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Masonry Four-Unit Shopping Center
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629-645 E 162nd Street, South Holland, IL 60473

In-line retail configuration with street-facing entrances, rear employee access, and a paved customer parking area.

Property Size6,250 SF
Lot Size0.42 Acres
Price / SF$144
Days on Market4

Property Features for 629-645 E 162nd Street

General Information

Standard status Active
Size 6,250 SF
Total Parking Spaces 30
Lot size 0.42 Acres
Property subtype Retail, Office
Zoning COMMR
Net Operating Income $72,200

Building Details

Year Built 2008
Buildings 1
Units 4
Construction masonry
Tenancy Multi
Listing Agency: L & B All Star Realty Advisors LLC
Listed By: Ira Lauter · License #471001910
Source: Crexi
Added: Aug 30 Changed: Sep 1 Last Checked: Sep 1 at 9:12PM

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 L & B All Star Realty Advisors LLC

Investment Insights

Based on property information with market context.

This four-unit shopping center contains 6,250 square feet in an in-line retail configuration. The 2008 building features all-masonry construction, street-facing customer entrances for each unit, and employee-only entry and exit doors at the rear. The property is in good condition and includes an asphalt-paved parking area with 30 spaces on an 18,393-square-foot lot.

The center is located on E 162nd Street in South Holland, Illinois. Unit 645 is occupied by Seafood Junction, Unit 641 by Flavor Addicts, and Units 629-633 are combined and occupied by Serenity Home Health. Unit 637 is vacant. Existing lease structures include Modified Gross and Triple Net terms, and the property is designated COMMR zoning.

Key Highlights

  • 6,250‑square‑foot shopping center with four retail units
  • All‑masonry construction completed in 2008
  • 18,393‑square‑foot lot with asphalt‑paved parking

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Furniture & Home Goods Bakery Law Firm

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

Location Intelligence

Trade Area within ½ mile

875
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60473, IL

21,661
Population
7,969
Households
2.7
Avg Household Size
43
Median Age
27%
College-Educated
92%
High-School Grad
7.8 sq mi
ZIP Area
2,777
Density / Sq Mi
$88,046
Median Household Income
$40,903
Median Earnings
$1,914
Median Rent
$200,000
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 Jewel, 763 E 162nd St, South Holland, IL 60473
  • Coin Cloud Bitcoin ATM 1141 E 162nd St, South Holland, IL 60473

Frequently Asked Questions

What type of property is this?
Shopping center - In-line retail configuration with street-facing entrances, rear employee access, and a paved customer parking area.
Where is this shopping center located?
The property is located at 629-645 E 162nd Street South Holland, IL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 6,250‑square‑foot shopping center with four retail units; All‑masonry construction completed in 2008; 18,393‑square‑foot lot with asphalt‑paved parking
(312) 925-0900 Call to check price and availability
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