Retail Space - For Sale
8501 88th Avenue Justice, IL 60458
Details & Description
Price: $1,750,000
  • Property Type Retail for Sale : Shopping Center
  • Lot Size Acres 1.350
  • Building Sq Ft 13,460
  • Building Price per Sq Ft $130.01
  • Land Sq Ft 58,806
  • Land Price per Sq Ft $29.76
The M.I.A team in conjunction with Keller Williams ONEChicago and KW Commercial is proud to present 8501- 8523 S 88th Ave., Justice, IL 60458. This retail strip provides investors with access to a 94 percent occupied retail property of Class C. The 8501-8523 S 88th Ave. retail strip center is situated in the Near South Cook submarket of Chicago, Illinois that has nearly 230,000 people in a 5 mile radius. There are 30 parking spaces available on-site, providing ample parking for tenants. IDOT announced new access and exit ramps to I-294 onto 88th Ave Strip center located less than a quarter mile from planned I-294 Ramps.
Property ID:    300312
Property URL: melqr.com/300312
Generated:    04-01-23
Property Highlights
• Array
Additional Photos
Listing Agents
Tony Hardy

O: 773-575-6082
tonyhardy@kw.com
Travis Montgomery

O: 773-946-8816
travis.m@kwcommercial.com
Ariana Abercrumbie

O: 312-216-2422
M: 312-805-3756
ariana@kwcommercial.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
Retail Space / Illinois / Justice / 60458 / 8501 88th Avenue

8501 88th Avenue

Justice, IL 60458

Listing ID: 300312
$1,750,000
For Sale
  • Property Type Retail for Sale : Shopping Center
  • Lot Size Acres 1.350
  • Building Sq Ft 13,460
  • Building Price per Sq Ft $130.01
  • Land Sq Ft 58,806
  • Land Price per Sq Ft $29.76
  • 8501 88th Avenue Justice, IL 60458 | for Sale | Photo 1
  • 8501 88th Avenue Justice, IL 60458 | for Sale | Photo 2
  • 8501 88th Avenue Justice, IL 60458 | for Sale | Photo 3
  • 8501 88th Avenue Justice, IL 60458 | for Sale | Photo 4
8501 88th Avenue | for Sale | Thumbnail 1
8501 88th Avenue | for Sale | Thumbnail 2
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8501 88th Avenue | for Sale | Thumbnail 4
Property Highlights
• Retail Strip Center Located Less Than a Quarter-Mile from Planned I-294 Ramps
• JJ Fish, Justice Laundromat & Justice Child Care are Anchor Tenants
• Adjacent to More Than 1,660 Apartments Units
• Average Household Income of over $90,000 in a 5-Mile Radius
• A Value-Add Retail Strip Center Under $150 Per Square Foot
Description

The M.I.A team in conjunction with Keller Williams ONEChicago and KW Commercial is proud to present 8501- 8523 S 88th Ave., Justice, IL 60458. This retail strip provides investors with access to a 94 percent occupied retail property of Class C. The 8501-8523 S 88th Ave. retail strip center is situated in the Near South Cook submarket of Chicago, Illinois that has nearly 230,000 people in a 5 mile radius. There are 30 parking spaces available on-site, providing ample parking for tenants. IDOT announced new access and exit ramps to I-294 onto 88th Ave Strip center located less than a quarter mile from planned I-294 Ramps.

Attachments & Files
justice-plaza-om-2023-optimized-oGI-RhV.pdf

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Justice Area Market Trends

Listing Demographics for 8501 88th Avenue Justice, IL 60458

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population14,84976,340232,015
Population Median Age353840
Population by Age0-9 Yrs2126 (14%)10479 (13%)28641 (12%)
10-19 Yrs1648 (11%)9871 (12%)29877 (12%)
20-29 Yrs3045 (20%)10153 (13%)27054 (11%)
30-39 Yrs2250 (15%)11016 (14%)30217 (13%)
40-49 Yrs1643 (11%)9069 (11%)28271 (12%)
50-59 Yrs1700 (11%)9153 (11%)32043 (13%)
60-69 Yrs1562 (10%)9281 (12%)30309 (13%)
70+ Yrs875 (5%)7318 (9%)25604 (11%)
Median HH Income$60,902$61,677$68,367
Total Household Income< 24K912 (17%)4892 (17%)13233 (15%)
25-49K1199 (23%)6417 (23%)18480 (21%)
50-74K941 (18%)4964 (18%)14490 (17%)
75-99K727 (13%)3638 (13%)10742 (12%)
100-199K1258 (24%)6008 (21%)21121 (24%)
200K+175 (3%)1649 (5%)6884 (8%)
Highest Education LevelNo Diploma1101673820410
Diploma or GED29101708749161
Some College23681112034617
Assoc. Degree1161480114112
Bachelors Degree1337730327611
Higher Degree576407215114
Total Housing Units5,77730,03290,852
--Owner-Occupied2,73618,17562,625
--Renter-Occupied2,4769,39322,324
Owner-Occupied Values< 100K23924856142
100-199K807514518822
200-299K1181725522130
300-399K39221487630
400-499K1036882480
500K+164545421
Total Working Age Population11,52259,699184,461
In Work Force8,21438,285115,272
Not In Work Force3,30821,41469,189
Workforce Employed7,81736,226108,147
Workforce Unemployed3972,0607,115
Civlian Workforce8,21438,285115,262
Military Workforce0010
Total Households5,21327,56784,949
Family Households3,49018,47858,010
Non-Family Households1,7229,08926,939
Married Couple2,47113,36943,507
Other Family1,0205,11014,503
Married w/Child1,1155,70617,617
Single Male w/Child1207341,853
Single Female w/Child3301,4804,180

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Illinois12,419,293+312,830,632+1214,316,487+615,138,849
DuPage County904,161+1916,924+101,010,323+21,034,039
Cook County5,376,741-35,194,675+105,707,832+55,990,243

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
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Closest Commercial Airports
Airport Distance (mi)
Chicago Midway International Airport (MDW) 6
Chicago O'Hare International Airport (ORD) 17
Chicago Rockford International Airport (RFD) 72
Listing Agent
Tony Hardy - CRE Agent at

Tony Hardy

Independent Agent

773-575-6082 (office)

VIEW AGENT PROFILE

kwcommercial.com

CONTACT ME

Listing Co-Agent
Tony Hardy - CRE Agent at

Travis Montgomery

773-946-8816 (office)

CLICK TO VISIT

Listing Co-Agent
Tony Hardy - CRE Agent at

Ariana Abercrumbie

312-216-2422 (office)

312-805-3756 (mobile)

CLICK TO VISIT

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