503 W 153 Street, Phoenix, IL 60426

Building Details

Year Built

2007

Listing office CENTURY 21 Circle m***@chicagorealestatemarkets.com Show Phone

Listing date Jun 9, 2026

Source Crexi

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Overview

This eight-unit retail plaza was built in 2007 and has been well-maintained. The property includes multiple storefront spaces and is currently fully leased with five tenants, offering a diversified tenant mix within the same retail center. On-site parking and street presence support day-to-day customer access and visibility from the commercial corridor.

The plaza is located at the corner of 153rd St. and Halsted St. in Phoenix, Illinois, within a broader commercial corridor. The property is described as being blocks from the intersection of Vincennes Rd. (IL-1) at Halsted St., and minutes from the major intersection of Halsted St. and 159th St./Rte. 6. The offering notes consistent daily traffic generated by both retail and professional activities in the area.

For buyers and owner-users, the center provides an operational retail asset with existing tenancy in place. The configuration supports continued retail or service-oriented occupancy, while the presence of parking and high visibility helps sustain customer-facing relevance. The site is listed for sale as an opportunity for investors and/or owner use.

Suggested Use

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

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

Location Insight

• Map
• Local Demand

City

Phoenix

County

Cook

State

Illinois

Longitude

-87.635673

Latitude

41.610606

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FAQs

What type of property is this?

Strip mall - Well-maintained plaza built in 2007, fully leased by five tenants with parking and strong street presence.

Where is this strip mall located?

The property is located at 503 W 153 Street Phoenix, IL.

What is the asking price?

The asking price for this property is $1,650,000.

What are key features of this property?

This property features: 8‑store commercial plaza built in 2007 in a retail/professional corridor; Fully leased with 5 tenants providing stable, diversified income; Land area approximately 23,000 Sq. Ft. & 9,000 Sq. Ft.