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Retail Space with Ample Parking
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4830 West 111th Street, Oak Lawn, IL 60453

Retail property with high visibility and abundant parking.

Days on Market145

Property Features for 4830 West 111th Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: Mid-America Real Estate Group | Oakbrook Terrace
Listed By: Kate Ruzevich
Source: Midamericagrp
Added: Mar 7 Changed: Jul 10 Last Checked: Jul 30 at 5:08AM

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 | Oakbrook Terrace

Investment Insights

Based on property information with market context.

The property is anchored by Mariano’s, HomeGoods, and TJ Maxx. It features 1,119 parking spaces. The location offers high visibility from Cicero Avenue, which experiences a daily traffic volume exceeding 48,000 vehicles.

Key Highlights

  • Anchored by successful grocer Mariano's.
  • High visibility from Cicero Avenue.
  • Cicero Avenue sees over 48,000 vehicles per day.

Property Analytics

Current Use

Stony Creek Promenade Shopping Center & Mall Cooper's Hawk Winery ... Restaurant

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

NNN (Triple Net)
Lease Type

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
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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 - Retail property with high visibility and abundant parking.
Where is this shopping center located?
The property is located at 4830 West 111th Street Oak Lawn, IL.
What are key features of this property?
This property features: Anchored by successful grocer Mariano's.; High visibility from Cicero Avenue.; Cicero Avenue sees over 48,000 vehicles per day.
More about this property
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