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Grocery-Anchored Shopping Center
For Sale
Contact for pricing
Pending

4820 W 111th St, Oak Lawn, IL 60453

Fully occupied retail center comprising multiple buildings in the Chicago MSA.

Property Size165,999 SF
Days on Market143

Property Features for 4820 W 111th St

General Information

Standard status Pending
Size 165,999 SF
Property subtype Retail
Occupancy 100%

Additional Details

Anchor Co-Tenants Mariano's

Building Details

Buildings 8
Tenancy Multi
Listing Agency: JLL Chicago | North Riverside Plaza
Listed By: Amy Sands · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:57PM

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 JLL Chicago | North Riverside Plaza

Investment Insights

Based on property information with market context.

Stony Creek Promenade is a grocery-anchored shopping center totaling 165,999 SF across 8 separate buildings. The property is 100% occupied and includes a Mariano’s grocery store identified as the most trafficked location in the chain.

The center is located at 4820 W 111th St in Oak Lawn, Illinois, within the Chicago MSA. Its multi-building configuration and grocery anchor establish a substantial retail platform serving the surrounding market.

Key Highlights

  • 165,999 SF grocery‑anchored shopping center
  • 100% occupied
  • 8 separate buildings

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Restaurant Hair Salon Parking Lot & Garage Spa & Massage Center Big Box & Wholesale 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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

640
Businesses Nearby
370k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 48% Groceries 22% Apparel 12% Home Improvements & Furnishings 10%
Mariano's Groceries
52,684 visits/mo 0.2 miles
Raising Cane's Chicken Fingers Dining
45,401 visits/mo 0.2 miles
T.J. Maxx Apparel
45,193 visits/mo 0.2 miles
HomeGoods Home Improvements & Furnishings
36,585 visits/mo 0.2 miles
Cooper's Hawk Winery & Restaurant Dining
34,435 visits/mo 0.0 miles

Demographics for 60453, IL

58,362
Population
23,115
Households
2.5
Avg Household Size
40
Median Age
30%
College-Educated
90%
High-School Grad
8.5 sq mi
ZIP Area
6,866
Density / Sq Mi
$82,493
Median Household Income
$48,810
Median Earnings
$1,310
Median Rent
$267,900
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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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM Kroger - Food 4 Less, 12150 S. Pulaski Rd., Worth, IL 60482
  • Stony Creek Promenade 4830 W 111th St, Oak Lawn, IL 60453
  • Amouria Collection 10918 Kilpatrick Ave, Oak Lawn, IL 60453

Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied retail center comprising multiple buildings in the Chicago MSA.
Where is this shopping center located?
The property is located at 4820 W 111th St Oak Lawn, IL.
What are key features of this property?
This property features: 165,999 SF grocery‑anchored shopping center; 100% occupied; 8 separate buildings
(312) 300-7291 Call to check price and availability
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