Property Description

Prime 0.68-acre (29,553 SF) outlot available in Chatham Market, one of Chicago's strongest South Side retail destinations anchored by Walmart and Lowe's. This highly visible site offers 130 feet of frontage on 83rd Street with daily traffic counts of 15,400+ cars, making it an ideal location for national tenants seeking high exposure. Surrounded by national brands including Chase, BMO Harris, Potbelly, GameStop, Planet Fitness, Aldi, and Home Depot, the property is perfectly suited for retail, office, or restaurant use. Zoning (PD 966, 83rd/Stewart TIF) allows for flexible development options, including a drive-thru restaurant up to 2,900 SF. Build-to-Suit for qualified National Tenants-making this a unique opportunity to secure space in a proven retail corridor without upfront development costs.

Features & Information

Key Details

List Price $499,000
Property Taxes $6,557
Acreage 0.68
Lot Dimensions Frontage
Status New

Schools

Elementary School District 299
Junior High District 299
High School District: 299

Location

General Information Interstate Access
County Cook
Township Lake
Corporate Limits Unincorporated
Directions to Property From 79th & Halsted: Head S On Halsted St To 83rd. Turn W On 83rd St. Property Is On The N Side Of The Street Just W Of S Elizabeth St.

Property Taxes
Tax $6,557
Tax Year 2023
Parcel Identification Number 20334050110000

Listed by: Kawash Group | Phone: 630.337.9126
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 12/18/2025 6:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Chatham

A strong history of prestigious African American-owned businesses established a solid base for a prosperous and successful Chicago neighborhood that is still present in Chatham and spills over into beautiful residential blocks and a viable commercial and dining district. Single-family homes dominate the neighborhood with a handful of multi-unit buildings here and there. But, for the most part Chatham residents live in classic bungalows and frame houses with small green yards and shaded front sidewalks. Along the main thoroughfares dozens of restaurants, takeout places, and neighborhood bars line the street, welcoming familiar faces to enjoy a meal and relax after a long day. Scattered among the eateries are a good selection of clothing stores and unique boutiques, with a Target on hand for the best in one-stop shopping.

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