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Retail Space with High Visibility
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238-280 W 162nd St, South Holland, IL 60473

Retail space in a 2003 masonry center with substantial parking and frontage on 162nd Street (Rte 6).

Space Size1,200 SF
Days on Market715

Property Features for 238-280 W 162nd St

General Information

Standard status Active
Size 1,200 SF
Property subtype RETAIL
Lease Type Modified Gross

Site & Location

Anchor Co-Tenants Brown's Chicken, Jackson Hewitt
Traffic Count 30,700 vehicles/day

Additional Details

Space Use Retail

Building Details

Year Built 2003
Construction masonry
Tenancy Multi
Parking Ratio 5.95 per 1,000 SF

Spaces For Lease

at 238-280 W 162nd St
250 Midwest Center $2,874/Mo
Floor 1
Size 1,200 SF
Type RETAIL
Lease Type MODIFIED_GROSS
Availability AVAILABLE, Now
Sublease No
- Retail space is now available for lease at 250 Midwest Center in South Holland. This center boasts high visibility along 162nd Street (Rte 6) on South Holland's retail corridor and is home to well-established tenants such as Brown's Chicken and Jackson Hewitt. Built in 2003, the center features an attractive masonry façade and plenty of parking (5.95 per 1,000 SF). With 30,700 vehicles passing per day, the center benefits from its location fronting 162nd Street and is easily accessible. It is also conveniently located less than ½ mile from the College Park Development, which includes 40,000 square feet of office/medical space as well as the South Suburban College. Don't miss out on this opportunity to lease prime retail space in South Holland.
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Listing Agency: Lagestee-Mulder (LM)
Listed By: Martha Winter · License #471002749
Source: Moodyscre
Added: Nov 13, 2024 Changed: Oct 25 Last Checked: Oct 28 at 10:21AM

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 Lagestee-Mulder (LM)

Rey
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Investment Insights

Based on property information with market context.

Retail space is available for lease at 250 Midwest Center, located at 238-280 W 162nd St in South Holland, IL. The center was built in 2003 and features an attractive masonry façade, with plenty of on-site parking. Existing, well-established tenants include Brown's Chicken and Jackson Hewitt.

The property provides high visibility along 162nd Street (Rte 6) on South Holland’s retail corridor and fronts directly on the roadway. It is also easily accessible. The center benefits from location traffic of 30,700 vehicles passing per day, supporting day-to-day retail exposure.

The location is conveniently less than 1/2 mile from the College Park Development, which includes 40,000 square feet of office/medical space as well as the South Suburban College.

Key Highlights

  • Masonry façade retail center built in 2003 at 238‑280 W 162nd St
  • Fronts 162nd Street (Rte 6) with high visibility on South Holland’s retail corridor
  • 30,700 vehicles passing per day

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Restaurant Law Firm Building Supply Big Box & Wholesale Store HVAC Service Storage Facility

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

30,700 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$4.31 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

899
Businesses Nearby

Demographics for 60473, IL

21,661
Population
7,969
Households
2.7
Avg Household Size
43
Median Age
27%
College-Educated
92%
High-School Grad
7.8 sq mi
ZIP Area
2,777
Density / Sq Mi
$88,046
Median Household Income
$40,903
Median Earnings
$1,914
Median Rent
$200,000
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

Frequently Asked Questions

What type of property is this?
Retail space - Retail space in a 2003 masonry center with substantial parking and frontage on 162nd Street (Rte 6).
Where is this retail space located?
The property is located at 238-280 W 162nd St South Holland, IL.
What is the lease rate?
The lease rate is $2,874/Mo.
What are key features of this property?
This property features: Masonry façade retail center built in 2003 at 238‑280 W 162nd St; Fronts 162nd Street (Rte 6) with high visibility on South Holland’s retail corridor; 30,700 vehicles passing per day
(224) 523-9174 Call to check price and availability
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