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    4756 S Kedzie Ave Chicago, IL

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    Established shopping center with value-add potential in dense Chicago location.

    Type:RETAIL
    Property size:
    53,400 SF
    Lot size:
    3.65 Acres
    Price / SF:
    $205/SF
    Added:
    May 25, 2022
    Days on Market:
    1441
    Last Refresh:
    Apr 5 at 10:16 pm

    Property Features for 4756 S Kedzie Ave

    General Information

    Standard status
    Active
    Size
    53,400 SF
    Lot size
    3.65 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Rick Drogosz
    Rick Drogosz

    Listing agent Rick Drogosz

    Listing office Mid-America Real Estate Group | Chicago

    Listing date May 25, 2022

    Source Moodyscre

    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 Mid-America Real Estate Group | Chicago


    Overview

    Kedzie Plaza Retail Opportunity

    Kedzie Plaza, constructed in 1986, features 53,400 square feet of retail space on approximately 3.35 acres. The property is an "L" shape strip center with two freestanding outlot buildings, one separately owned. The center is shadow-anchored by Pete’s Fresh Market and O’Reilly Auto Parts. Located at the southwest corner of Kedzie Avenue and 47th Street, just south of Pete’s Fresh Market, the center also benefits from its location north of Steeple Center, which features TJ Maxx, ALDI, and Family Dollar. The location provides roadside visibility on Kedzie Avenue (22,800 VPD) and convenient access to Downtown Chicago, seven miles to the northeast. Access is provided by two curb cuts on 47th Place and one on Kedzie Avenue. The shopping center is located just north of the CTA “L” Orange Line Kedzie station (3,357 riders per weekday) and the Kedzie Avenue & 47th Street bus station (12,000 riders per weekday), and 1.5 miles south of Interstate 55 (137,200 VPD). The property is located in the Brighton Park and Gage Park communities of Chicago, within a three-mile radius containing a population of over 350,000. The area is 2.5 miles from Midway International Airport. The center features a tenant line-up oriented toward medical retail tenants including Octapharma and Access Community Health, making up 46% of the GLA. A buyer can increase the gross income by leasing the remaining 2,520 square feet of vacancy. Nearly 68% of the tenancy based on GLA has been at the shopping center for over 20 years.
    Location Intelligence

    Current Use by Public Records

    Oxford Auto Insurance Insurance Agency Dollar Tree Discount Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7042
    Latitude
    41.8066

    FAQs

    What type of property is this?
    Strip mall - Established shopping center with value-add potential in dense Chicago location.
    Where is this strip mall located?
    The property is located at 4756 S Kedzie Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $11,000,000.
    What are key features of this property?
    This property features: Grocery shadow‑anchored by Pete’s Fresh Market, drawing power from over 1.4 million annual visits.; Stable tenancy with nearly 68% of tenants at the center for over 20 years, offering consistent future yields.; Dense infill demographics with a population of over 350,000 within a three‑mile radius.
    (630) 954-7327 Call to check price and availability
    More about this property
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