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Retail Space in North Riverside
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7401 W 24th St, North Riverside, IL

Community shopping center with national tenants and high traffic.

Property Size9,704 SF
Lot Size25.63 Acres
Days on Market847

Property Features for 7401 W 24th St

General Information

Standard status Active
Size 9,704 SF
Lot size 25.63 Acres
Property subtype RETAIL
Listing Agency: Brixmor Property Group | Philadelphia
Listed By: Mike Kurkowski
Source: Moodyscre
Added: Apr 5, 2024 Changed: Jul 10 Last Checked: Jul 21 at 5:30AM

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 Brixmor Property Group | Philadelphia

Investment Insights

Based on property information with market context.

This community shopping center is anchored by national tenants, including Best Buy, Burlington, Michaels, and Petco. The location draws an estimated 16,300+ visits per day and 6.0 million annual visits. Situated in the 2 million square foot North Riverside retail node, the property is near the North Riverside Park mall and Costco. It benefits from high visibility, with over 34,000 vehicles daily on Harlem Avenue and 31,000 vehicles per day on W. Cermak Road. North Riverside serves a dense trade area of over 242,000 residents within 3 miles. Cermak Road provides direct access to Chicago’s South Loop area, while I-290 provides regional access within 1.5 miles. Regional commuter rail service is provided by Metra’s BSNF line to Aurora, located 1 mile south on Harlem Avenue. The available retail space is 9,704 square feet.

Key Highlights

  • Anchored by national tenants like Best Buy, Burlington, Michaels & Petco, driving significant daily and annual visits.
  • High visibility location with substantial traffic counts on Harlem Avenue (34,000 vehicles/day) and W. Cermak Road (31,000 vehicles/day).
  • Located within the 2M square foot North Riverside retail node, anchored by North Riverside Park mall & Costco.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Restaurant Law Firm Auto Parts Store Auto Repair Shop

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

1,195
Businesses Nearby
821k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Apparel 29% Shops & Services 22% Dining 18% Superstores 17%
Costco Wholesale Superstores
140,239 visits/mo 0.2 miles
JCPenney Apparel
89,497 visits/mo 0.3 miles
Raising Cane's Chicken Fingers Dining
73,973 visits/mo 0.2 miles
Kohl's Apparel
70,646 visits/mo 0.2 miles
Costco Gasoline Shops & Services
67,409 visits/mo 0.2 miles

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

  • North Riverside Park Mall — 7501 Cermak Rd, North Riverside, IL 60546
  • Sunglass Hut — 7501 Cermak Rd F5B, North Riverside, IL 60546
  • North Riverside Plaza — SWC Harlem Ave. & Cermak Road, 22nd St, North Riverside, IL 60546
  • Centro comercial Cermak rd — 7501 Cermak Rd, North Riverside, IL 60546
  • North Riverside Park Collection — 7503 Cermak Rd, North Riverside, IL 60546

Frequently Asked Questions

What type of property is this?
Shopping center - Community shopping center with national tenants and high traffic.
Where is this shopping center located?
The property is located at 7401 W 24th St North Riverside, IL.
What are key features of this property?
This property features: Anchored by national tenants like Best Buy, Burlington, Michaels & Petco, driving significant daily and annual visits.; High visibility location with substantial traffic counts on Harlem Avenue (34,000 vehicles/day) and W. Cermak Road (31,000 vehicles/day).; Located within the 2M square foot North Riverside retail node, anchored by North Riverside Park mall & Costco.
(610) 834-7431 Call to check price and availability
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