Listing Agency: Lagestee-Mulder (LM) Show Phone

Listed By: Martha Winter · License #471002749 Show Phone

Source: Moodyscre

Added: Nov 15, 2024 Changed: Jul 6 Last Checked: Aug 20 at 9:03AM

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Investment Insights

Based on property information with market context.

This fully occupied retail center is located on high-traffic Halsted Street, north of the I-80/294 expressway. The property benefits from a remarkable traffic count of 19,200 and exceptional visibility. The well-maintained center features ample parking and prominent signage. Situated on a corner location, the property offers two points of ingress/egress. The property is located 5 minutes north of the upcoming Wind Creek Chicago Southland Hotel & Casino, which is expected to bring jobs and tourism to the area. The property has a size of 8,000 square feet.

Key Highlights

• High traffic location on Halsted St with exceptional visibility.
• Fully occupied retail center.
• Proximity to the new Wind Creek Chicago Southland Hotel & Casino (5 minutes north).

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

123

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Shopping center - Retail center on high-traffic Halsted St, near I-80/294.

Where is this shopping center located?

The property is located at 16301 Halsted St Dixmoor, IL.

What is the asking price?

The asking price for this property is $875,000.

What are key features of this property?

This property features: High traffic location on Halsted St with exceptional visibility.; Fully occupied retail center.; Proximity to the new Wind Creek Chicago Southland Hotel & Casino (5 minutes north).