Auction 9/26: Four Lots with 5.98 Acres Near Walmart and Lowe’s
The Details
Auction September 26th
- 5.98 acres for development
- Divided into 4 lots
- Part of retail center anchored by Walmart and Lowe’s
- Potential to develop retail, drive-thru restaurant or office building
- Nearby businesses: Planet Fitness, Chase, Athletico Physical Therapy, Aldi, Home Depot & more
- All part of busy retail complex
- Traffic Count: 15,400 cars daily
- Zoning: PD 966, 83rd/Stewart TIF
Pre-Auction Offers Considered
Four development sites, totaling 5.98 acres, are available for sale at auction as a portfolio. The sites are part of the Chatham Market, a large retail complex anchored by Walmart and Lowe’s. Under the current zoning, the lots can potentially be developed as retail, office or drive-thru restaurants. Additional tenants in the Chatham Market complex include Planet Fitness, Athletico Physical Therapy, Boost Mobile, Chase, Aldi, Home Depot and many more. The sites are also available individually.
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