For Lease
$18/SF/YR

8066 111Th St Palos Hills, IL 60465

Prime Palos Hills retail space available. High visibility, strong demographics.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 25,000 square foot, single-story retail center, built in 1988 and renovated in 2023, is located at 8066 W 111th St, Palos Hills, IL 60465, at the intersection of 111th Street and Roberts Road. The property sits on a 3-acre lot and offers 14 suites, with 9,500 square feet currently vacant. Spaces range from a minimum of 1,000 square feet to a maximum contiguous space of 5,500 square feet. The center boasts dual-sided pylon signage providing excellent visibility to the nearly 11,000 vehicles that travel 111th Street daily. Benefit from the proximity to major retailers including Walgreens, McDonald's, Taco Bell, Pizza Hut, and Ace Hardware. Ample parking is available with 200 spaces. The property is zoned commercial (Class B) and enjoys a prime location across from Stagg High School and one mile west of Moraine Valley Community College. The Palos Hills area is experiencing significant growth, with the population increasing from 17,617 to 19,212. Further enhancing the location's appeal, millions of dollars are being invested in the 111th Street corridor, including a new Starbucks at the hard corner of 111th and Roberts Road, and a new townhome development is underway next door. This presents a unique opportunity for businesses to thrive in a rapidly developing and highly visible location.

Highlights

  • Neighborhood shopping center totaling 25,000 square feet in Palos Hills.
  • High-visibility location on 111th Street across from Stagg High School, one mile west of Moraine Valley Community College, with dual-sided pylon signage and nearly 11,000 vehicles per day passing by.
  • Strong co-tenancy with national retailers including Walgreens, McDonald's, Taco Bell, Pizza Hut, and Ace Hardware.
  • Located in a rapidly growing area with significant planned improvements, including millions of dollars in City of Palos Hills investment in the 111th Street corridor and a new Starbucks at a nearby hard corner. New townhome development adjacent to the property.
  • Population growth in Palos Hills from 17,617 to 19,212.
  • Excellent leasing opportunity in a thriving area.

Property Details for 8066 111Th St

Property type
Retail properties
RSF (Rentable sq. ft)
25,000 SF
Class
B
Year Built/Renovated
1988/2023
Buildings
1
Stories
1

Unit(s) available at that property

Space
8102
Size
1,000 SF
Rate per SF
$18
Space
8104
Size
1,000 SF
Rate per SF
$18
Space
8110
Size
5,500 SF
Rate per SF
$18

Location Insight

City
Palos Hills
County
Cook
State
Illinois
Latitude
41.6902099
Longitude
-87.8193961

FAQs

What type of property is this?
Retail property - Prime Palos Hills retail space available. High visibility, strong demographics.
Where is the retail property located?
The property is located at 8066 111Th St Palos Hills, IL.
What is the lease rate?
The lease rate is $18/SF/YR.
What are key features of this property?
This property features: Neighborhood shopping center totaling 25,000 square feet in Palos Hills.; High-visibility location on 111th Street across from Stagg High School, one mile west of Moraine Valley Community College, with dual-sided pylon signage and nearly 11,000 vehicles per day passing by.; Strong co-tenancy with national retailers including Walgreens, McDonald's, Taco Bell, Pizza Hut, and Ace Hardware.
How can I contact the broker?
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8066 111Th St
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