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712 E 87th St 8560 S Cottage Grove Ave 850 - 43,366 SF of Retail Space Available in Chicago, IL 60619
HIGHLIGHTS
- 87th & Cottage Grove offers retail storefront units suitable for a wide range of uses, including retail, restaurant, office, and medical.
- Significant surface parking with over 500 car spaces for customers and employees.
- Easily accessible center ideally located in Chatham less than a mile from I-94/the Dan Ryan Expressway and the 87th Street Metra Station - Red Line.
- Strong national tenant base with retailers such as Chase Bank, Subway, AT&T, and anchor tenants Nike, Discover Card Services, and Walgreens.
- Excellent visibility and frontage along 87th Street and S Cottage Grove Avenue, among a densely populated area with high traffic counts.
SPACE AVAILABILITY (7)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,250 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 3,841 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 850 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor | 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 28 | 10,000 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 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
712 E 87th St - 1st Floor
712 E 87th St - 1st Floor
Fully built out restaurant space with strong visibility, parking and co-tenants.
712 E 87th St - 1st Floor
16,940 SF free-standing Walgreens building at lighted intersection. 250,000 SF power center.
- Lease rate does not include utilities, property expenses or building services
- 91 parking spaces
- High visibility and frontage
- Free-standing building with drive through
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
- Space is in Excellent Condition
- Significant parking
- Strong visibility and co-tenants
8510 S Cottage Grove Ave - 1st Floor - Ste 28
- Fully Built-Out as Standard Retail Space
- Significant parking
- Exposed and finished ceilings with canister lights
- Beautifully finished flooring
- Visibility within center
712 E 87th St - 1st Floor - Ste 9
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
- 10,742
- International
- Chase Bank
- Bank
- 7,623
- National
- Destiny Dental
- MD/DDS
- 25
- Local
- DTLR | VILLA
- Shoes
- 493
- National
- NIKE
- Shoes
- 451
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| America's Kids | Children Apparel | 16 | National |
| AT&T Wireless | Wireless Communications | 10,742 | International |
| Chase Bank | Bank | 7,623 | National |
| Destiny Dental | MD/DDS | 25 | Local |
| DTLR | VILLA | Shoes | 493 | National |
| NIKE | Shoes | 451 | International |
PROPERTY FACTS
| Total Space Available | 43,366 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 | 43,366 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
87th & Cottage Grove is a 263,000-square-foot power shopping center located in the densely populated Chicago neighborhood of Chatham. This bustling 30-unit center offers exceptional storefront opportunities with ample surface parking, surrounded by a strong national tenancy in and around the center. Major tenants include Nike, Walgreens, Chase Bank, AT&T, Discover Card Services, Kids Foot Locker, Jackson Hewitt Tax Service, and more. A variety of retail suites are available with move-in-ready options, ideal for tenants like fast-food franchises, retail, restaurants, offices, and medical users. The property's positioning along the main retail corridor of S Cottage Grove Avenue grants it superior connectivity and visibility, enhancing its efficacy for a wide range of uses. 87th & Cottage Grove provides superior frontage at a four-way, signalized intersection with traffic counts of 19,400 cars per day along S Cottage Grove Avenue and over 20,680 daily drivers along E 87th Street. Situated on Chicago’s South Side, Chatham offers residents an urban aesthetic with a host of suburban amenities, such as national retailers, chain restaurants, lush parks, and recreation. Getting around from Chatham is easy, with access to several Metra rail stations and well-connected significant area thoroughfares and highways. 87th & Cottage Grove is ideally positioned less than a mile from Interstate 94/the Dan Ryan Expressway and the 87th Street Metra Station - Red Line, providing seamless access to and from the property.
- 24 Hour Access
- Banking
- Bus Line
- Restaurant
- Signage
NEARBY MAJOR RETAILERS
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712 E 87th St | 8560 S Cottage Grove Ave
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