This Retail Property is Off-Market.

163 W. 87th Street
Chicago, IL 60620 ·

Retail For Lease

N/A

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Shopping Center For Lease In Chatham

Rental Rate N/A Year Built 2007
Min. Divisible 2,500 SF Anchor Tenant 1 Staples
Max. Contiguous 4,766 SF Anchor Tenant 2 TMobile
Property Type Retail Anchor Tenant 3 TCF Bank
Property Sub-type
Strip Center
More...
  • Retail (Other)
  • Neighborhood Center
Zoning Description 3-1
Gross Leasable Area 7,266 SF
Listing ID: 16627416 Date Created: 03/29/2010 Last Updated: 09/02/2011

2 Spaces

Display Rental Rate as

Space B

Space Available 4,766 SF Date Available Mar 2010
Space Type Strip Center No. Parking Spaces 245
Lease Type Modified Gross

Space G

Space Available 2,500 SF Date Available Mar 2010
Space Type Strip Center No. Parking Spaces 245
Lease Type NNN

Description

Sherman Plaza is anchored by Staples, which is said to be one of the busiest Staples in Chicago. The center is located near 87th and the Dan Ryan Expressway in the Chatham neighborhood. This 64,845 square foot center is an ideal location for many retailers. There are currently two spaces available for lease. The first is 4,766 square feet, and the other is 2,500 square feet. The two spaces cannot be combined.

The Chatham neighborhood is defined as the area bounded by 75th Street (7500 South) on the North, cottage Grove Avenue (800 East) on the east, 91st Street (9100 S) on the south, and the Vincennes Railroad on the west. Located approximately 10 miles south of Chicago's Central Business District, the neighborhood is accessible via Interstate 94, which passes by the property and has an on and off ramp interchange at 87th Street, just east of the property. Nearly 240,000 cars drive past 87th Street and Interstate 94 interchange daily.

Highlights

  • Join Staples,T-Mobile, Dots,TCF Bank, and others
  • Shadow Anchored by Jewel/Osco and Home Depot
  • Near Highway Access and in the 87th St corridor
  • $22 NNN Plus $8.39 for CAM and Taxes Annually

Research

163 W. 87th Street, Chicago, IL 60620 (Cook County)

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