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Six-Unit Shopping Center
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7122 Vincennes Ave, Chicago, IL 60621

Multi-tenant retail property with six units, including one current vacancy, in Chicago.

Property Size7,365 SF
Lot Size0.49 Acres
Price / SF$134.28
Days on Market5

Property Features for 7122 Vincennes Ave

General Information

Standard status Active
Size 7,365 SF
Lot size 0.49 Acres
Property subtype Retail

Additional Details

Cap Rate 8.2%

Building Details

Year Built 2008
Year Renovated 2010
Buildings 1
Tenancy Multi
Listing Agency: Coldwell Banker Commercial AMH
Listed By: Anthony Briguglio · License #10491212878
Source: Crexi
Added: Sep 8 Changed: Sep 12 Last Checked: Sep 12 at 6:27AM

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 Coldwell Banker Commercial AMH

Investment Insights

Based on property information with market context.

The shopping center at 7122 Vincennes Ave comprises a 7,365-square-foot retail building on 0.49 acres. The property contains six units, with one currently vacant, and was constructed in 2008 before receiving renovations in 2010.

The asset is located in Chicago, Illinois, within the 60621 ZIP code. Current performance is reported at an 8.2% cap rate, with a pro-forma 2025 cap rate of 10.8%.

Key Highlights

  • 7,365‑square‑foot retail building on 0.49 acres
  • Six‑unit multi‑tenant configuration
  • One current vacancy

Property Analytics

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Current Use

Chi-Ville Cuts Barber Shop Shark's Fish & Chicken Restaurant Pillbox Pharmacy Cricket Mobile Phone Store First Choice Grocery ... Big Box & Wholesale Store

Suggested Use

Top Pick Law Firm Dental Office Skin Care Clinic Real Estate Agency Gym & Fitness Center (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

Location Intelligence

Trade Area within ½ mile

733
Businesses Nearby
77k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 45% Shops & Services 33% Groceries 22%
McDonald's Dining
30,366 visits/mo 0.3 miles
Aldi Groceries
16,805 visits/mo 0.4 miles
Family Dollar Shops & Services
9,157 visits/mo 0.4 miles
BP Shops & Services
8,674 visits/mo 0.3 miles
Mobil Shops & Services
7,885 visits/mo 0.5 miles

Demographics for 60621, IL

29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail property with six units, including one current vacancy, in Chicago.
Where is this shopping center located?
The property is located at 7122 Vincennes Ave Chicago, IL.
What is the asking price?
The asking price for this property is $989,000.
What are key features of this property?
This property features: 7,365‑square‑foot retail building on 0.49 acres; Six‑unit multi‑tenant configuration; One current vacancy
(631) 903-3739 Call to check price and availability
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