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Strip Center Retail Space
For Lease
$1,800/Mo

7232 N HARLEM Avenue, Chicago, IL 60631

Commercial Lease, Chicago, IL

Space Size1,160 SF
Days on Market424

Property Features for 7232 N HARLEM Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning RTAIL
Directions TOUHY TO HARLEM THEN NORTH 1/4 BLOCK
Subdivision CHI - Edison Park
Standard status Active

Taxes and HOA fees

Tax Year 2022
Tax Annual Amount 6000

Utilities

Utilities Water Available
Cooling system Central Air

Building Details

Year built 1962
Floors in Building 1
Number of units 8
Building materials Brick
Listing Agency: New Concept Realty
Listed By: Pietro Losacco · License #471014490
Added: Jul 28, 2025 Changed: Aug 20 Last Checked: Sep 24 at 7:06AM
MLS# 12431595

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 brick strip center includes one available retail space measuring 1,160 square feet. The space is served by central air, and pylon sign space is available for tenant identification. Water is available at the property.

Built in 1962, the center is located at 7232 N Harlem Avenue in Chicago’s Edison Park area. The property sits along a commercial corridor characterized in the listing by substantial drive-by traffic, providing a roadside setting for retail or other business occupancy.

Key Highlights

  • 1,160 square feet of available retail space
  • One space currently available
  • Pylon sign space available

Property Analytics

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Current Use

Strip malls

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Garden Center Daycare Center Grocery & Convenience Store Cafe & Coffee Shop

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.79 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

941
Businesses Nearby
85k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 52% Dining 47% Home Improvements & Furnishings 1%
BP Shops & Services
22,763 visits/mo 0.5 miles
Dollar Tree Shops & Services
17,491 visits/mo 0.1 miles
Starbucks Dining
14,933 visits/mo 0.4 miles
Taco Bell Dining
12,946 visits/mo 0.3 miles
White Castle Dining
11,865 visits/mo 0.4 miles

Demographics for 60631, IL

29,691
Population
12,757
Households
2.3
Avg Household Size
43
Median Age
50%
College-Educated
96%
High-School Grad
3.7 sq mi
ZIP Area
8,025
Density / Sq Mi
$117,688
Median Household Income
$70,295
Median Earnings
$1,604
Median Rent
$431,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Available retail space offers pylon sign availability, central air, and water service in Chicago’s Edison Park area.
Where is this strip mall located?
The property is located at 7232 N HARLEM Avenue Chicago, IL.
What is the lease rate?
The lease rate is $1,800/Mo.
What are key features of this property?
This property features: 1,160 square feet of available retail space; One space currently available; Pylon sign space available
More about this property
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