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Project · Chicago, IL · Updated today

Kedzie shopping center redevelopment (former Kmart)

5050 South Kedzie Avenue, 14th WardLevel CapitalApprovedCommercial

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Sourced from Chicago meeting, Sep 22, 2026. ZoneWire tracks 162 projects in Chicago, IL, updated within 24h of every meeting.

Where this stands

~10-acre site with existing 174,000 sq ft single-story building and surface lot; restore as shopping destination with national retail tenants, food hall, two new outlot buildings; ~$30 million investment including tenant improvements; 150-200 construction jobs and 150-200 permanent jobs.

Case factsSource: ZoneWire
Project
Kedzie shopping center redevelopment (former Kmart)
Asset class
Commercial
Developer
Level Capital
Location
5050 South Kedzie Avenue, 14th Ward
Scale
10 acre
County
Chicago, IL
Jurisdiction
Chicago
Current status
Approved

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CommercialApproved5050 South Kedzie Avenue, 14th WardChicago, IL

Kedzie shopping center redevelopment (former Kmart)

Approved

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