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Shopping Center with Vacant Anchor

9700 Rivercrest Drive, Crestwood, IL 60445

For Sale
Contact for pricing

Two national retailers occupy the center, which also includes a large vacant anchor unit.

Property Size175,522 SF
Price / SF$13.67
Days on Market25

Property Features for 9700 Rivercrest Drive

General Information

Standard status Active
Size 175,522 SF
Property subtype Retail
Occupancy 50%

Site & Location

Neighborhood Country Aire
Corner Location Yes

Additional Details

Tenant in Place Yes

Building Details

Tenancy Multi
Listing Agency: Mid-America Real Estate
Listed By: Patrick Corrigan · License #IL 475208625
Source: Crexi
Added: Oct 16 Changed: Nov 8 Last Checked: Nov 8 at 3:52PM

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 Mid-America Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Rivercrest is a 175,522 SF shopping center offered as a 100% fee simple interest and sold in its current condition. Kohl’s and Shoe Carnival occupy 50.4% of the property; their tenancies date to 1993 and 2012, respectively. An approximately 70,000 SF anchor space is vacant. The property is at the southwest corner of Cicero Avenue and Cal Sag Road in Crestwood, Illinois, with a Target on an adjacent tract serving as a shadow anchor.

Key Highlights

  • 175,522 SF shopping center
  • 50.4% leased to Kohl’s and Shoe Carnival
  • Approximately 70,000 SF vacant anchor space

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Catering Service Daycare Center Wine and Liquor Store Pet Grooming 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

50.4%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

801
Businesses Nearby
262k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 41% Shops & Services 39% Apparel 15% Electronics 5%
Portillo's Dining
47,559 visits/mo 0.3 miles
Raising Cane's Chicken Fingers Dining
41,119 visits/mo 0.3 miles
Dollar Tree Shops & Services
39,911 visits/mo 0.0 miles
Burlington Apparel
33,104 visits/mo 0.1 miles
PetSmart Shops & Services
26,533 visits/mo 0.0 miles

Demographics for 60445, IL

14,692
Population
6,228
Households
2.4
Avg Household Size
37
Median Age
19%
College-Educated
88%
High-School Grad
4.3 sq mi
ZIP Area
3,417
Density / Sq Mi
$68,385
Median Household Income
$46,480
Median Earnings
$1,202
Median Rent
$201,700
Median Home Value

Market

Properties on Market for Shopping centers in Cook County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Rivercrest Shopping Center — 13200 Rivercrest Dr, Crestwood, IL 60445
  • Rivercrest Shopping Center — 13200 Cicero Ave, Crestwood, IL 60445
  • Cherry Creek shopping Center — 12801 S Cicero Ave, Alsip, IL 60803

Frequently Asked Questions

What type of property is this?
Shopping center - Two national retailers occupy the center, which also includes a large vacant anchor unit.
Where is this shopping center located?
The property is located at 9700 Rivercrest Drive Crestwood, IL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 175,522 SF shopping center; 50.4% leased to Kohl’s and Shoe Carnival; Approximately 70,000 SF vacant anchor space
(630) 954-7208 · Office Call to check price and availability
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