201 W 83rd St- Chicago

201 W 83rd St, Chicago, IL 60620
$499,000 Price
$17 Price Per SF
0.68 Land Acres
29,553 Land SF
1 # of parcels
PD 966, 83rd/Stewart TIF Zoning Type

Investment Highlights

  • 29,553 SF development site (0.68 acres) Outlot within Walmart & Lowe’s anchored shopping center Strong traffic counts and excellent visibility on 83rd Street Surrounded by top national tenants and retailers Potential for retail, office, or drive-thru restaurant development Zoning: PD 966 | 2023 Taxes: $6,557.39 Owner open to Build-to-Suit opportunities for National Tenants

Property Overview

  • Adjacent to Chase, a 29,553 square foot development site is available for sale. Highly visible, this site can potentially be developed as a 2,900 square foot retail or office building or even a restaurant with a drive-thru. The site is an outlot for Chatham Market, a large retail complex anchored by Walmart and Lowe’s. Additional tenants in the Chatham Market complex include BMO Harris, Potbelly, GameStop, Planet Fitness, Athletico Physical Therapy, Boost Mobile, Aldi, Home Depot and many more. Three additional lots in the center are also available for sale. Located 10 miles south of the Loop, Chatham is a middle class neighborhood on the south side. The neighborhood is one of the strongest retail areas outside of downtown Chicago. Near the Dan Ryan Expressway and with frontage on 83rd Street, this outlot is a highly visible property in a strong retail complex.

Location & Neighborhood

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