Urban Retail Center Near
For Sale
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205 West 87th Street, Chicago, IL 60620
Retail center with high traffic and accessibility near public transit.
Property Size64,795 SF
Days on Market344
Property Features for 205 West 87th Street
General Information
Standard status
Active
Size
64,795 SF
Property subtype
Retail
Building Details
Building Size
64,795 SF
Listing Agency:
Gulfstream Gold LLC dba Keller Williams Realty
(630) 481-4015
Listed By:
Kate Ruzevich · License #3148868
Source:
Midamericagrp
Added: Sep 12, 2025
Changed: Aug 10
Last Checked: Aug 21 at 5:08AM
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 Gulfstream Gold LLC dba Keller Williams Realty
Investment Insights
Based on property information with market context.
This retail center is situated approximately 10 miles from downtown Chicago, with direct access to the Dan Ryan Expressway (I-90/94) at the 87th Street interchange. The location benefits from substantial traffic volume, with the expressway accommodating over 225,000 vehicles per day and 87th Street seeing over 37,000 vehicles daily. The property features 245 parking spaces and offers convenient access to the adjacent Jewel Osco grocery-anchored center. Public transportation options are readily available, with multiple CTA stations within blocks, including the Red Line Train (87th Street) and a bus line on 87th Street. Sherman Plaza is positioned within a densely populated urban retail corridor, with over 22,000 residents within a one-mile radius and over 260,000 residents within a three-mile radius. The property has a size of 64 square feet.
Key Highlights
- High‑traffic location: Directly off I‑90/94 with high daily vehicle counts (225,000 & 37,000).
- Ample Parking: 245 parking spaces available.
- Excellent Accessibility: Exceptional ingress and egress.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
584
Businesses Nearby
249k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Shops & Services 27%
Groceries 22%
Apparel 5%
Jewel-Osco
Groceries
54,479 visits/mo
0.4 miles
McDonald's
Dining
29,114 visits/mo
0.2 miles
Wendy's
Dining
25,772 visits/mo
0.3 miles
Dollar Tree
Shops & Services
22,686 visits/mo
0.4 miles
Starbucks
Dining
20,497 visits/mo
0.5 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
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail center with high traffic and accessibility near public transit.
Where is this shopping center located?
The property is located at 205 West 87th Street Chicago, IL.
What are key features of this property?
This property features: High‑traffic location: Directly off I‑90/94 with high daily vehicle counts (225,000 & 37,000).; Ample Parking: 245 parking spaces available.; Excellent Accessibility: Exceptional ingress and egress.
