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Retail Shopping Center with Surface Parking
For Sale
Contact for pricing
Pending

13401 S Ridgeland Ave, Palos Heights, IL 60463

Existing tenants include bar and grill, fitness, and dermatology businesses.

Property Size23,231 SF
Lot Size2.50 Acres
Days on Market144

Property Features for 13401 S Ridgeland Ave

General Information

Standard status Pending
Size 23,231 SF
Total Parking Spaces 120
Lot size 2.50 Acres
Property subtype Retail

Additional Details

Traffic Count 22,000 vehicles/day

Building Details

Tenancy Multi
Listing Agency: Diliberto Real Estate
Listed By: Frank Diliberto · License #IL 471017145
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 8:14PM

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 Diliberto Real Estate

Investment Insights

Based on property information with market context.

Encompassing 23,231 square feet, this shopping center provides a multi-tenant retail setting on a 2.5-acre site. The property includes 120 free surface parking spaces and accommodates a mix of service and dining users, including Zachary’s Bar and Grill, Chulo Fitness, and Dermatology Associates.

The center is located at 13401 S Ridgeland Ave in Palos Heights, Illinois, along Ridgeland Avenue. The surrounding area records 22,000 VPD, providing a measurable traffic context for the property and its existing commercial occupants.

Key Highlights

  • 23,231 SF shopping center
  • 2.5‑acre commercial site
  • 120 free surface parking spaces

Property Analytics

Current Use

Mary Kate Mineman ... Physician Michelle D. Ovando ... Physician Dermatology Associates Medical Clinic Vivek Iyengar MD Physician Catrina A. Brucato PA Physician

Suggested Use

Top Pick Real Estate Agency Hair Salon Restaurant Nail Salon Auto Parts Store Parking Lot & Garage

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

22,000 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

153
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Mobil Shops & Services
7,301 visits/mo 0.0 miles
7-Eleven Shops & Services
4,472 visits/mo 0.0 miles

Demographics for 60463, IL

14,048
Population
5,501
Households
2.6
Avg Household Size
52
Median Age
41%
College-Educated
97%
High-School Grad
5.3 sq mi
ZIP Area
2,651
Density / Sq Mi
$105,389
Median Household Income
$64,885
Median Earnings
$2,119
Median Rent
$343,700
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
Rey
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Similar Off Market Nearby

  • Westgate Valley Commons 13301 S Ridgeland Ave, Palos Heights, IL 60463

Frequently Asked Questions

What type of property is this?
Shopping center - Existing tenants include bar and grill, fitness, and dermatology businesses.
Where is this shopping center located?
The property is located at 13401 S Ridgeland Ave Palos Heights, IL.
What are key features of this property?
This property features: 23,231 SF shopping center; 2.5‑acre commercial site; 120 free surface parking spaces
More about this property
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