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Modern Brick Shopping Center
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9923 S Halsted St, Chicago, IL 60628

Three-building retail center with dedicated parking and full occupancy among service-oriented tenants.

Property Size12,800 SF
Days on Market143

Property Features for 9923 S Halsted St

General Information

Standard status Active
Size 12,800 SF
Property subtype Retail
Occupancy 100%

Financials

Asking Price $2,670,000
Cap Rate 8.25%

Site & Location

Anchor Co-Tenants Stepping Stones Academy
Highway Access Yes
Road Access Yes

Amenities

dedicated parking

Building Details

Year Built 2007
Buildings 3
Construction modern brick
Tenancy Multi
Listing Agency: Cooper Commercial Investment Group
Listed By: Dan Cooper · License #OH 009003618
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 9:12PM

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 Cooper Commercial Investment Group

Investment Insights

Based on property information with market context.

Halsted Plaza is a 12,800 SF shopping center consisting of three modern brick buildings completed in 2007. The property is fully occupied and includes dedicated parking, with a tenant roster centered on service-oriented businesses. Stepping Stones Academy is scheduled to begin a new seven-year term and will occupy one building in its entirety. Other occupants include Wintrust Mortgage, Edible Arrangements, the Law Office of Lerner & Rowe, Melanin Rose Beauty Bar, Vonfari Nails, and additional local service providers.

The center fronts South Halsted Street and sits just off I-57, which carries 147,000 VPD. I-94, providing a route toward Downtown Chicago, is 1.5 miles away and carries 242,270 VPD. The property is 10 miles south of Downtown Chicago, with Midway Airport 11 miles away and O'Hare International Airport approximately 30 miles away. More than 570,400 people live within 5 miles, while Chicago State University, Saint Xavier University, and Little Company of Mary Hospital add nearby student, staff, and employee populations.

Key Highlights

  • 12,800 SF shopping center comprising 3 modern brick buildings
  • Built in 2007 with dedicated parking and 100% occupancy
  • New 7‑year term for Stepping Stones Academy, occupying one building

Property Analytics

Current Use

Source Mobile Phone Store Melanin Rose Beauty ... Spa & Massage Center Beats by Jazya Cosmetic Store Special Services authorized Association Or Organization Eden Beauty & Braids Hair Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Kitchen & Bath Showroom HVAC 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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

504
Businesses Nearby
51k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 71% Dining 29%
Shell Shops & Services
15,986 visits/mo 0.2 miles
BP Shops & Services
11,229 visits/mo 0.1 miles
KFC Dining
8,574 visits/mo 0.3 miles
Family Dollar Shops & Services
8,149 visits/mo 0.4 miles
SUBWAY Dining
4,614 visits/mo 0.5 miles

Demographics for 60628, IL

62,832
Population
28,736
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
5,712
Density / Sq Mi
$49,719
Median Household Income
$35,974
Median Earnings
$1,168
Median Rent
$158,500
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Similar Off Market Nearby

  • Coin Cloud Bitcoin ATM 9510 S Halsted St, Chicago, IL 60628, United States

Frequently Asked Questions

What type of property is this?
Shopping center - Three-building retail center with dedicated parking and full occupancy among service-oriented tenants.
Where is this shopping center located?
The property is located at 9923 S Halsted St Chicago, IL.
What are key features of this property?
This property features: 12,800 SF shopping center comprising 3 modern brick buildings; Built in 2007 with dedicated parking and 100% occupancy; New 7‑year term for Stepping Stones Academy, occupying one building
(216) 562-1981 Call to check price and availability
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