Chicago, IL Strip Malls for Sale

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Carbondale, IL Cicero, IL Oak Park, IL Berwyn, IL River Forest, IL Forest Park, IL Evanston, IL Lincolnwood, IL

13 properties

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Updated: Oct 5

Three-Storefront Retail Strip Center

4044-48 S ARCHER Avenue, Chicago, IL 60632

$428,800

Three retail storefronts, with two leased to long‑term tenants
Rooftop advertising sign generates an additional revenue source
Brick construction with central air
Corner location at Archer Avenue and California Avenue
Built in 1960; zoned COMMR

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Updated: Aug 23

Seven-Tenant Masonry Strip Center

5152-5160 W 127th St, Alsip, IL 60803

$715,000

19,822 sqft 1.03 AC lot

Seven tenant spaces totaling 19,822 square feet
44,693‑square‑foot site with 38 exterior parking spaces
Five front retail/office units with rear warehouse areas
Two rear units configured for office and warehouse use
Drive‑in door and restroom in every unit; 5160 has three restrooms

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Cash Flowing Strip Center

414-424 E 71st St, Chicago, IL 60619

$519,000

4,800 sqft

Fully occupied retail center with high street frontage.

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See hot listings in Chicago

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

Unanchored Strip Center at Corner

1400 E 47th St, Chicago, IL 60653

$6,950,000

20,815 sqft

Unanchored strip center with direct Lake Shore Drive access and multiple adjacent residential communities.

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Income-Producing Retail Strip in Chicago

741 W 79th St, Chicago, IL 60620

$405,000

4,778 sqft 0.17 AC lot

Multi-tenant retail strip with income and value-add potential.

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Corner Strip Mall with Pylon Sign

301 W 79th Street, Chicago, IL 60620

$870,000

7,600 sqft 0.45 AC lot

C1-1 zoning and a corner position frame this existing retail property.

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Leased Strip Mall

5159 W Diversey Avenue, Chicago, IL 60639

$1,199,000

7,600 sqft

Five occupied retail storefronts anchor a commercial property with rear tandem parking and established neighborhood surroundings.

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10-Unit Neighborhood Strip Mall

2501-17 W 79th St, Chicago, IL 60652

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13,275 sqft

B1-zoned retail center with established tenant occupancy and one available unit.

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Beverly Plaza Shopping Center

9601 South Western Avenue, Chicago, IL 60643

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23,408 sqft

Retail center offering a substantially leased commercial investment profile.

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Fully Occupied Shopping Center

4701-4729 North Pulaski Road, Chicago, IL 60630

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23,563 sqft

Established retail and service tenancy serves a densely populated Chicago neighborhood with convenient regional access.

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Multi-Tenant Retail Property For Sale

2301-2323 W 95th Street, Chicago, IL 60643

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20,392 sqft

Value-add retail property in Chicago's Beverly Neighborhood.

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Two-Building Shopping Center

5233-5261 W Madison St, Chicago, IL 60644

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22,634 sqft 0.90 AC lot

Brick retail center with a two-story endcap, rear parking, and street-accessible commercial frontage.

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Grocery Anchored Strip Center

5650 W Belmont Avenue |, Chicago, IL 60634

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Grocery anchored strip center for sale in Chicago, Illinois.

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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 13 Active listings in Chicago, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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.

Iconic Oak Lawn Retail Opportunity

5540 W 95th St, Oak Lawn, IL 60453

Contact for pricing

6,279 sqft

Landmark building with retail center in high-traffic area.

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Renovated Six-Unit Strip Mall

6417 South Ridgeland Avenue, Oak Lawn, IL 60453

$3,300,000

Six fully leased units provide established occupancy across the retail center.

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Retail Strip Center with Display Windows

6912-6926 W Roosevelt Rd, Oak Park, IL 60304

Contact for pricing

8,600 sqft 0.31 AC lot

Retail strip center with 8 units and 15' frontage on Roosevelt Road, featuring display windows.

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Office, Retail

6912 W Roosevelt Rd, Oak Park, IL 60304

Contact for pricing

8,600 sqft 0.31 AC lot

Strip malls · 8,600 SF

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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

237 W 79th Street, Chicago, IL 60620

$130,000

0.16 AC lot

Four adjoining parcels carry a COMMR zoning designation in Chicago.

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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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Commercial Development Land

19611 Crawford Avenue, Flossmoor, IL 60422

$399,800

2.53 AC lot

Commercially zoned acreage near established businesses, schools, residential neighborhoods, and commuter routes.

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Chicago, IL Strip Malls Market Trends and Statistics

Explore 13 strip malls for sale in Chicago, IL, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 168,687 square feet of properties for sale, with an estimated market value of $11,086,800.

Sale prices for retail strips in Chicago, IL start at $405,000, averaging $1,583,828, and reaching up to $6,950,000 — 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 2.91M

Population Growth (5Y) +0.6%

Median Household Income $76,477

College Educated 44.3%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
60632	$488.8K
60619	$519K
60620	$637.5K
60639	$1.2M
60653	$7M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Chicago fall within the 10,000 to 25,000 square foot range.

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