8821 87Th St Hickory Hills, IL 60457
Hickory Hills Plaza, located at 8821 W 87th St, Hickory Hills, IL 60457, presents a prime retail investment opportunity. This single-story, 39,590 square foot building sits on 6.26 acres of land in Cook County and boasts 15,000 square feet of immediately available space. Built in 1988, the property features a brick exterior and is exceptionally well-maintained. The center enjoys a highly visible corner location at the intersection of 87th Street and 88th Avenue, sharing the corner with established tenants CVS Pharmacy and Shell Gas Station. Additional anchors include Dollar General. The property offers ample parking with 242 spaces in a landscaped lot, enhancing customer convenience. Three entrances on two separate roads ensure smooth traffic flow for tenants and customers. The available space includes a mid-box unit with adjacent yard space, ideal for a variety of uses including banquet facilities, special purpose events, showrooms, offices, medical practices, restaurants, or storefronts. Cross-access with CVS and Shell provides additional customer access. This property offers a unique opportunity to join a thriving retail center in a high-traffic location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.