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Retail Space for Lease
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8712 S 87th Ter, Justice, IL 60458

Retail space totaling 2,755 square feet is available for lease with a lease renewal option.

Space Size2,755 SF
Days on Market211

Property Features for 8712 S 87th Ter

General Information

Standard status Active
Size 2,755 SF
Property subtype RETAIL

Spaces For Lease

at 8712 S 87th Ter Contact us

8712 S 87th Ter $20/SF/Yr

Floor
1
Size
2,755 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
• Max Contiguous Area: 2755.0 • Min Divisible Area: 2755.0 • Age: 41-50 Years...
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Listing Agency: Coldwell Banker Realty | Lincoln Park Clybourn
Listed By: Bruce Heller · License #471007740
Source: Moodyscre
Added: Feb 6 Changed: Aug 8 Last Checked: Jul 21 at 4:46AM

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 Coldwell Banker Realty | Lincoln Park Clybourn

Investment Insights

Based on property information with market context.

This retail space for lease totals 2,755 square feet with a max contiguous and min divisible area of 2,755 square feet. The property is described as 41 to 50 years old. Utilities include gas forced-air heating, public sewer, and city water.

The offering is located at 8712 S 87th Ter in Justice, IL 60458. The site is listed at under half an acre.

The space is set up for a straightforward occupancy size given the contiguous and divisible area figures provided, with lease renewal option requirements noted in the lease terms.

Key Highlights

  • 2,755 SF retail space available for lease
  • Lease includes a lease renewal option
  • Heating: gas, forced air

Property Analytics

Current Use

Laurels Apartments Apartment Building Willow Hill Apartments Apartment Complex

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Nail Salon

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

324
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
10,965 visits/mo 0.1 miles
Dollar General Shops & Services
5,756 visits/mo 0.2 miles

Demographics for 60458, IL

14,504
Population
5,710
Households
2.5
Avg Household Size
36
Median Age
17%
College-Educated
88%
High-School Grad
2.9 sq mi
ZIP Area
5,001
Density / Sq Mi
$59,443
Median Household Income
$37,490
Median Earnings
$1,219
Median Rent
$223,800
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
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail space totaling 2,755 square feet is available for lease with a lease renewal option.
Where is this shopping center located?
The property is located at 8712 S 87th Ter Justice, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 2,755 SF retail space available for lease; Lease includes a lease renewal option; Heating: gas, forced air
(312) 266-7000 Call to check price and availability
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