Multi-Tenant Retail
For Sale
Contact for pricing
8821-8845 W 87th St, Hickory Hills, IL 60457
Brick retail center with Dollar General, full occupancy, landscaped parking, and access from two roads.
Property Size41,650 SF
Lot Size6.26 Acres
Days on Market1303
Property Features for 8821-8845 W 87th St
General Information
Standard status
Active
Size
41,650 SF
Total Parking Spaces
242
Lot size
6.26 Acres
Property subtype
RETAIL
Occupancy
100%
Site & Location
Corner Location
Yes
Anchor Co-Tenants
Dollar General
Road Access
Yes
Amenities
landscaped lot
cross access with CVS and Shell
Building Details
Buildings
1
Construction
brick
Tenancy
Multi
Listing Agency:
Brookline Real Estate
(630) 590-5910
Listed By:
Bill Lundy
Source:
Moodyscre
Added: Feb 8, 2023
Changed: Aug 30
Last Checked: Sep 1 at 10:08PM
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 Brookline Real Estate
Investment Insights
Based on property information with market context.
This multi-tenant shopping center includes a 41,650-square-foot brick building and three undeveloped outlots across approximately 6.26 acres. The center is fully occupied and anchored by Dollar General, with tenants operating under long-term leases. Three entrances serve the property from two separate roads, supporting circulation across the site. The landscaped lot provides 242 parking spaces.
The property is located at the southwest corner of 87th Street and 88th Avenue in Hickory Hills, Illinois, just south of I-294. It sits next to CVS and across from the Hickory Hills Police Department, with cross access to CVS and the Shell gas station. The offering reflects a 7.73% cap rate and includes the existing retail center together with its undeveloped outlots.
The property is located at the southwest corner of 87th Street and 88th Avenue in Hickory Hills, Illinois, just south of I-294. It sits next to CVS and across from the Hickory Hills Police Department, with cross access to CVS and the Shell gas station. The offering reflects a 7.73% cap rate and includes the existing retail center together with its undeveloped outlots.
Key Highlights
- 41,650‑square‑foot retail center on approximately 6.26 acres
- Three undeveloped outlots included with the shopping center
- Fully occupied center anchored by Dollar General with long‑term leases
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
10,965 visits/mo
0.1 miles
Dollar General
Shops & Services
5,756 visits/mo
0.1 miles
Demographics for 60457, IL
14,420
Population
5,745
Households
2.5
Avg Household Size
39
Median Age
26%
College-Educated
89%
High-School Grad
3.1 sq mi
ZIP Area
4,652
Density / Sq Mi
$85,360
Median Household Income
$49,310
Median Earnings
$1,112
Median Rent
$278,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Brick retail center with Dollar General, full occupancy, landscaped parking, and access from two roads.
Where is this shopping center located?
The property is located at 8821-8845 W 87th St Hickory Hills, IL.
What are key features of this property?
This property features: 41,650‑square‑foot retail center on approximately 6.26 acres; Three undeveloped outlots included with the shopping center; Fully occupied center anchored by Dollar General with long‑term leases
