Auction 9/26: 3.36 Acre Development Site Near Lowe’s in Chatham
The Details
Auction September 26th
- 3.36 acre development site
- Adjacent to Lowe’s in retail center also anchored by Walmart
- Potential to develop 32,000 SF retail or office building
- Adjacent 0.95 acre site available
- Nearby businesses: Planet Fitness, Chase, Athletico Physical Therapy, Aldi, Home Depot & more
- Large site in busy retail complex
- Traffic Count: 15,400 cars daily
- Zoning: PD 966, 83rd/Stewart TIF
Pre-Auction Offers Considered
A 3.36 acre development site adjacent to Lowe’s is available for sale at auction. The site is an part of the Chatham Market, a large retail complex anchored by Walmart and Lowe’s. The lot can potentially be developed as a 32,000 square foot retail center or office building. 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, including a 0.95 acre adjacent site.
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