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Chicago Shopping Center Investment Opportunity
For Sale
Contact for pricing
Pending

801 W 119th St, Chicago, IL 60643

Fully leased shopping center in high-traffic Chicago location for sale.

Property Size59,847 SF
Days on Market488

Property Features for 801 W 119th St

General Information

Standard status Pending
Size 59,847 SF
Total Parking Spaces 300
Property subtype Retail
Zoning PD875
Occupancy 100%
Investment Type Stabilized

Building Details

Year Built 1967
Year Renovated 1983
Buildings 1
Stories 1
Units 4
Tenancy Multi
Listing Agency: Matanky Realty Group
Listed By: Terri Cox · License #471.0003588
Source: Crexi
Added: Apr 22, 2025 Changed: Aug 8 Last Checked: Jul 24 at 11:09AM

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 Matanky Realty Group

Investment Insights

Based on property information with market context.

This is an opportunity to own a 100% leased shopping center at the main intersection of Halsted and 119th Street in Chicago's West Pullman neighborhood. The property is prominently located in a dense, high-traffic area, one mile east of Interstate 57. Tenants include Citi Trends, Family Dollar, the State of Illinois Human Services office, and a local family services center. The property contains 59,847 square feet.

Key Highlights

  • 12.06% CAP Rate
  • 100% Leased Shopping Center
  • Located on the main intersection of Halsted and 119th Street

Property Analytics

Current Use

Citi Trends Clothing Store

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Building Supply Law Firm Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

533
Businesses Nearby
54k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 57% Dining 35% Apparel 8%
Wendy's Dining
15,572 visits/mo 0.4 miles
Chase Bank Shops & Services
15,087 visits/mo 0.4 miles
Citgo Shops & Services
7,931 visits/mo 0.4 miles
Family Dollar Shops & Services
6,730 visits/mo 0.1 miles
Citi Trends Apparel
4,549 visits/mo 0.1 miles

Demographics for 60643, IL

47,831
Population
19,541
Households
2.4
Avg Household Size
44
Median Age
39%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
6,464
Density / Sq Mi
$83,015
Median Household Income
$53,155
Median Earnings
$1,359
Median Rent
$233,900
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
Questions? Ask Rey
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Similar Off Market Nearby

  • Chicago Fashion Island 1215 W 115th St #4421, Chicago, IL 60643

Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased shopping center in high-traffic Chicago location for sale.
Where is this shopping center located?
The property is located at 801 W 119th St Chicago, IL.
What is the asking price?
The asking price for this property is $4,490,000.
What are key features of this property?
This property features: 12.06% CAP Rate; 100% Leased Shopping Center; Located on the main intersection of Halsted and 119th Street
(312) 337-1001 Call to check price and availability
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