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    Oak Lawn, IL Strip Malls for Sale

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    Chicago Ridge, IL Worth, IL Alsip, IL
    Iconic Oak Lawn Retail Opportunity
    $1,300,000
    6,279 SF
    Iconic Oak Lawn Retail Opportunity

    5540 W 95th St, Oak Lawn, IL 60453

    Landmark building with retail center in high-traffic area.
    • Prime location on a high‑traffic commercial corridor with strong visibility.
    • Includes the iconic Premo's building with business value.
    • Adjacent three‑tenant retail center provides additional income.
    • Surrounded by dense residential neighborhoods, national retailers, and established local businesses.
    • Premo's building offers owner‑user, investment, or redevelopment potential.
    Updated: Feb 25
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    Grocery Anchored Shopping Center For Sale
    Contact for pricing
    165,999 SF
    Grocery Anchored Shopping Center For Sale

    4910 W 111th St, Oak Lawn, IL

    Grocery anchored neighborhood center in Chicago MSA for sale.
    • Anchored by Mariano's (KR – Baa1), TJ Maxx (TJX – A2), and HomeGoods (TJX – A2).
    • Located in a high barrier to entry location within the Chicago MSA.
    • Grocery anchored neighborhood center.
    • Stable income stream.
    • Dominant regional and national restaurant and service users.
    Updated: Jul 21, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Oak Lawn, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Marquette Park Commercial Strip Opportunity
    $349,900
    5,400 SF
    Marquette Park Commercial Strip Opportunity

    Commercial strip with four storefronts and investment potential.

    2414 W 71st Street, Chicago, IL 60629

    View details
    Multi-Tenant Retail Center For Sale
    Contact for pricing
    12,675 SF
    Multi-Tenant Retail Center For Sale

    12,675 SF multi-tenant retail center in Homewood, Illinois.

    18320-18336 S Kedzie Avenue, Homewood, IL 60430

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    Multi-Tenant Retail Property For Sale
    Contact for pricing
    20,392 SF
    Multi-Tenant Retail Property For Sale

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

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

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    Retail Strip Center For Sale
    $595,000
    7,500 SF
    Retail Strip Center For Sale

    7,500 SF retail strip center with 75% occupancy.

    17532 Dixie Hwy, Homewood, IL

    View details

    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 Lot Strip Mall Opportunity
    $130,000
    0.16 Acres
    Corner Lot Strip Mall Opportunity

    Ideal corner location for a small strip mall or franchise.

    237 W 79th Street, Chicago, IL 60620

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    Prime Corner Commercial Land Available
    $800,000
    1.90 Acres
    Prime Corner Commercial Land Available

    Corner lot suitable for retail development, drive-thru, or subdivision.

    8450 Willow Springs Road, Willow Springs, IL 60480

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    Commercial Development Land Parcel
    $399,800
    2.53 Acres
    Commercial Development Land Parcel

    A 2.53-acre commercial-zoned parcel suitable for neighborhood-oriented retail or service development.

    19611 Crawford Avenue, Flossmoor, IL 60422

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    2.91 Acres Corner Location
    Contact for pricing
    2.91 Acres
    2.91 Acres Corner Location

    2.91 acres in Will County, corner location, industrial park.

    Lot 1 West Stuenkel Road, University Park, IL 60484

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    Oak Lawn, IL Strip Malls Investment Opportunities Market Analysis

    Explore 2 strip malls for sale in Oak Lawn, IL on our real estate platform. These investment opportunities span a total of 6,279 square feet of properties for sale, with an estimated market value of $1,300,000.

    Sale prices for retail strips in Oak Lawn, IL start at $1,300,000, averaging $1,300,000, and reaching up to $1,300,000 — 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

    Shopping centers 18
    Automotive properties 8
    Storefront properties 6
    Auto shops 5
    Truck stops 2

    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 $1.3M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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