Development Site with
For Sale
Contact for pricing
221 W 83rd St, Chicago, IL 60620
Large outlot development site adjacent to a partially leased retail building at Chatham Market.
Property SizeContact for details
Lot Size1.13 Acres
Days on Market122
Property Features for 221 W 83rd St
General Information
Standard status
Active
Lot size
1.13 Acres
Property subtype
Land
Listing Agency:
Millennium Properties R/E
(312) 338-3000
Listed By:
Brad Thompson · License #IL 471013662
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 3:05PM
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 Millennium Properties R/E
Investment Insights
Based on property information with market context.
A 49,081-square-foot development site is available for sale as an outlot adjacent to a retail building partially leased to Athletico Physical Therapy. The property provides 216 feet of frontage on 83rd and offers flexibility for future development.
The site is part of Chatham Market, a large retail complex anchored by Walmart and Lowe’s. Other tenants in the complex include Planet Fitness, Athletico Physical Therapy, Boost Mobile, Chase, Aldi, and Home Depot, among others.
According to the available information, the site can potentially be developed as a 5,000-square-foot retail center, a drive-thru restaurant, or an office. Three additional lots are also available for sale.
The site is part of Chatham Market, a large retail complex anchored by Walmart and Lowe’s. Other tenants in the complex include Planet Fitness, Athletico Physical Therapy, Boost Mobile, Chase, Aldi, and Home Depot, among others.
According to the available information, the site can potentially be developed as a 5,000-square-foot retail center, a drive-thru restaurant, or an office. Three additional lots are also available for sale.
Key Highlights
- 49,081 SF development site offered for sale as an outlot at Chatham Market
- Adjacent to a retail building partially leased to Athletico Physical Therapy
- 216' frontage on 83rd, supporting potential development of up to a 5,000 SF retail center
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Large outlot development site adjacent to a partially leased retail building at Chatham Market.
Where is this commercial land located?
The property is located at 221 W 83rd St Chicago, IL.
What are key features of this property?
This property features: 49,081 SF development site offered for sale as an outlot at Chatham Market; Adjacent to a retail building partially leased to Athletico Physical Therapy; 216' frontage on 83rd, supporting potential development of up to a 5,000 SF retail center
