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Shopping Center with Ample Parking
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3400-3480 W 183rd St, Hazel Crest, IL 60429

A 42,946-square-foot shopping center offering storefront spaces and 183 parking spaces with frontage on 183rd Street.

Space Size2,000 SF
Days on Market1141

Property Features for 3400-3480 W 183rd St

General Information

Standard status Active
Size 2,000 SF
Total Parking Spaces 183
Property subtype RETAIL
Lease Type NNN

Site & Location

Traffic Count 18,000 vehicles/day
Road Access Yes

Spaces For Lease

at 3400-3480 W 183rd St
3400 - 3480 W 183rd St $16.50/SF/Yr
Floor 1
Size 2,000 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Significant Frontage on 183rd Street - 42,946 sq.ft. Shopping Center - Zoning Allows for a Variety of Businesses - 183 Parking Spaces - 5.09 spaces per 1,000 sq.ft. - 900-7,000 sq.ft Spaces - 18K VPD on 183rd Street - Population - 200,000 people within 5 miles - Median Home Value within 5 miles is $163,845
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Listing Agency: Colliers | Chicago Rosemont
Listed By: Brad Belden · License #471018723
Source: Moodyscre
Added: Sep 11, 2023 Changed: Oct 1 Last Checked: Oct 24 at 6:25PM

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 Colliers | Chicago Rosemont

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Investment Insights

Based on property information with market context.

This 42,946-square-foot shopping center is well-suited for a range of retail and service concepts, with zoning that allows for a variety of businesses. The center offers available spaces sized from 900 to 7,000 square feet, supported by 183 parking spaces, or approximately 5.09 spaces per 1,000 square feet.

Located at 3400–3480 W 183rd St in Hazel Crest, IL 60429, the property benefits from significant frontage on 183rd Street and reported traffic of approximately 18,000 vehicles per day. The surrounding trade area is supported by a population of 200,000 people within 5 miles.

For retailers, this center provides flexible unit sizing alongside parking designed to accommodate customer visits, while the site’s frontage supports visibility along a primary corridor.

Key Highlights

  • 42,946 sq. ft. shopping center with storefront spaces and frontage on 183rd Street
  • Significant frontage on 183rd Street with 18K VPD
  • 183 parking spaces (5.09 spaces per 1,000 sq. ft.)

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Auto Repair Shop Big Box & Wholesale Store Auto Parts Store

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

18,000 VPD
Traffic count
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

871
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60429, IL

14,683
Population
5,969
Households
2.5
Avg Household Size
39
Median Age
24%
College-Educated
92%
High-School Grad
4.1 sq mi
ZIP Area
3,581
Density / Sq Mi
$62,231
Median Household Income
$43,120
Median Earnings
$1,440
Median Rent
$180,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM — NAI, 3153 183rd St, Homewood, IL 60430

Frequently Asked Questions

What type of property is this?
Shopping center - A 42,946-square-foot shopping center offering storefront spaces and 183 parking spaces with frontage on 183rd Street.
Where is this shopping center located?
The property is located at 3400-3480 W 183rd St Hazel Crest, IL.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: 42,946 sq. ft. shopping center with storefront spaces and frontage on 183rd Street; Significant frontage on 183rd Street with 18K VPD; 183 parking spaces (5.09 spaces per 1,000 sq. ft.)
(773) 531-6886 Call to check price and availability
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