Auction 9/26: 1.13 Acre Outlot Adjacent to Athletico Physical Therapy
The Details
Auction September 26th
- 49,081 SF development site
- Adjacent to shadow anchor leased to Athletico and Boost Mobile
- Outlot for retail center anchored by Walmart and Lowe’s
- 216’ of frontage on 83rd St.
- Potential to build retail, drive-thru restaurant, or office building
- Nearby businesses: Planet Fitness, Chase, Aldi, Home Depot & more
- Traffic Count: 15,400 cars daily
- Zoning: PD 966, 83rd/Stewart TIF
Pre-Auction Offers Considered
A 49,081 square foot development site adjacent to a retail building partially leased to Athletico Physical Therapy is available for sale at auction. The site is an outlot for Chatham Market, a large retail complex anchored by Walmart and Lowe’s. With 216’ of frontage on 83rd, the lot can potentially be developed as a 5,000 square foot retail center, a drive-thru restaurant, or an office. Additional tenants in the Chatham Market complex include Planet Fitness, Athletico Physical Therapy, Boost Mobile, Chase, Aldi, Home Depot and many more. Three additional lots are also available for sale at auction in the center.
Located 10 miles south of the Loop, Chatham is a middle class neighborhood on the south side. The neighborhood is one of the strongest retail areas outside of downtown Chicago. Near the Dan Ryan Expressway and with frontage on 83rd St., this outlot is a highly visible property in a strong retail complex.
* Please note, the Minimum Bid shown does not include the 6.0% Buyer's Premium