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Retail Space in Plaza
For Lease
$18 SF/Yr

D-5544 147th St, Oak Forest, IL 60452

Fully gutted interior provides a clean starting point for tenant improvements and business-specific build-out.

Space SizeContact for details
Days on Market55

Property Features for D-5544 147th St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $101,966
Listing Agency: Sperry Van Ness
Listed By: Derek Gonsch · License #475192105
Source: Exprealty
Added: Jul 8 Changed: Aug 30 Last Checked: Aug 30 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 Sperry Van Ness

Investment Insights

Based on property information with market context.

The available retail unit occupies a prominent position at the center of a four-building plaza in Oak Forest, Illinois. The connected complex features brick buildings with metal pitched roofs, landscaped areas, awnings, and outdoor pedestrian paths. The space itself is fully gutted, allowing a future occupant to shape the interior around its operating requirements.

The property is located at D-5544 147th St and offers direct access from the main road. A large post sign provides street-facing identification for the complex, while the available unit’s placement along the front of the plaza supports clear exposure from approaching motorists. The ownership is willing to assist with build-out subject to mutually acceptable terms.

Key Highlights

  • Front‑and‑center unit within a four‑building retail plaza
  • Fully gutted interior ready for tenant‑specific improvements
  • Brick construction with metal pitched roofs

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Dental Office Hair Salon Spa & Massage Center Grocery & Convenience Store 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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
7-Eleven Shops & Services
4,825 visits/mo 0.1 miles

Demographics for 60452, IL

27,363
Population
10,557
Households
2.6
Avg Household Size
40
Median Age
30%
College-Educated
92%
High-School Grad
8.6 sq mi
ZIP Area
3,182
Density / Sq Mi
$89,167
Median Household Income
$47,519
Median Earnings
$1,287
Median Rent
$249,100
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
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Frequently Asked Questions

What type of property is this?
Retail space - Fully gutted interior provides a clean starting point for tenant improvements and business-specific build-out.
Where is this retail space located?
The property is located at D-5544 147th St Oak Forest, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Front‑and‑center unit within a four‑building retail plaza; Fully gutted interior ready for tenant‑specific improvements; Brick construction with metal pitched roofs
More about this property
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