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Retail Space in Shopping Center
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8331 South Stewart Avenue, Chicago, IL 60620

The property was built in 2022 and sits along CTA bus route #24.

Space SizeContact for details
Days on Market47

Property Features for 8331 South Stewart Avenue

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE - Chicago
Listed By: Jim Sakanich
Source: Cbre
Added: Jul 17 Changed: Aug 30 Last Checked: Sep 1 at 3:55PM

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 CBRE - Chicago

Investment Insights

Based on property information with market context.

This 149,854-square-foot retail space is located within Chatham Market Shopping Center at 8331 South Stewart Avenue in Chicago. The building was constructed in 2022, providing a relatively recent physical asset for retail occupancy.

CTA bus route #24 runs along the property, adding transit access for employees, customers, and visitors. The shopping center setting places the space within an established commercial environment while retaining its identity as a substantial standalone retail opportunity.

Key Highlights

  • 149854 SF retail space
  • Located in Chatham Market Shopping Center
  • Constructed in 2022

Property Analytics

Current Use

Corderos Walmart Home Decor Store ChargePoint Charging Station Electric Vehicle Charging Station Ria Money Transfer ... Bank Western Union Bank Capital One ATM Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Auto Repair Shop 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

672
Businesses Nearby
298k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 30% Home Improvements & Furnishings 26% Groceries 26% Dining 14%
Jewel-Osco Groceries
54,479 visits/mo 0.5 miles
The Home Depot Home Improvements & Furnishings
50,072 visits/mo 0.3 miles
Lowe's Home Improvements & Furnishings
27,282 visits/mo 0.1 miles
Dollar Tree Shops & Services
22,686 visits/mo 0.4 miles
Aldi Groceries
22,510 visits/mo 0.1 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

Lease Benchmarks for Chicago, IL

$27.62 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,516 SF
Avg Space Size

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?
Retail space - The property was built in 2022 and sits along CTA bus route #24.
Where is this retail space located?
The property is located at 8331 South Stewart Avenue Chicago, IL.
What are key features of this property?
This property features: 149854 SF retail space; Located in Chatham Market Shopping Center; Constructed in 2022
More about this property
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