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    Kedzie Ave Chicago, IL 60805

    Sponsored
    For Lease
    Contact for pricing

    Chicago Retail Space: 39,588 SF Available

    Lot size:
    90,455 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Westport Commons, a prime retail strip center in Chicago's vibrant Cook County, offers an exceptional leasing opportunity. This 90,455 square foot property, situated on a 0.75-acre lot at the Northwest corner of West 87th Street and South Kedzie Avenue (zip code 60805), presents multiple spaces for lease. The center boasts a flexible layout, with available spaces ranging from a minimum of 1,800 square feet to a maximum contiguous space of 32,670 square feet. Currently, a significant 39,588 square feet of retail space is vacant, providing a unique chance for expansion or new ventures. The property's strategic location in Cook County ensures high visibility and accessibility for businesses. This is an ideal opportunity for retailers seeking a prominent presence in a bustling Chicago neighborhood. The property's address is NWC W 87th St & S Kedzie Ave, Chicago, IL. The property is categorized as a retail strip center and land. Serious inquiries are encouraged to explore this exceptional retail space.

    Property Features for 0 Kedzie Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    90,455 SF

    Unit(s) available at that property

    Space
    Suite 8600
    Size
    1,800 SF
    Space
    Suite 3308
    Size
    5,118 SF
    Space
    .75 Acre Outlot
    Size
    32,670 SF

    HighLights

    • 3,834 SF of available space.
    • 0.75‑acre outparcel available.
    • High‑traffic location with 47,300 vehicles per day.
    • Densely populated area with 236,000 people within a 3‑mile radius.
    • Strong co‑tenancy including Pete's Market, DTLR, Star Beauty Supply, and Oak Street Health.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7125647
    Latitude
    41.7349768

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    FAQs

    What type of property is this?
    Neighborhood center - Chicago Retail Space: 39,588 SF Available
    Where is this neighborhood center located?
    The property is located at Kedzie Ave Chicago, IL.
    What are key features of this property?
    This property features: 3,834 SF of available space.; 0.75-acre outparcel available.; High-traffic location with 47,300 vehicles per day.
    Request Owner's contact information
    Kedzie Ave Chicago, IL 60805
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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
    Kedzie Ave Chicago, IL 60805
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