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Storefront Space with Storage
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7041 W Addison Street, Chicago, IL 60634

Commercial Lease, Chicago, IL

Space SizeContact for details
Days on Market69

Property Features for 7041 W Addison Street

General Information

Property type Commercial Lease
Property subtype Retail
Directions EAST OF HARLEM, WEST OF OAK PARK AVE FACES NORTH
Subdivision CHI - Dunning
Standard status Active
APN 13193030080000

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6752

Utilities

Cooling system Ceiling Fan(s)

Amenities

spacious open floor plan
additional plumbing hookups
dedicated on-site storage
coin-operated laundry washer and dryer
in-wall A/C
baseboard heating
shared yard

Building Details

Year built 1931
Floors in Building 1
Listing Agency: HomeSmart Connect LLC · HomeSmart International
Listed By: Elva Martinez · License #475151213
Added: Jul 29 Changed: Aug 19 Last Checked: Oct 5 at 7:06PM
MLS# 12715372

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This storefront space at 7041 W Addison Street features an open floor plan that can accommodate retail, office, or service businesses. Additional plumbing hookups support uses specifically identified for barber, hair and beauty, dog grooming, and medical or wellness operations. Dedicated storage is included within the unit, while in-wall A/C and baseboard heating provide interior climate control. The building also offers coin-operated laundry equipment in the basement.

The property includes 1 assigned parking space along the side of the building and access to a shared yard. It is located in Chicago’s Schorsch Village near Jefferson Park, with access to I-90 and proximity to Harlem Irving Plaza. The building was constructed in 1931 and is within Chicago Public School District 299.

Key Highlights

  • Open floor plan suited to retail, office, or service businesses
  • Additional plumbing hookups support barber, salon, dog grooming, and medical or wellness uses
  • Dedicated storage included within the unit

Property Analytics

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Current Use

Angelique Hair Design Hair Salon

Suggested Use

Top Pick Law Firm Parking Lot & Garage Hotel & Motel (Bike/Boat/Book/etc) Store Food Market Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,313
Businesses Nearby
87k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 74% Shops & Services 26%
McDonald's Dining
30,205 visits/mo 0.3 miles
BP Shops & Services
17,718 visits/mo 0.2 miles
Starbucks Dining
13,460 visits/mo 0.2 miles
Taco Bell Dining
7,993 visits/mo 0.3 miles
KFC Dining
6,088 visits/mo 0.4 miles

Demographics for 60634, IL

75,694
Population
29,344
Households
2.6
Avg Household Size
41
Median Age
27%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
10,661
Density / Sq Mi
$84,997
Median Household Income
$46,694
Median Earnings
$1,271
Median Rent
$333,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Chicago, IL

$25.87 /SF/Yr
Avg Asking Price
$11–$114 /SF/Yr
Price Range
3,905 SF
Avg Space Size

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Similar Off Market Nearby

  • FloretCo — 6735 W Belmont Ave, Chicago, IL 60634
  • FloretGram — 6735 W Belmont Ave, Chicago, IL 60634
  • Agnes Flowers — 6735 w belmont ave, chicago, il 60634
  • Royal Flowers and Gallery - Flower Shop in Chicago — 3404 N Harlem Ave, Chicago, IL 60634
  • Design de Flores — 7441 W Irving Park Rd, Chicago, IL 60634

Frequently Asked Questions

What type of property is this?
Storefront property - Open commercial layout with plumbing hookups, assigned parking, and shared yard access for retail and service operations.
Where is this storefront property located?
The property is located at 7041 W Addison Street Chicago, IL.
What are key features of this property?
This property features: Open floor plan suited to retail, office, or service businesses; Additional plumbing hookups support barber, salon, dog grooming, and medical or wellness uses; Dedicated storage included within the unit
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