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Shopping Center Retail Space
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3400-3480 W 183rd St, Hazel Crest, IL 60429

Multi-suite retail center with flexible spaces and substantial parking for a variety of businesses.

Property Size900 SF - 7,000 SF
Days on Market1058

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

Additional Details

Available Space 900-7,000 SF
Traffic Count 18,000 vehicles/day

Building Details

Building Size 42,946 SF
Parking Ratio 5.09 per 1,000 SF
Listing Agency: Colliers | Chicago Rosemont
Listed By: Brad Belden · License #471018723
Source: Moodyscre
Added: Sep 11, 2023 Changed: Jul 31 Last Checked: Aug 2 at 2:12PM

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-square-foot shopping center offers retail space configurations ranging from 900 to 7,000 square feet. The property includes 183 parking spaces, providing 5.09 spaces per 1,000 square feet, and zoning allows for a variety of businesses.

The center has significant frontage on 183rd Street, which records 18K VPD. The surrounding five-mile area includes a population of 200,000 people and a median home value of $163,845. Located at 3400-3480 W 183rd St in Hazel Crest, Illinois, the property provides multiple suite-size options within an established shopping center setting.

Key Highlights

  • 42,946‑square‑foot shopping center
  • Retail spaces range from 900‑7,000 square feet
  • 183 parking spaces; 5.09 spaces per 1,000 square feet

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

18,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$1.80 /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
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-suite retail center with flexible spaces and substantial parking for a variety of businesses.
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 $12 SF/Yr.
What are key features of this property?
This property features: 42,946‑square‑foot shopping center; Retail spaces range from 900‑7,000 square feet; 183 parking spaces; 5.09 spaces per 1,000 square feet
(773) 531-6886 Call to check price and availability
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