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Highlights

  • 19,378 SF outlot with potential for a drive-thru configuration.
  • Located just west of CTA Red Line’s 87th Street Station with over 1.1 million annual riders.
  • Proximity to major national retailers including Walmart, Lowe’s, Marshalls, and more.
  • Immediate access to I-94 interchange with visibility to over 264,000 vehicles daily.
  • Situated within an established retail center anchored by Jewel-Osco and Floor & Decor.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 5,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
101-125 W 87th St - 1st Floor
Space Use
Retail
Availability
Pending

• 19,378 SF (0.449AC) Outlot Available • Drive-thru potential • Directly across from I-94 Interchange Ramp • Just West of 87th Street CTA Redline Station » 1,186,724 Riders Per Year / 3,489 Avg Weekday

  • Space is an outparcel at this property
Space Size Term Rental Rate Rent Type
1st Floor 5,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD

101-125 W 87th St - 1st Floor

Size
5,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Availability
Pending

• 19,378 SF (0.449AC) Outlot Available • Drive-thru potential • Directly across from I-94 Interchange Ramp • Just West of 87th Street CTA Redline Station » 1,186,724 Riders Per Year / 3,489 Avg Weekday

  • Space is an outparcel at this property

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 87th & Dan Ryan Center

  • Tenant
  • Description
  • US Locations
  • Reach
  • Beauty One
  • Health & Beauty Aids
  • -
  • Local
  • Burlington Stores
  • Dept Store
  • 1,437
  • National
  • Freeman Jewelers
  • Jewelry/Watches
  • 1
  • Local
  • Home Furniture Outlet
  • Furniture/Mattress
  • 1
  • Local
  • Rainbow
  • Ladies' Apparel
  • 1,106
  • National
Tenant Description US Locations Reach
Beauty One Health & Beauty Aids - Local
Burlington Stores Dept Store 1,437 National
Freeman Jewelers Jewelry/Watches 1 Local
Home Furniture Outlet Furniture/Mattress 1 Local
Rainbow Ladies' Apparel 1,106 National

Property Facts

Total Space Available 5,000 SF
Center Type Community Center
Parking 585 Spaces
Stores 13
Center Properties 4
Gross Leasable Area 216,524 SF
Total Land Area 25.80 AC
Year Built 1974

About the Property

Position your business at an established retail hub in the heart of Chicago’s Chatham neighborhood. This outlot at 87th Street Center offers 19,378 SF with the potential for a drive-thru, making it a highly attractive location for quick-service restaurants, coffee concepts, and other high-traffic uses. The site benefits from exceptional exposure along W 87th Street and strong visibility from I-94, which experiences over 264,000 vehicles per day. The property is situated just west of the 87th Street CTA Red Line Station, which averages 3,489 weekday riders, driving additional foot traffic to the trade area. Prominent co-tenancy includes Jewel-Osco, Floor & Decor, Citi Trends, and Rainbow, alongside national retailers such as Walmart, Lowe’s, Marshalls, and Food 4 Less in the immediate retail corridor. The dense urban location boasts strong daytime population and convenient access to major roadways, ensuring high customer accessibility. This site is ideal for operators seeking a high-visibility pad with tremendous consumer reach and easy ingress and egress near major transportation infrastructure.

  • Freeway Visibility
  • Pylon Sign
  • Signalized Intersection
Somewhat walkable
30/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
40/100

Nearby Major Retailers

Starbucks
Jewel-Osco
Huntington Bank
Harold's Chicken Shack
Food 4 Less
Planet Fitness
Bank of America
Jazzercise
Chase Bank
BMO Harris Bank
  • Listing ID: 32989140

  • Date on Market: 2024-05-17

  • Last Updated:

  • Address: 87-125 E 87th St, Chicago, IL 60619

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