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7916-7922 South Western Avenue, Chicago, IL 60620
Brick retail center with full occupancy, varied tenant representation, and direct access to established retail traffic.
Property SizeContact for details
Days on Market144
Property Features for 7916-7922 South Western Avenue
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Chicago Downtown
(224) 619-6808
Listed By:
Brian Parmacek · License #IL 475.132220
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 10:18PM
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 Marcus & Millichap - Chicago Downtown
Investment Insights
Based on property information with market context.
Wrightwood Plaza is a 6,522-square-foot retail center completed in 2005 with solid brick construction and multiple tenant spaces. Occupancy is reported at 100 percent, with Sprint, The Chicken Shack, Subway, Nail Art, and Double-Vision Tax Service Center among the occupants. Eighty-eight percent of the center recently exercised lease options. Subway operates under a triple-net lease, while the other tenants reimburse a portion of CAM expenses.
The property occupies the intersection of Western Avenue and 79th Street at 7916-7922 South Western Avenue in Chicago. Traffic at the intersection exceeds 50,000 vehicles per day, and a CTA bus stop is positioned directly in front of the center. Dunkin Donuts, Dollar Tree, and CVS Pharmacy are across the street, with McDonald’s and additional retailers nearby. The property is approximately 14 miles from Chicago’s downtown business district.
The property occupies the intersection of Western Avenue and 79th Street at 7916-7922 South Western Avenue in Chicago. Traffic at the intersection exceeds 50,000 vehicles per day, and a CTA bus stop is positioned directly in front of the center. Dunkin Donuts, Dollar Tree, and CVS Pharmacy are across the street, with McDonald’s and additional retailers nearby. The property is approximately 14 miles from Chicago’s downtown business district.
Key Highlights
- 6,522‑square‑foot multi‑tenant retail center built in 2005
- 100 percent leased with Sprint, The Chicken Shack, Subway, Nail Art, and Double‑Vision Tax Service Center
- Eighty‑eight percent of the center recently exercised lease options
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
637
Businesses Nearby
91k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 42%
Dollar Tree
Shops & Services
18,914 visits/mo
0.1 miles
McDonald's
Dining
18,388 visits/mo
0.2 miles
Citgo
Shops & Services
13,010 visits/mo
0.5 miles
Dunkin' Donuts
Dining
9,303 visits/mo
0.1 miles
Marathon
Shops & Services
8,354 visits/mo
0.2 miles
Demographics for 60620, IL
66,514
Population
30,008
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
88%
High-School Grad
7.0 sq mi
ZIP Area
9,502
Density / Sq Mi
$48,805
Median Household Income
$36,285
Median Earnings
$1,093
Median Rent
$187,900
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Brick retail center with full occupancy, varied tenant representation, and direct access to established retail traffic.
Where is this shopping center located?
The property is located at 7916-7922 South Western Avenue Chicago, IL.
What are key features of this property?
This property features: 6,522‑square‑foot multi‑tenant retail center built in 2005; 100 percent leased with Sprint, The Chicken Shack, Subway, Nail Art, and Double‑Vision Tax Service Center; Eighty‑eight percent of the center recently exercised lease options
