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Redevelopment Opportunity on I-57 Frontage
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13001 S Ashland Ave, Calumet Park, IL 60827

Divisible 50,310 SF space near I-57 and Ashland & Vermont.

Space Size50,310 SF
Days on Market515

Property Features for 13001 S Ashland Ave

General Information

Standard status Active
Size 50,310 SF
Property subtype OFFICE

Spaces For Lease

at 13001 S Ashland Ave
Raceway Park Big Box $10 – $13/SF/Yr
Floor 1
Size 50,310 SF
Type OFFICE
Availability AVAILABLE, Now
Sublease No
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Listing Agency: Matanky Realty Group
Listed By: Terri J. Cox · License #4710003588
Source: Moodyscre
Added: May 22, 2025 Changed: Oct 7 Last Checked: Oct 16 at 9:34AM

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 Matanky Realty Group

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Investment Insights

Based on property information with market context.

This is a rare redevelopment opportunity with prominent frontage on I-57 and visibility at the intersection of Ashland Avenue and Vermont Street, which sees 113,000 vehicles per day. The standalone space measures 50,310 square feet and is fully divisible to 20,000 square feet within an ALDI-anchored center. The tenant lineup includes ALDI, Teddy’s Fresh Market, Planet Fitness, and Rainbow, driving diverse traffic. Teddy’s Fresh Market is soon to open at this location.

Key Highlights

  • Prominent I‑57 frontage with high visibility at Ashland & Vermont intersection (113,000 VPD).
  • Rare redevelopment opportunity.
  • Anchored by ALDI with add‑ons like Teddy’s Fresh Market, Planet Fitness, and Rainbow.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Dental Office Restaurant

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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

491
Businesses Nearby
176k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 47% Shops & Services 40% Groceries 10% Electronics 2%
McDonald's Dining
40,770 visits/mo 0.3 miles
Aldi Groceries
18,036 visits/mo 0.2 miles
Wendy's Dining
15,806 visits/mo 0.2 miles
Dollar Tree Shops & Services
14,374 visits/mo 0.2 miles
Burger King Dining
10,505 visits/mo 0.3 miles

Demographics for 60827, IL

24,936
Population
11,481
Households
2.2
Avg Household Size
34
Median Age
15%
College-Educated
89%
High-School Grad
7.0 sq mi
ZIP Area
3,562
Density / Sq Mi
$37,648
Median Household Income
$31,611
Median Earnings
$1,044
Median Rent
$123,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Calumet Park, IL

$25.07 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,872 SF
Avg Space Size

This space is priced 60% below the average of $25.07 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

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

Frequently Asked Questions

What type of property is this?
Retail space - Divisible 50,310 SF space near I-57 and Ashland & Vermont.
Where is this retail space located?
The property is located at 13001 S Ashland Ave Calumet Park, IL.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Prominent I‑57 frontage with high visibility at Ashland & Vermont intersection (113,000 VPD).; Rare redevelopment opportunity.; Anchored by ALDI with add‑ons like Teddy’s Fresh Market, Planet Fitness, and Rainbow.
(773) 517-9740 Call to check price and availability
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