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712 E 87th St 8560 S Cottage Grove Ave 1,330 - 42,185 SF of Retail Space Available in Chicago, IL 60619
Highlights
- Multiple retail spaces available from 1,330 SF to 16,940 SF, plus outlot development opportunity.
- Convenient access to Dan Ryan Expressway and 0.3 miles from Metra station at 87th Street.
- Dense urban trade area with strong population and daytime employment base.
- Anchored by Nike, Kids Foot Locker, DTLR, Chase, and AT&T, with Discover Customer Care Center nearby.
- Multiple drive-thru opportunities available for QSR and service-oriented tenants.
- High visibility along 87th Street and Cottage Grove Avenue with significant traffic counts.
Space Availability (6)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 13 | 3,841 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 22 | 16,940 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 26 | 5,500 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 29 | 9,589 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 3 | 1,330 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 9 | 4,985 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
712 E 87th St - 1st Floor - Ste 13
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
712 E 87th St - 1st Floor - Ste 22
16,940-SF freestanding Walgreens building at lighted intersection. 250,000-SF power center.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- 91 parking spaces
- High visibility and frontage
- Freestanding building with a drive-thru
712 E 87th St - 1st Floor - Ste 26
Fully built-out 5,500-SF restaurant with extensive kitchen infrastructure and high-volume capacity. Features include a private party room, game zone, and full prep kitchen with walk-in cooler and freezer, multiple hood systems, and fire deck ovens. Three restrooms (including unisex), office, and ample back-of-house storage. Sits on a property with 250+ parking spaces. Ideal for large-format QSR, catering hub, ghost kitchen, or multi-concept food operator.
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Significant parking
- Strong visibility and co-tenants
8510 S Cottage Grove Ave - 1st Floor - Ste 29
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Significant parking
- Exposed and finished ceilings with canister lights
- Beautifully finished flooring
- Visibility within center
712 E 87th St - 1st Floor - Ste 3
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
712 E 87th St - 1st Floor - Ste 9
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 712 E 87th St
- Tenant
- Description
- US Locations
- Reach
- America's Kids
- Children Apparel
- 16
- National
- AT&T Wireless
- Wireless Communications
- 10,764
- International
- Chase Bank
- Bank
- 7,633
- National
- Destiny Dental
- MD/DDS
- 25
- Local
- DTLR | VILLA
- Shoes
- 590
- National
- NIKE
- Shoes
- 450
- International
| Tenant | Description | US Locations | Reach |
| America's Kids | Children Apparel | 16 | National |
| AT&T Wireless | Wireless Communications | 10,764 | International |
| Chase Bank | Bank | 7,633 | National |
| Destiny Dental | MD/DDS | 25 | Local |
| DTLR | VILLA | Shoes | 590 | National |
| NIKE | Shoes | 450 | International |
Property Facts
| Total Space Available | 42,185 SF | Frontage | |
| Center Type | Community Center | Gross Leasable Area | 124,197 SF |
| Parking | 1728 Spaces | Total Land Area | 19.89 AC |
| Stores | 29 | Year Built | 2002 |
| Center Properties | 3 |
| Total Space Available | 42,185 SF |
| Center Type | Community Center |
| Parking | 1728 Spaces |
| Stores | 29 |
| Center Properties | 3 |
| Frontage | |
| Gross Leasable Area | 124,197 SF |
| Total Land Area | 19.89 AC |
| Year Built | 2002 |
About the Property
For Lease Property Description Note (LoopNet): Chatham Village Square, located at 87th Street and Cottage Grove Avenue, is a premier Southside neighborhood shopping center offering a dynamic mix of retail opportunities. The property features multiple small shop spaces ranging from approximately 1,330 SF to 16,940 SF, as well as a proposed outlot development of +/- 1 acre with the ability to accommodate a drive-thru. This center is anchored by strong national tenants including Nike, Kids Foot Locker, DTLR, Chase, and AT&T, and is adjacent to the Discover Customer Care Center, which employs over 1,000 people on-site. The center offers convenient access to the Dan Ryan Expressway and is located just 0.3 miles from the Metra station at 87th (Woodruff), ensuring excellent connectivity for both customers and employees. Multiple drive-thru opportunities are available, making this an attractive option for quick-service restaurants and other high-traffic uses. With strong surrounding demographics and a dense urban trade area, Chatham Village Square provides a high-visibility, high-traffic location for retailers seeking to establish or expand their presence in Chicago’s Southside market.
- 24 Hour Access
- Banking
- Bus Line
- Restaurant
- Signage
Nearby Major Retailers
