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Retail Space with Surface Parking
For Lease
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1147 W Berwyn Ave, Chicago, IL 60640

Retail space with large surface parking and close access to a renovated CTA Red Line station.

Space Size1,018 SF
Days on Market27

Property Features for 1147 W Berwyn Ave

General Information

Standard status Active
Size 1,018 SF
Total Parking Spaces 100
Property subtype RETAIL

Additional Details

Highway Access Yes

Spaces For Lease

at 1147 W Berwyn Ave Contact us

1147 W Berwyn Ave

Floor
1
Size
1,018 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 100 Surface Parking Spaces - Broadway Street – 16,000 VPD - Less Than 1 Block...
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Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Paul Bryant · License #471008163
Source: Moodyscre
Added: Jul 15 Changed: Aug 8 Last Checked: Aug 9 at 1:39PM

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 Mid-America Real Estate Group | Chicago

Investment Insights

Based on property information with market context.

Retail space offering 1,018 square feet along with 100 surface parking spaces for customer convenience.

The property is positioned on Broadway Street with reported 16,000 VPD, and it is less than 1 block from the newly renovated Berwyn CTA Red Line station, cited at 1.013M annual riders (CTA). The site is also described as about 1/2 mile off Jean Baptiste Pointe DuSable Lake Shore Drive, with reported 62,600 VPD.

This combination of surface parking and transit proximity supports retail uses that benefit from both drive-up accessibility and walkable access to public transportation.

Key Highlights

  • 100 surface parking spaces
  • Broadway Street frontage with 16,000 VPD
  • Less than 1 block from the newly renovated Berwyn CTA Red Line station

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nursing Home Auto Parts Store Home Appliance Store (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Catering Service

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

3,025
Businesses Nearby
149k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Groceries 32% Shops & Services 28% Electronics 1%
Jewel-Osco Groceries
47,202 visits/mo 0.4 miles
McDonald's Dining
21,895 visits/mo 0.5 miles
Starbucks Dining
11,272 visits/mo 0.2 miles
Fifth Third Bank & ATM Shops & Services
8,803 visits/mo 0.3 miles
U.S. Bank Shops & Services
7,811 visits/mo 0.2 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

$25.43 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
7,935 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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with large surface parking and close access to a renovated CTA Red Line station.
Where is this retail space located?
The property is located at 1147 W Berwyn Ave Chicago, IL.
What are key features of this property?
This property features: 100 surface parking spaces; Broadway Street frontage with 16,000 VPD; Less than 1 block from the newly renovated Berwyn CTA Red Line station
(630) 954-7354 Call to check price and availability
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