Search
Neighborhood Center Retail and Office
For Lease
Contact for pricing

4020 W 111th St, Oak Lawn, IL 60453

Retail and office spaces in a busy neighborhood center.

Space Size946 SF - 1,871 SF
Days on Market933

Property Features for 4020 W 111th St

General Information

Standard status Active
Size 946 SF - 1,871 SF
Property subtype Office
Lease Type Gross

Building Details

Tenancy Multiple

Spaces For Lease

at 4020 W 111th St Contact us

Available Space 2

Size
957 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us

Available Space 3

Size
946 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us

Available Space 4

Size
1,871 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us

Available Space

Size
1,298 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: Dearborn Asset Management Services Inc
Listed By: Brian Corcoran · License #IL 471005655
Source: Crexi
Added: Jan 30, 2024 Changed: Aug 8 Last Checked: Aug 19 at 4:29PM

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 Dearborn Asset Management Services Inc

Investment Insights

Based on property information with market context.

This well-known neighborhood center is located at the intersection of 111th Street and Pulaski Road in Oak Lawn, Illinois. Current tenants include Bank of America, Birdie's Sports Bar & Grill, Hog Wild, and Reilly's Daughter. The location is serviced by CTA and PACE, and is close to I-57 and the Tristate Tollway (294). The property features a new roof and HVAC system installed in 2022. The property is suitable for retail and office use.

Key Highlights

  • New Roof and HVAC (2022)
  • Located at the busy intersection of 111th Street and Pulaski Road
  • High‑traffic Neighborhood Center with established tenants (Bank of America, Birdie's Sports Bar & Grill, Hog Wild, Reilly's Daughter)

Property Analytics

Current Use

Ranch Manor Shopping ... Shopping Center & Mall Integra Doctors Inc Home Health Care Service Glow Up Ink ... Hair Salon Tan Centric Tanning Salon Bank of America Home ... Loan Service

Suggested Use

Top Pick Law Firm Daycare Center Big Box & Wholesale Store Building Supply Kitchen & Bath Showroom Electrical Service

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
$2.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

353
Businesses Nearby

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

Lease Benchmarks for Oak Lawn, IL

$32.24 /SF/Yr
Avg Asking Price
$12–$50 /SF/Yr
Price Range
6,955 SF
Avg Space Size

This space is priced 52% below the average of $32.24 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Retail and office spaces in a busy neighborhood center.
Where is this office units located?
The property is located at 4020 W 111th St Oak Lawn, IL.
What is the lease rate?
The lease rate is $15.50 SF/Yr.
What are key features of this property?
This property features: New Roof and HVAC (2022); Located at the busy intersection of 111th Street and Pulaski Road; High‑traffic Neighborhood Center with established tenants (Bank of America, Birdie's Sports Bar & Grill, Hog Wild, Reilly's Daughter)
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message