Multi-Tenant Retail
For Sale
Contact for pricing
250 W 162nd St, South Holland, IL 60473
Single-story multi-tenant retail center with six tenants, attractive brick exterior, and frontage along 162nd Street.
Property SizeContact for details
Days on Market143
Property Features for 250 W 162nd St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
SVN | Chicago Commercial
Listed By:
Nick Manganais · License #IL 471.006214
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 8:22AM
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 SVN | Chicago Commercial
Investment Insights
Based on property information with market context.
250 Midwest Retail Center is a single-story, multi-tenant retail property built in 2003. The center totals 7,556 SF and is currently occupied by six retail tenants. The exterior is brick, and the tenant mix includes both national and local operators. Tenant leases are structured as Modified Gross or Gross, and tenants pay all utilities directly.
The property offers visibility along 162nd St, where traffic counts are reported to exceed 27,300 vehicles per day. It is located west of South Holland’s main central business district and is described as being less than 1/2 mile from South Suburban Community College and a newly developed business park. National tenants include Jimmy John’s with a drive-up window, Hertz Rent-A-Car with its own rear roll-up garage entrance and car wash bay, and Global Employment Solutions.
Additional details indicate that the tenants have completed high-quality custom interior build-outs. The seller has requested discretion since none of the tenants are aware of the sale of the center.
The property offers visibility along 162nd St, where traffic counts are reported to exceed 27,300 vehicles per day. It is located west of South Holland’s main central business district and is described as being less than 1/2 mile from South Suburban Community College and a newly developed business park. National tenants include Jimmy John’s with a drive-up window, Hertz Rent-A-Car with its own rear roll-up garage entrance and car wash bay, and Global Employment Solutions.
Additional details indicate that the tenants have completed high-quality custom interior build-outs. The seller has requested discretion since none of the tenants are aware of the sale of the center.
Key Highlights
- Single‑story 7,556 SF multi‑tenant retail center at 240‑264 W 162nd St, South Holland, IL (Cook County)
- Built in 2003 with an attractive brick exterior and frontage along 162nd St
- Six retail tenants with Modified Gross or Gross lease structure and recurring rental increases
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
603
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60473, IL
21,661
Population
7,969
Households
2.7
Avg Household Size
43
Median Age
27%
College-Educated
92%
High-School Grad
7.8 sq mi
ZIP Area
2,777
Density / Sq Mi
$88,046
Median Household Income
$40,903
Median Earnings
$1,914
Median Rent
$200,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- South Holland Plaza — 239 W 162nd St, South Holland, IL 60473
Frequently Asked Questions
What type of property is this?
Shopping center - Single-story multi-tenant retail center with six tenants, attractive brick exterior, and frontage along 162nd Street.
Where is this shopping center located?
The property is located at 250 W 162nd St South Holland, IL.
What are key features of this property?
This property features: Single‑story 7,556 SF multi‑tenant retail center at 240‑264 W 162nd St, South Holland, IL (Cook County); Built in 2003 with an attractive brick exterior and frontage along 162nd St; Six retail tenants with Modified Gross or Gross lease structure and recurring rental increases
