Property profile

210 West 87Th St Chicago, IL 60620

FOR LEASE
Retail properties & Spaces
Property ID
US28-5546778
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Property summary

AI-generated overview

This exceptional retail opportunity presents two available pads totaling 10,400 to 13,000 contiguous square feet, situated within the vibrant Chatham neighborhood of Chicago, Cook County. Developed alongside the newly renovated Emagine Cinema Chatham at 210 West 87th Street, this property benefits from a prime location in a dense retail trade area boasting an average population of 276,103 within a 3-mile radius. The site offers excellent visibility and accessibility, with convenient access to I-94 and the CTA Red Line, resulting in a combined daily traffic count exceeding 200,000 vehicles. This strategic location ensures high foot traffic and strong potential for attracting a diverse customer base. The property's strength is further enhanced by its proximity to a variety of established national retailers, including Home Depot, Lowe's, Walmart, Aldi, Starbucks, Dunkin' Donuts, and Dollar Tree, among others. Furthermore, the property enjoys a significant competitive advantage as the only movie theatre within a 7-mile radius, guaranteeing a substantial and unique draw for potential tenants. The property includes 98 total parking spaces, ensuring ample convenience for customers and employees. The two suites offer a combined total of 10,400 minimum and 13,000 maximum contiguous square feet, providing flexibility for various retail concepts.

Property profile

Verified
Property type Retail properties & Spaces
UPID US28-5546778

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub

Location

210 West 87Th St Chicago, IL 60620
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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