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Shopping Center With Retail Space
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4816-4850 147th St, Midlothian, IL 60445

Multi-unit retail center with established Walgreens, Subway, and CFX fitness center tenants.

Space Size1,422 SF
Days on Market94

Property Features for 4816-4850 147th St

General Information

Standard status Active
Size 1,422 SF
Net Rentable 1,200 SF
Property subtype RETAIL
Lease Type NNN

Lease Terms

Lease Rate $14 /USD/SF/YR
Rent per SF/Year $14
CAM $3 /USD/SF/YR

Additional Details

Available Space 1,200-7,300 SF
Anchor Co-Tenants CFX, Walgreens, Subway

Building Details

Tenancy Multi

Spaces For Lease

at 4816-4850 147th St
4830 148th St $14/SF/Yr
Floor 1
Size 1,422 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE
Sublease No
- No event/banquet spaces. Join CFX, Walgreens, Subway and more. - Multiple units ranging in size from 1,200 sf - 7,300 sf. Fitness center (CFX) brings heavy traffic to this location. - No event/banquet spaces allowed. - Base Rent $14/sf plus $9/sf tax & $3/sf CAM.
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Listing Agency: Network Commercial Real Estate
Listed By: Neil Haleem · License #37077037778HN
Source: Moodyscre
Added: Jul 28 Changed: Oct 26 Last Checked: Oct 28 at 10:10AM

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 Network Commercial Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Multi-unit shopping center offering retail space for lease alongside established Walgreens, Subway, and CFX fitness center tenants. The property accommodates a range of commercial users within a retail-oriented setting.

Event and banquet spaces are not permitted. Existing tenant presence includes a fitness center, pharmacy, and sandwich shop, providing a varied commercial environment for prospective retail and service operators.

Key Highlights

  • Established Walgreens, Subway, and CFX fitness center tenants
  • Multiple retail units available within the shopping center
  • Event and banquet spaces are not permitted

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Restaurant Law Firm Big Box & Wholesale Store Dental Office Kitchen & Bath Showroom

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

621
Businesses Nearby
77k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 55% Dining 45%
Thorntons Shops & Services
14,757 visits/mo 0.2 miles
White Castle Dining
13,374 visits/mo 0.1 miles
Exxon Shops & Services
11,866 visits/mo 0.0 miles
Dollar General Shops & Services
7,606 visits/mo 0.3 miles
Dunkin' Donuts Dining
6,656 visits/mo 0.1 miles

Demographics for 60445, IL

14,692
Population
6,228
Households
2.4
Avg Household Size
37
Median Age
19%
College-Educated
88%
High-School Grad
4.3 sq mi
ZIP Area
3,417
Density / Sq Mi
$68,385
Median Household Income
$46,480
Median Earnings
$1,202
Median Rent
$201,700
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

Similar Off Market Nearby

  • Mid Oak Plaza — S Cicero Ave, Midlothian, IL 60445
  • Tiffany Plaza — 147th St, Midlothian, IL 60445
  • Blackhawk Center — 147th St, Midlothian, IL 60445
  • Midlothian Plaza — Cicero Ave &, 144th St, Midlothian, IL 60445

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-unit retail center with established Walgreens, Subway, and CFX fitness center tenants.
Where is this shopping center located?
The property is located at 4816-4850 147th St Midlothian, IL.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Established Walgreens, Subway, and CFX fitness center tenants; Multiple retail units available within the shopping center; Event and banquet spaces are not permitted
(708) 927-8000 Call to check price and availability
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