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Grocery-Anchored Shopping Center For Rent
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8707-8855 S Ridgeland Avenue, Oak Lawn, IL 60453

Shopping center in a densely populated Chicago submarket.

Space Size1,514 SF - 2,230 SF
Property Size137,843 SF
Days on Market1248

Property Features for 8707-8855 S Ridgeland Avenue

General Information

Standard status Active
Size 1,514 SF - 2,230 SF
Property subtype Retail, Office

Building Details

Building Size 137,843 SF
Tenancy Multiple

Spaces For Lease

at 8707-8855 S Ridgeland Avenue Contact us

A-04

Size
1,580 SF
Type
Office, Retail
Availability
Active
Contact us

8757

Size
1,514 SF
Type
Office, Retail
Availability
Active
Contact us

8747

Size
2,230 SF
Type
Office, Retail
Availability
Active
Contact us
Listing Agency: Sterling Organization
Listed By: Luke Sementa · License #FLBO
Source: Crexi
Added: Apr 6, 2023 Changed: Sep 2 Last Checked: Aug 29 at 11:06PM

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 Sterling Organization

Investment Insights

Based on property information with market context.

State Road Plaza is a shopping center anchored by a Jewel-Osco, Pet Supplies Plus, and Dollar Tree. The property is located in Oak Lawn, Illinois, a densely populated Chicago submarket approximately 12 miles southwest of Chicago's central business district. The surrounding area within a 3-mile radius has a population of more than 145,000 people with an average household income of $100,210.

Key Highlights

  • Grocery‑anchored shopping center with Jewel‑Osco, ensuring consistent customer traffic.
  • Located in the densely populated Chicago submarket of Oak Lawn.
  • High population density: over 145,000 people within a 3‑mile radius.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Parking Lot & Garage

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

383
Businesses Nearby
108k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 50% Shops & Services 40% Dining 10%
Jewel-Osco Groceries
54,415 visits/mo 0.2 miles
Dollar Tree Shops & Services
26,918 visits/mo 0.1 miles
Burger King Dining
10,878 visits/mo 0.1 miles
Pet Supplies Plus Shops & Services
9,902 visits/mo 0.1 miles
Family Dollar Shops & Services
5,331 visits/mo 0.5 miles

Demographics for 60453, IL

58,362
Population
23,115
Households
2.5
Avg Household Size
40
Median Age
30%
College-Educated
90%
High-School Grad
8.5 sq mi
ZIP Area
6,866
Density / Sq Mi
$82,493
Median Household Income
$48,810
Median Earnings
$1,310
Median Rent
$267,900
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Shopping center - Shopping center in a densely populated Chicago submarket.
Where is this shopping center located?
The property is located at 8707-8855 S Ridgeland Avenue Oak Lawn, IL.
What are key features of this property?
This property features: Grocery‑anchored shopping center with Jewel‑Osco, ensuring consistent customer traffic.; Located in the densely populated Chicago submarket of Oak Lawn.; High population density: over 145,000 people within a 3‑mile radius.
More about this property
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