Oak Lawn, IL Shopping Centers for Sale

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Chicago Ridge, IL Worth, IL Alsip, IL Palos Hills, IL Palos Heights, IL Hickory Hills, IL Crestwood, IL Palos Park, IL

Updated: Jul 21, 2025

Renovated Strip Center with 6 Units

6421 W 87th Street, Oak Lawn, IL 60453

$3,300,000

15,810 sqft 1.10 AC lot

Renovated in 2025
6 fully leased units
15,810 SF building on +/-48,138 SF site (~1.10 acres)
Central air cooling
No on‑site pool

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This listing looks promising.

Here's a quick look at some key insights for

6421 W 87th Street, Oak Lawn, IL 60453

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Est. Cap Rate

6.7%
Above avg (5.9%)
Est. NOI

$219K
Annual
Mortgage

$1.47M
Dec 2017
Last Sold

Aug 2023
$1.8M
Property Type

Retail Stores
Built 1966

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Updated: Apr 11

NNN Retail Plaza with Daycare Anchor

7524 W 103rd St, Bridgeview, IL 60455

Contact for pricing

Six fully occupied retail units in Bridgeview Court Plaza at 7524‑7548 W 103rd St
All leases are NNN with an average lease term of 5 years
Rents average $18.22/SF NNN with 3% annual escalations
Shopping center is anchored by Little Bird Daycare, operating at this location since 2014
Additional tenants include Hard Rocks Gaming Café, Gamify Gaming Lounge, Zacarelli’s Pizza, Youboo Foods, and Skinner Law Firm

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Retail Shopping Center

7910 S. Cicero Avenue, Burbank, IL 60459

Contact for pricing

Retail shopping center on Cicero Avenue near Ford City Mall, anchored by a regional draw in the surrounding south suburbs.

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Based on your search, we've compiled 42 Potential Opportunities for your consideration. Besides 3 Active listings in Oak Lawn, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 31 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Fully Leased Shopping Center

9901-9909 S Harlem, Chicago Ridge, IL 60415

$2,500,000

0.18 AC lot

Two established tenants occupy the center, which includes central air and convenient customer access.

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Neighborhood Retail Center with Signage

7414 S Cicero Ave, Chicago, IL 60629

Contact for pricing

54,383 sqft

Neighborhood retail center with oversized pylon signage and dual ingress/egress via S. Cicero Avenue and State Road.

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Beverly Plaza Shopping Center

9601 South Western Avenue, Chicago, IL 60643

Contact for pricing

23,408 sqft

Retail center offering a substantially leased commercial investment profile.

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Multi-Tenant Retail Center

8700 W 95th St, Hickory Hills, IL 60457

Contact for pricing

8,304 sqft

A multi-tenant retail center totaling 8,304 square feet in Hickory Hills, IL.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Corner Commercial Land

8450 Willow Springs Road, Willow Springs, IL 60480

$800,000

1.90 AC lot

Nearly two acres at a corner near I-294, I-55, and Route 83.

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Corner Lot Strip Mall Opportunity

237 W 79th Street, Chicago, IL 60620

$130,000

0.16 AC lot

Ideal corner location for a small strip mall or franchise.

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Madison Street Land Opportunity

4440-4456 W Madison Street, Chicago, IL 60624

$450,000

0.91 AC lot

Six lots on Madison Street, ideal for development.

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Commercial Land with Dual Frontage

12649 W 159th Street, Homer Glen, IL 60491

$2,149,900

16.05 AC lot

Commercial land with access from two roadways near I-355.

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Off-Market Properties in Oak Lawn, IL

Consider similar Off-Market properties in Oak Lawn, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MINI-MALL

8146 Cicero Ave, Burbank, IL 60459-1509

$3,300,000

Estimated value

3.52 AC lot

View details

MINI-MALL

6310 56th W 95th St, Oak Lawn, IL 60453

$7,950,000

Estimated value

1.79 AC lot

View details

MINI-MALL

8148 Cicero Ave, Burbank, IL 60459-1509

$510,000

Estimated value

2.65 AC lot

View details

MINI-MALL

8014 Cicero Ave, Burbank, IL 60459-1508

Unit 50

$3,315,000

Estimated value

1.20 AC lot

View details

MINI-MALL

8700 Cicero Ave, Oak Lawn, IL 60453-1349

$1,135,000

Estimated value

22.31 AC lot

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MINI-MALL

4106 Swsw Hwy, Hometown, IL 60456-1135

$430,000

Estimated value

0.31 AC lot

View details

MINI-MALL

4102 Swsw Hwy, Hometown, IL 60456-1135

$440,000

Estimated value

1.21 AC lot

View details

MINI-MALL

4076 Swsw Hwy, Hometown, IL 60456-1134

$480,000

Estimated value

2.28 AC lot

View details

MINI-MALL

8739 Ridgeland Ave, Oak Lawn, IL 60453

$445,000

Estimated value

1.22 AC lot

View details

MINI-MALL

11040 Pulaski Rd, Oak Lawn, IL 60453-5719

$1,025,000

Estimated value

4.68 AC lot

View details

MINI-MALL

7350 87th St, Bridgeview, IL 60455-1824

$495,000

Estimated value

3.49 AC lot

View details

MINI-MALL

7340 87th St, Bridgeview, IL 60455-1824

$495,000

Estimated value

6.10 AC lot

View details

MINI-MALL

4140 Swsw Hwy, Hometown, IL 60456-1135

$450,000

Estimated value

1.89 AC lot

View details

MINI-MALL

6260 95th St, Oak Lawn, IL 60453-2702

$405,000

Estimated value

0.90 AC lot

View details

MINI-MALL

8515 Harlem Ave, Burbank, IL 60459-2293

$435,000

Estimated value

2.07 AC lot

View details

MINI-MALL

5141 95th St, Oak Lawn, IL 60453-2455

$390,000

Estimated value

0.55 AC lot

View details

MINI-MALL

8715 Harlem Ave, Bridgeview, IL 60455-1905

$465,000

Estimated value

15.00 AC lot

View details

MINI-MALL

8007 79th St, Justice, IL 60458

$390,000

Estimated value

0.35 AC lot

View details

MINI-MALL

8005 79th St, Justice, IL 60458

$370,000

Estimated value

0.67 AC lot

View details

MINI-MALL

9501 Cicero Ave, Oak Lawn, IL 60453-3136

$380,000

Estimated value

2.02 AC lot

View details

MINI-MALL

9501 Cicero Ave, Oak Lawn, IL 60453-3136

$465,000

Estimated value

7.13 AC lot

View details

Oak Lawn, IL Shopping Centers Market Trends and Statistics

Explore 34 shopping centers for sale in Oak Lawn, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 15,810 square feet of properties for sale, with an estimated market value of $3,300,000.

Sale prices for plazas in Oak Lawn, IL average $3,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 136K

Population Growth (5Y) -0.3%

Median Household Income $77,870

College Educated 23.9%

High-Yield Neighborhoods for Investment

Identify Oak Lawn submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60453	$3.3M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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Oak Lawn, IL Shopping Centers for Sale

6421 W 87th Street, Oak Lawn, IL 60453

7524 W 103rd St, Bridgeview, IL 60455

7910 S. Cicero Avenue, Burbank, IL 60459

Opportunities in Nearby Cities

9901-9909 S Harlem, Chicago Ridge, IL 60415

7414 S Cicero Ave, Chicago, IL 60629

9601 South Western Avenue, Chicago, IL 60643

8700 W 95th St, Hickory Hills, IL 60457

Potential Development Sites for Consideration

8450 Willow Springs Road, Willow Springs, IL 60480

237 W 79th Street, Chicago, IL 60620

4440-4456 W Madison Street, Chicago, IL 60624

12649 W 159th Street, Homer Glen, IL 60491

Off-Market Properties in Oak Lawn, IL

8146 Cicero Ave, Burbank, IL 60459-1509

6310 56th W 95th St, Oak Lawn, IL 60453

8148 Cicero Ave, Burbank, IL 60459-1509

8014 Cicero Ave, Burbank, IL 60459-1508

8700 Cicero Ave, Oak Lawn, IL 60453-1349

4106 Swsw Hwy, Hometown, IL 60456-1135

4102 Swsw Hwy, Hometown, IL 60456-1135

4076 Swsw Hwy, Hometown, IL 60456-1134

8739 Ridgeland Ave, Oak Lawn, IL 60453

11040 Pulaski Rd, Oak Lawn, IL 60453-5719

7350 87th St, Bridgeview, IL 60455-1824

7340 87th St, Bridgeview, IL 60455-1824

4140 Swsw Hwy, Hometown, IL 60456-1135

6260 95th St, Oak Lawn, IL 60453-2702

8515 Harlem Ave, Burbank, IL 60459-2293

5141 95th St, Oak Lawn, IL 60453-2455

8715 Harlem Ave, Bridgeview, IL 60455-1905

8007 79th St, Justice, IL 60458

8005 79th St, Justice, IL 60458

9501 Cicero Ave, Oak Lawn, IL 60453-3136

9501 Cicero Ave, Oak Lawn, IL 60453-3136

Oak Lawn, IL Shopping Centers Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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