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Neighborhood Shopping Center
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8066-8100 W 111th Street, Palos Hills, IL 60465

Multi-tenant retail property with established occupants and dual-sided pylon signage along 111th Street.

Property Size21,000 SF
Days on Market144

Property Features for 8066-8100 W 111th Street

General Information

Standard status Pending
Size 21,000 SF
Property subtype Retail
Occupancy 54%

Site & Location

Pylon Signage Yes
Traffic Count 11,000 vehicles/day

Building Details

Tenancy Multi
Listing Agency: Frontline Real Estate Partners
Listed By: Matthew Tarshis · License #471022713
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 6:48PM

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 Frontline Real Estate Partners

Investment Insights

Based on property information with market context.

This 21,000-square-foot neighborhood shopping center is configured for multiple retail and service tenants, with 54% of the space currently leased. Existing occupants include LA Tan, Palos Pantry, Building Blocks Daycare, Ultimate Driving School, and Able Garage Doors. LA Tan has operated at the property since 2002, while Palos Pantry has been in place since 2011.

The center fronts 111th Street in Palos Hills and includes dual-sided pylon signage. The corridor records nearly 11,000 VPD, and the property is positioned directly across from Stagg High School and approximately one mile west of Moraine Valley Community College. Nearby national retailers include Walgreens, CVS/Pharmacy, Dunkin' Donuts, McDonald's, and Taco Bell.

Key Highlights

  • 21,000‑square‑foot neighborhood shopping center
  • 54% leased with five existing retail and service tenants
  • Dual‑sided pylon signage fronting 111th Street

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Daycare Center Barber Shop Electrical Service Auto Parts 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

11,000 VPD
Traffic count
54%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

523
Businesses Nearby
61k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 53% Dining 45% Beauty & Spa 2%
McDonald's Dining
24,889 visits/mo 0.4 miles
Thorntons Shops & Services
24,031 visits/mo 0.1 miles
BP Shops & Services
7,948 visits/mo 0.5 miles
Pizza Hut Dining
2,505 visits/mo 0.5 miles
LA Tan Beauty & Spa
1,263 visits/mo 0.1 miles

Demographics for 60465, IL

18,530
Population
7,885
Households
2.4
Avg Household Size
42
Median Age
25%
College-Educated
87%
High-School Grad
4.3 sq mi
ZIP Area
4,309
Density / Sq Mi
$83,969
Median Household Income
$50,990
Median Earnings
$1,267
Median Rent
$259,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail property with established occupants and dual-sided pylon signage along 111th Street.
Where is this shopping center located?
The property is located at 8066-8100 W 111th Street Palos Hills, IL.
What are key features of this property?
This property features: 21,000‑square‑foot neighborhood shopping center; 54% leased with five existing retail and service tenants; Dual‑sided pylon signage fronting 111th Street
(847) 780-8062 Call to check price and availability
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