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    4254 W 55Th St Chicago, IL 60632

    New
    For Lease
    $15 SF/Yr

    Commercial Lease - Chicago, IL

    Days on Market:
    3
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 4254 W 55Th St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1959
    Architectural style
    Other

    Keller Williams Preferred Realty (708) 798-1111 [email protected]

    Listing agent Anthony Lucio (708) 798-1111 License #475165960

    Listing date Dec 11, 2025

    MLS# 12531155 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Retail Space For Lease

    This well-maintained 1600 sq. ft space is available for lease. The property is zoned B1-1 and features tons of natural light and a wide open space. There is a divided behind-the-counter area, and a secured storeroom area for employees which has tons of cabinet space, seating, and a handwashing area. Potential access to a basement offers nearly 700 sq feet of additional usage. The previous tenant was a pharmacy, making it perfect for a pharmacy, drug store, neighborhood corner store, cell phone carrier, or other wellness services. The space can also be used for other types of businesses such as insurance, real estate, finance, lending, or other professional offices and administrative workspaces. Located close to Midway Airport on busy 55th Street, the property benefits from a high-traffic area mixed with residential and commercial activity. According to IDOT, the average daily traffic is 13,000.
    Insight Report Location Intelligence

    Current Use by Public Records

    Michelle Rojas MD Pediatrician Elsdon Medical Pharmacy Pharmacy Patricia Arroyo MD Pediatrician Manuel O Rojas ... Pediatrician Practice Limited Pediatrics Pediatrician

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Matthew Ochocinski, PharmD, Mexicare Pharmacy Iii, Wendy Lange, Sports nutrition store, Core Supplements Kedzie

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7302324
    Latitude
    41.7934213

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    FAQs

    What type of property is this?
    Drug store - Well-maintained 1600 sq ft retail space near Midway Airport.
    Where is this drug store located?
    The property is located at 4254 W 55Th St Chicago, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on 55th Street near Midway Airport with 13,000 Avg Daily Traffic.; - Zoned B1-1, suitable for a variety of businesses.; - Well-maintained 1600 sq. ft space with ample natural light and open layout.
    (708) 798-1111
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    4254 W 55Th St Chicago, IL 60632
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    Chicago, IL 60632
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4254 W 55Th St Chicago, IL 60632
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