8721 Stony Island Ave Chicago, IL 60617
- Retail space
- 0.91 lot acres
Current Use by Public Records
- Dollar Tree / Dollar Store / Craft Store
Property Details for 8721 Stony Island Ave
- Year built
- 1971
- Lot size
- 0.91 lot acres
- Property type
- Retail space
- APN
- 25-01-102-024
- APU
- 2501102024
Description
This exceptional 1-story, 29,332 square foot retail building, constructed in 1971 and renovated in 2005, presents a prime investment opportunity in Chicago, IL. Located at 8721 S. Stony Island Avenue, near the intersection of 87th Street, this property boasts a prominent endcap location within a multi-tenant building. Currently, 16,128 square feet of retail space is available for lease. The building features a total of two suites and benefits from high visibility and traffic, with a strong co-tenancy including DaVita and Dunkin'. Ample parking is provided with 55 surface spaces. The property enjoys a strategic location within a densely populated area, serving a substantial customer base. With an average daily traffic count of 48,500 at the intersection and 118,567 residents within a 2-mile radius, this location offers exceptional potential for growth and profitability. The property's address is 8721 S Stony Island Ave, Chicago, IL 60617.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.5846
- Latitude
- 41.7363
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA