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Dominant Retail Center For Lease
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4150 S Karlov Ave, Chicago, IL 60632

Retail spaces available in high-traffic Chicago shopping center.

Space SizeContact for details
Days on Market273

Property Features for 4150 S Karlov Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Chicago
Listed By: Sean McCourt
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 9 Last Checked: Aug 22 at 6:39AM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

Located near a full interchange of I-55, this shopping center benefits from substantial exposure, with 37,700 vehicles per day on Pulaski. The center attracts approximately 3.2 million annual visits and ranks in the 99th percentile nationwide for shopping center traffic. The surrounding area has a dense population, with 327,220 people residing within 3 miles and a daytime population of 255,817. The property features three pylon signs. Current tenants include Marshalls, Ross, PetSmart, Ulta, Shoe Carnival, and Starbucks. Available spaces include a junior anchor space of 21,715 square feet and an outlot space of 1,181 square feet.

Key Highlights

  • Dominant center with 3.2 million annual visits.
  • 99th percentile nationwide for shopping center traffic.
  • High exposure location: 1/2 mile from I‑55 interchange with 37,700 vehicles per day on Pulaski and 3 pylon signs.

Property Analytics

Current Use

Pulaski Promenade Shopping Center & Mall Helping Hands Donation ... Charitable Organization

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Hair Salon Spa & Massage Center Dental Office

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

603
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60632, IL

92,237
Population
28,860
Households
3.2
Avg Household Size
33
Median Age
13%
College-Educated
69%
High-School Grad
7.4 sq mi
ZIP Area
12,464
Density / Sq Mi
$60,576
Median Household Income
$35,203
Median Earnings
$1,057
Median Rent
$240,600
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$21.4 /SF/Yr
Avg Asking Price
$12–$30 /SF/Yr
Price Range
26,628 SF
Avg Space Size

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Similar Off Market Nearby

  • Pulaski Promenade 4150 S Karlov Ave, Chicago, IL 60632

Frequently Asked Questions

What type of property is this?
Shopping center - Retail spaces available in high-traffic Chicago shopping center.
Where is this shopping center located?
The property is located at 4150 S Karlov Ave Chicago, IL.
What are key features of this property?
This property features: Dominant center with 3.2 million annual visits.; 99th percentile nationwide for shopping center traffic.; High exposure location: 1/2 mile from I‑55 interchange with 37,700 vehicles per day on Pulaski and 3 pylon signs.
More about this property
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