Shopping Center For Lease

Description

Sherman Plaza is anchored by Staples, which is said to be one of the busiest Staples in Chicago. The center is located near 87th and the Dan Ryan Expressway in the Chatham neighborhood. This 64,845 square foot center is an ideal location for many retailers. There are currently two spacesavailable for lease. The first is 4,766 square feet, and the other is 2,500 square feet. The two spaces cannot be combined.

Area Description

The Chatham neighborhood is defined as the area bounded by 75th Street (7500 South) on the North, cottage Grove Avenue (800 East) on the east, 91st Street (9100 S) on the south, and the Vincennes Railroad on the west. Located approximately 10 miles south of Chicago's Central Business District, the neighborhood is accessible via Interstate 94, which passes bythe property and has an on and off ramp interchange at 87th Street, just east of the property. Nearly 240,000 cars drive past 87th Street and Interstate 94 interchange daily.

Contacts

  • Scott Maesel
    Executive Managing Director
    Phone 312.676.1860
    Fax 312.676.1867
    E-Mail smaesel@svn112.com
  • Matthew Andelman
    Senior Advisor
    Phone (312) 676-1875
    Fax (312) 676-1867
    E-Mail mandelman@svn112.com

Company

Sperry Van Ness
112 S. Sangamon, 2nd Floor
Chicago, IL 60607
Phone 312.676.1877
Fax 312-676-1867
e-Mail kwhittaker@svn112.com
Commercial Retail Lease
163 West 87th Street
Chicago, IL 60620


County
Cook
Building StatusExistingTotal SF64,845Lot Size304,920 SFYear Built2007ZoningB3-1TenancyMulti TenantPIN25042000230000
Space Available4,766 SF Space Range2,500 to 4,766 Square Feet Lease Rate$22.00 SF/Year NNNCAM (Est)$3.77Real Estate Taxes (Est)$4.62PossessionAvailableNon-Disclosure Required Yes
Parking InformationTotal Building Spaces245Outdoor Spaces245

Financials

Land/Lot Info

Lot Size :304920.00 SF
Frontage Access :City Street
Geographic Locale :Chicago South

Construction Info

 

©2010 Sperry Van Ness.  An Equal Opportunity Company. Equal Housing Opportunity.