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Shopping Center with Street Frontage
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3400-3480 W 183rd St, Hazel Crest, IL 60429

Shopping center offers 900–7,000 sq. ft. storefront spaces and 183rd Street frontage, with 183 parking spaces.

Property Size900 SF - 7,000 SF
Days on Market633

Property Features for 3400-3480 W 183rd St

General Information

Standard status Active
Size 900 SF - 7,000 SF
Net Rentable 900 SF
Total Parking Spaces 183
Property subtype RETAIL
Lease Type SF/yr

Space & Availability

Available Space 900-7,000 SF
Divisible Yes

Additional Details

Road Access Yes

Building Details

Building Size 42,946 SF
Listing Agency: Colliers | Chicago Rosemont
Listed By: Brad Belden · License #471018723
Source: Moodyscre
Added: Nov 4, 2024 Changed: Jul 29 Last Checked: Jul 29 at 5:17AM

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

Investment Insights

Based on property information with market context.

This 42,946 sq. ft. shopping center is positioned for retail users that require street-accessible space, offering available storefront units ranging from 900 to 7,000 sq. ft. The property features significant frontage on 183rd Street and includes 183 parking spaces, which calculates to approximately 5.09 spaces per 1,000 sq. ft. Zoning is described as allowing for a variety of businesses.

Located at 3400–3480 W 183rd St in Hazel Crest, IL, the center benefits from an estimated 18K VPD on 183rd Street and a population of roughly 200,000 people within 5 miles. Median home value within 5 miles is reported at $163,845.

Key Highlights

  • 42,946 sq. ft. shopping center with 900–7,000 sq. ft. storefront spaces
  • Significant frontage on 183rd Street with 18K VPD
  • 183 parking spaces on site (5.09 spaces per 1,000 sq. ft.)

Property 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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.93 /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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Shopping center offers 900–7,000 sq. ft. storefront spaces and 183rd Street frontage, with 183 parking spaces.
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 $19.50 SF/Yr.
What are key features of this property?
This property features: 42,946 sq. ft. shopping center with 900–7,000 sq. ft. storefront spaces; Significant frontage on 183rd Street with 18K VPD; 183 parking spaces on site (5.09 spaces per 1,000 sq. ft.)
(773) 531-6886 Call to check price and availability
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