201 W. 83rd St, Chicago
Prime Development Opportunity in West Chatham – 0.68 Acre Vacant Lot on High-Traffic 83rd Street
Marketing 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.
Investment highlights
29,553 SF development site (0.68 acres)
Outlot within Walmart & Lowe’s anchored shopping center
Strong traffic counts and excellent visibility on 83rd Street
Surrounded by top national tenants and retailers
Potential for retail, office, or drive-thru restaurant development
Zoning: PD 966 | 2023 Taxes: $6,557.39
Owner open to Build-to-Suit opportunities for National Tenants
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