3200 Chicago Rd
South Chicago Heights, IL 60411
Retail Property For Sale

20-YEAR TENANT HISTORY  
Both Chase Bank and the franchisee of Boost Mobile (formerly T-Mobile / Sprint) have operated at this location for over 20 years, demonstrating long-term commitment to the site and strong business durability. This exceptional longevity, reinforced by both tenant’s recent renewals, highlight the tenants’ continued dedication to the corner.
PUBLICLY TRADED ANCHOR TENANT
The Property is anchored by Chase Bank, a subsidiary of JPMorgan Chase & Co. (NYSE: JPM), one of the largest and most financially stable institutions in the world with over $3.7 trillion in assets under management and investment-grade credit ratings. It is co-tenanted by Boost Mobile, a nationally recognized prepaid wireless brand now owned by EchoStar Corporation (NASDAQ: SATS), following the 2023 merger with DISH Network. Together, the tenants represent established national brands with long operating histories and backing from publicly traded parent companies, reinforcing the site’s income durability.
PRIME CORNER OUTLOT TO DOMINANT GROCER JEWEL-OSCO
The Property is positioned as an outlot to Jewel-Osco, one of the leading grocery anchors in the Chicago MSA. This direct adjacency to a high-traffic national grocer provides a customer base, consistent cross-shopping traffic, and long-term leasing demand. Retail outlots to grocery anchors are highly sought after due to their stability, visibility, and consistent performance through market cycles.
DOMINANT NATIONAL BRANDS ON NET LEASES
Both JPMorgan Chase and Boost Mobile are encumbered under net leases, allowing future ownership to benefit from minimal hands-on management and providing a hedge against expense growth, as tenants are responsible for fully reimbursing real estate taxes, CAM, and insurance. JPMorgan Chase further enhances the Investment’s security, carrying a strong AA credit rating (DBRS), reflecting its exceptional financial strength and global reputation as one of the most stable banking institutions. Chase Bank represents over 78% of the Property’s total gross rental income, providing a stable and credit-backed anchor tenant.
STRONG RETAIL CORRIDOR & SOLID DAILY TRAFFIC COUNTS
The Property sits at the intersection of Chicago Road (IL-1) and Sauk Trail, offering strong local visibility and steady traffic flow. Chicago Road has a flow of 13,200 vehicles per day (VPD); Sauk Trail has 17,800 VPD. This location offers prime street frontage, easy access, and consistent exposure to a combined 31,000 VPD.
INFILL DEMOGRAPHICS 
The surrounding area is well-populated, with over 138,000 residents within a 5-mile radius, supporting consistent demand for essential retail tenants.