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Retail Suite with West-Facing Windows
New
For Lease
$19.05 SF/Yr

103-2472 W Foster Ave, Chicago, IL 60640

B1-3 zoning accommodates a range of commercial uses, with service from a CTA bus line.

Space SizeContact for details
Days on Market7

Property Features for 103-2472 W Foster Ave

General Information

Standard status Active
Zoning B1-3

Site & Location

Neighborhood Uptown
Frontage 50 ft

Taxes and HOA fees

Annual Taxes $9,551

Amenities

garage parking
CTA bus line
Listing Agency: Compass
Listed By: Kieran Conlon
Source: Exprealty
Added: Oct 24 Changed: Oct 28 Last Checked: Oct 28 at 2:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

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Investment Insights

Based on property information with market context.

This retail suite has an open interior, west-facing windows spanning 50 feet, and ceilings nearly 9 feet high. Six garage parking spaces are shared with two other commercial spaces.

The property is just north of the Foster and Lincoln Avenue intersection in Chicago’s Budlong Woods area. Lincoln Avenue carries 14,800 vehicles per day and Foster Avenue carries 15,700. The suite is also on a CTA bus line, with established shops and restaurants in the surrounding area.

Key Highlights

  • 50 feet of west‑facing windows
  • Ceilings nearly 9 feet high
  • Six garage parking spaces shared with two other commercial spaces

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Dental Office

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

NNN (Triple Net)
Lease Type
$2.86 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,648
Businesses Nearby
107k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 36% Dining 31% Shops & Services 26% Home Improvements & Furnishings 7%
Mariano's Groceries
38,415 visits/mo 0.1 miles
McDonald's Dining
27,614 visits/mo 0.2 miles
BP Shops & Services
17,307 visits/mo 0.4 miles
PetSmart Shops & Services
8,845 visits/mo 0.4 miles
World Market Home Improvements & Furnishings
7,791 visits/mo 0.4 miles

Demographics for 60640, IL

65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.14 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,623 SF
Avg Space Size

This space is priced 24% below the average of $25.14 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Retail space - B1-3 zoning accommodates a range of commercial uses, with service from a CTA bus line.
Where is this retail space located?
The property is located at 103-2472 W Foster Ave Chicago, IL.
What is the lease rate?
The lease rate is $19.05 SF/Yr.
What are key features of this property?
This property features: 50 feet of west‑facing windows; Ceilings nearly 9 feet high; Six garage parking spaces shared with two other commercial spaces
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