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Enclosed Shopping Mall for Lease
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7601 South Cicero Ave, Chicago, IL 60652

Enclosed shopping mall with more than 1.25 million square feet of gross leasable area.

Property Size32,194 SF
Days on Market716

Property Features for 7601 South Cicero Ave

General Information

Standard status Active
Size 32,194 SF
Property subtype RETAIL
Listing Agency: Mason Asset Management - Corporate
Listed By: Igal Nassim
Source: Moodyscre
Added: Aug 14, 2024 Changed: Jul 28 Last Checked: Jul 29 at 3:40PM

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 Mason Asset Management - Corporate

Investment Insights

Based on property information with market context.

This enclosed shopping mall offers approximately 1,258,480 square feet of gross leasable area and is described as the largest enclosed mall in Chicago outside of downtown. The property is positioned on the southwest side of Chicago in the West Lawn neighborhood.

The mall is located at 76th Street and Cicero Avenue, approximately 2 miles south of Chicago Midway International Airport. The asset is available for lease.

With its large enclosed configuration and substantial GLA, the property is suited to tenants seeking a major retail setting with an established indoor environment.

Key Highlights

  • Enclosed shopping mall with 1,258,480 SF gross leasable area (GLA).
  • Largest enclosed mall in Chicago outside of downtown.
  • Located in West Lawn at 76th St and Cicero Ave, SW side of Chicago.

Property Analytics

Current Use

Zippy Toys (Bike/Boat/Book/etc) Store Marshalls Department Store Ashley Stewart Clothing & Fashion Store Benir Blinks, Ford ... (Bike/Boat/Book/etc) Store Exact Time (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Building Supply Hair Salon Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

915
Businesses Nearby
600k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 29% Groceries 22% Shops & Services 14% Electronics 10%
Kohl's Apparel
67,689 visits/mo 0.3 miles
Tony's Fresh Market Groceries
67,650 visits/mo 0.3 miles
Jewel-Osco Groceries
64,881 visits/mo 0.4 miles
Best Buy Electronics
60,349 visits/mo 0.2 miles
AMC Ford City 14 Leisure
45,894 visits/mo 0.4 miles

Demographics for 60652, IL

40,898
Population
13,709
Households
3
Avg Household Size
37
Median Age
22%
College-Educated
81%
High-School Grad
4.8 sq mi
ZIP Area
8,520
Density / Sq Mi
$78,559
Median Household Income
$36,488
Median Earnings
$1,208
Median Rent
$235,000
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
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Similar Off Market Nearby

  • Burbank Town Center — 7608 La Crosse Ave, Burbank, IL 60459
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  • Streets of Burbank — 4829 W 77th St, Burbank, IL 60459
  • Coinstar Kiosk | Bitcoin ATM — NAI, 7910 S Cicero Ave, Burbank, IL 60459

Frequently Asked Questions

What type of property is this?
Shopping center - Enclosed shopping mall with more than 1.25 million square feet of gross leasable area.
Where is this shopping center located?
The property is located at 7601 South Cicero Ave Chicago, IL.
What are key features of this property?
This property features: Enclosed shopping mall with 1,258,480 SF gross leasable area (GLA).; Largest enclosed mall in Chicago outside of downtown.; Located in West Lawn at 76th St and Cicero Ave, SW side of Chicago.
(516) 371-5858 Call to check price and availability
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