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Combined Retail Shop Space
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712 E 87th St, Chicago, IL 60619

Units 9 and 10 can be combined to create an 8,173 SF retail space within a shopping center.

Property Size3,188 SF
Days on Market1227

Property Features for 712 E 87th St

General Information

Standard status Active
Size 3,188 SF
Property subtype RETAIL

Building Details

Tenancy Multi
Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Kevin Reinke
Source: Moodyscre
Added: Mar 23, 2023 Changed: Jul 27 Last Checked: Jul 30 at 1:17PM

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 | Chicago

Investment Insights

Based on property information with market context.

This listing offers multiple small retail shop spaces within a 250,111 SF shopping center. Unit 9 and Unit 10 can be combined to create an 8,173 SF space, providing flexibility for tenants seeking a larger footprint than the standalone options.

The property is positioned about 0.3 miles from the Metra station at 87th (Woodruff). Public remarks also indicate proposed new outlot development, along with recent renewals by Chase, Walgreens, AT&T, and DTLR.

In addition, a new Discover customer care center opened in 2021, providing over 1,000 full-time jobs, supporting the surrounding employment base.

Key Highlights

  • Units 9 and 10 can be combined to create an 8,173 SF retail space available for lease
  • 250,111 SF shopping center with retail space available for lease
  • Proposed new outlot development at the property

Property Analytics

Current Use

Sharma Dipa G ... Dental Office Destiny Dental - Chicago ... Dental Office LibertyX Bitcoin ATM Atm Chase Bank Bank DTLR Clothing & Fashion Store

Suggested Use

Top Pick Law Firm Skin Care Clinic Real Estate Agency HVAC Service Auto Repair Shop (Bike/Boat/Book/etc) 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

853
Businesses Nearby
93k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 59% Apparel 33% Dining 5% Electronics 3%
Nike Factory Store Apparel
20,344 visits/mo 0.3 miles
Family Dollar Shops & Services
14,257 visits/mo 0.4 miles
PNC Bank Shops & Services
11,235 visits/mo 0.1 miles
Dollar Tree Shops & Services
10,475 visits/mo 0.3 miles
Dollar General Shops & Services
8,630 visits/mo 0.5 miles

Demographics for 60619, IL

63,303
Population
33,547
Households
1.9
Avg Household Size
43
Median Age
27%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
10,378
Density / Sq Mi
$43,403
Median Household Income
$35,672
Median Earnings
$1,054
Median Rent
$213,000
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Units 9 and 10 can be combined to create an 8,173 SF retail space within a shopping center.
Where is this shopping center located?
The property is located at 712 E 87th St Chicago, IL.
What are key features of this property?
This property features: Units 9 and 10 can be combined to create an 8,173 SF retail space available for lease; 250,111 SF shopping center with retail space available for lease; Proposed new outlot development at the property
(630) 954-7374 Call to check price and availability
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