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    13053-13081 Ashland Ave Calumet Park, IL 60827

    Sponsored
    For Lease
    $10 SF/Yr

    Calumet Park Retail Space Available

    Lot size:
    31,540 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Raceway Park Shopping Center, located at 13053-13081 S Ashland Ave in Calumet Park, IL 60827, presents a prime redevelopment opportunity. This ALDI-anchored community retail center offers multiple spaces for lease, totaling 31,540 square feet. Currently, 19,570 square feet are vacant, providing significant potential for new tenants. Individual spaces range from a minimum of 3,600 square feet to a maximum contiguous space of 11,970 square feet, offering flexibility for various retail businesses. The center was built in 2012 and is situated in Cook County, Illinois. Its convenient location off Ashland Avenue provides excellent visibility and accessibility for customers. This is an exceptional chance to establish a presence in a thriving community retail environment. The property's size and layout offer a unique opportunity for businesses seeking a prominent location within a well-established shopping center. The existing ALDI anchor tenant provides a strong foundation for future growth and increased foot traffic. This is an ideal location for businesses looking to capitalize on the existing customer base and the potential for further development. The available space allows for customization to suit the needs of various retail concepts. Don't miss this chance to secure a space in this vibrant and growing community.

    Property Features for 13053-13081 Ashland Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    31,540 SF
    Total Rate
    26283.33

    Building Details

    Year Built
    2012

    Unit(s) available at that property

    Space
    Available Space
    Size
    4,000 SF
    Rate per SF
    $14
    Space
    Available Space
    Size
    4,000 SF
    Rate per SF
    $14
    Space
    Available Space
    Size
    3,600 SF
    Rate per SF
    $14
    Space
    Available Space
    Size
    11,970 SF
    Rate per SF
    $14

    HighLights

    • High visibility from I‑57, boasting 113,800 vehicles per day.
    • Excellent location, neighboring Planet Fitness and Rainbow.
    • Rent is negotiable.
    • CAM and taxes are $8.50 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Calumet Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.6589789
    Latitude
    41.6569683

    Nearby Comparable

    • $10 SF/Yr
      3,600 SF

      Retail Space with I-57 Visibility

      Retail space in community center visible from I-57.
      13053-13085 S Ashland Ave, Calumet Park, IL 60620
      View Details
    • $10 SF/Yr
      86,310 SF

      Raceway Park Retail Center - Calumet Park

      High-visibility retail space, Cook County, IL.
      13001 Ashland Ave, Calumet Park, IL 60827
      View Details
    • $20 SF/Yr
      1,180 SF

      Retail Space Near I-57

      Retail space in a densely populated business and shopping district.
      1413 W 127Th St, Calumet Park, IL 60827
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      Calumet Park Retail Space Available

      8,000 SF retail space for rent in Calumet Park.
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      5,663 SF

      Professionally Finished Office Space Available

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      Chicago Retail Space For Rent

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    • $15 SF/Yr
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      Chicago Retail/Office Space

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    • $17 SF/Yr
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      Prime Retail Space Available

      Commercial space with high visibility and convenient access.
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      105,370 SF

      Rail-Served Land Site for Lease

      6-acre rail-served site for lease, build-to-suit opportunity.
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    Nearby Similar for Lease

    • $10 SF/Yr
      86,310 SF

      Raceway Park Retail Center - Calumet Park

      High-visibility retail space, Cook County, IL.
      13001 Ashland Ave, Calumet Park, IL 60827
      View Details
    • $10 SF/Yr
      3,600 SF

      Retail Space with I-57 Visibility

      Retail space in community center visible from I-57.
      13053-13085 S Ashland Ave, Calumet Park, IL 60620
      View Details
    • $20 SF/Yr
      1,180 SF

      Retail Space Near I-57

      Retail space in a densely populated business and shopping district.
      1413 W 127Th St, Calumet Park, IL 60827
      View Details
    • $27 SF/Yr
      8,000 SF

      Calumet Park Retail Space Available

      8,000 SF retail space for rent in Calumet Park.
      11900 S Marshfield Ave, Calumet Park, IL 60827
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Calumet Park Retail Space Available
    Where is this lifestyle center located?
    The property is located at 13053-13081 Ashland Ave Calumet Park, IL.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: High visibility from I-57, boasting 113,800 vehicles per day.; Excellent location, neighboring Planet Fitness and Rainbow.; Rent is negotiable.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13053-13081 Ashland Ave Calumet Park, IL 60827
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