Build-to-Suit Commercial
New
For Lease
Contact for pricing
201 W 83RD ST, Chicago, IL 60620
Ground lease site suited to QSR, coffee, and fast-casual restaurant concepts with potential drive-thru planning.
Space Size3,500 SF
Days on Market5
Property Features for 201 W 83RD ST
General Information
Standard status
Active
Size
3,500 SF
Class
A
Property subtype
Retail, Land, Restaurant
Building Details
Building Size
3,500 SF
Tenancy
Single
Spaces For Lease
at 201 W 83RD ST Contact us- Size
- 3,500 SF
- Type
- Land, Restaurant, Retail
- Lease Type
- NNN
- Availability
- Active
Space 1
Listing Agency:
Kawash Real Estate Group
(630) 337-9126
Listed By:
nedal kawash · License #471022064
Source:
Crexi
Added: Aug 5
Changed: Aug 9
Last Checked: Aug 9 at 9:14AM
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 Kawash Real Estate Group
Investment Insights
Based on property information with market context.
This commercial land offering supports a build-to-suit strategy for qualified restaurant operators. The development concept can accommodate customized site planning, including a potential drive-thru configuration, for quick-service, coffee, and fast-casual uses identified in the property information.
The site is located at 201 W. 83rd Street in Chicago, along the 83rd Street commercial corridor. Available transaction structures include a ground lease or build-to-suit arrangement, giving operators a framework for establishing a purpose-designed location. The opportunity is positioned for national and regional QSR franchises, franchise operators, and credit tenants seeking a restaurant site in an established commercial area.
The site is located at 201 W. 83rd Street in Chicago, along the 83rd Street commercial corridor. Available transaction structures include a ground lease or build-to-suit arrangement, giving operators a framework for establishing a purpose-designed location. The opportunity is positioned for national and regional QSR franchises, franchise operators, and credit tenants seeking a restaurant site in an established commercial area.
Key Highlights
- Build‑to‑suit commercial land at 201 W. 83rd Street, Chicago, Illinois 60620
- Potential drive‑thru configuration with flexible site planning
- Suitable for QSR, coffee, and fast‑casual restaurant concepts
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
63k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Groceries 36%
Dining 6%
Electronics 4%
Aldi
Groceries
22,510 visits/mo
0.5 miles
Bank of America
Shops & Services
11,087 visits/mo
0.4 miles
The UPS Store
Shops & Services
7,414 visits/mo
0.4 miles
BMO Harris Bank
Shops & Services
6,253 visits/mo
0.4 miles
Family Dollar
Shops & Services
5,704 visits/mo
0.4 miles
Demographics for 60620, IL
66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Ground lease site suited to QSR, coffee, and fast-casual restaurant concepts with potential drive-thru planning.
Where is this commercial land located?
The property is located at 201 W 83RD ST Chicago, IL.
What are key features of this property?
This property features: Build‑to‑suit commercial land at 201 W. 83rd Street, Chicago, Illinois 60620; Potential drive‑thru configuration with flexible site planning; Suitable for QSR, coffee, and fast‑casual restaurant concepts
