th Ave, Justice, IL 60458

Retail strip center with 30 on-site parking spaces and 84% occupancy among Class C tenants.

Property SizeContact for details
Days on Market146

Property Features for 8511 88th Ave

General Information

Standard status Pending
Class Class C
Total Parking Spaces 30
Property subtype Retail
Occupancy 84%

Additional Details

Highway Access Yes
Listing Agency: KW Commercial Chicago - Lincoln Park
Listed By: Tony Hardy · License #IL 475.139834
Source: Crexi
Added: Apr 11 Changed: Aug 21 Last Checked: Aug 29 at 11:28PM

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 KW Commercial Chicago - Lincoln Park

Investment Insights

Based on property information with market context.

This retail strip center at 8501–8523 S 88th Ave. is an 84% occupied, Class C property offered for sale. The configuration provides a retail tenant base within a multi-unit strip format designed to support everyday neighborhood shopping needs.

The property is located in the Near South Cook submarket of Chicago, Illinois. On-site parking includes 30 spaces for tenant use. The IDOT has announced new access and exit ramps to I-294 onto 88th Ave., and the strip center is located less than a quarter mile from the planned I-294 ramps.

For investors and active operators, the offering combines meaningful existing occupancy with on-site parking and proximity to upcoming I-294 access improvements.

Key Highlights

  • Retail strip center at 8501–8523 S 88th Ave, Justice, IL 60458
  • 84% occupied retail property with Class C tenants
  • 30 on‑site parking spaces available for tenants

Property Analytics

Current Use

B&S FoodAnd Liquor (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Dental Office Spa & Massage Center Nail Salon

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

84%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

361
Businesses Nearby
18k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
10,965 visits/mo 0.3 miles
Dollar General Shops & Services
5,756 visits/mo 0.4 miles
Public Storage Shops & Services
801 visits/mo 0.4 miles

Demographics for 60458, IL

14,504
Population
5,710
Households
2.5
Avg Household Size
36
Median Age
17%
College-Educated
88%
High-School Grad
2.9 sq mi
ZIP Area
5,001
Density / Sq Mi
$59,443
Median Household Income
$37,490
Median Earnings
$1,219
Median Rent
$223,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Strip mall - Retail strip center with 30 on-site parking spaces and 84% occupancy among Class C tenants.
Where is this strip mall located?
The property is located at 8511 88th Ave Justice, IL.
What are key features of this property?
This property features: Retail strip center at 8501–8523 S 88th Ave, Justice, IL 60458; 84% occupied retail property with Class C tenants; 30 on‑site parking spaces available for tenants
(312) 863-8990 Call to check price and availability
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