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Retail Storefront in Wicker Park
For Lease
$24 SF/Yr

2401 W North Avenue, Chicago, IL 60647

3,130 SF retail space in a vibrant neighborhood.

Space SizeContact for details
Days on Market492

Property Features for 2401 W North Avenue

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $49,410

Building Details

Year Built 1929
Listing Agency: MILLENNIUM PROPERTIES RE, INC.
Listed By: SUSAN SILVER · License #475136992
Source: Corcoran
Added: Apr 18, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:08AM

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 MILLENNIUM PROPERTIES RE, INC.

Investment Insights

Based on property information with market context.

A 3,130 square foot retail storefront is available for lease. It can be combined with an adjacent 1,370 square foot unit to create a total of 4,500 square feet. The building is positioned on the southwest corner of North and Western Avenues, benefiting from CTA stops on both corners. The space features excellent window lines and is located beneath high-end residential apartments. The property is near the CTA Blue Line's Western and Damen Stations, as well as the 606 Trail. Situated in the Wicker Park/Humboldt Park neighborhood, the area is characterized as a dense, affluent community attracting young professionals and families. The neighborhood's rapidly changing demographics appeal to a variety of businesses and residents.

Key Highlights

  • Located at the high‑traffic intersection of North and Western Avenues with CTA stops on both corners.
  • Potential to lease 3,130 SF or combine with an adjacent unit for a total of 4,500 SF.
  • Located in the dense, affluent Wicker Park/Humboldt Park neighborhood.

Property Analytics

Current Use

LeadLab Media Marketing & Advertising Illinois Mortgage Funding Loan Service

Suggested Use

Top Pick HVAC Service Nursing Home Accounting Firm Home Appliance Store Pet Grooming Service (Bike/Boat/Book/etc) Store

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,710
Businesses Nearby
98k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 41% Groceries 33% Dining 16% Electronics 7%
Aldi Groceries
32,222 visits/mo 0.4 miles
Circle K Shops & Services
17,408 visits/mo 0.1 miles
Shell Shops & Services
11,035 visits/mo 0.1 miles
Chipotle Mexican Grill Dining
8,995 visits/mo 0.1 miles
AutoZone Shops & Services
6,516 visits/mo 0.1 miles

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.9 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,190 SF
Avg Space Size

This space is priced 7% below the average of $25.9 /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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 3,130 SF retail space in a vibrant neighborhood.
Where is this retail space located?
The property is located at 2401 W North Avenue Chicago, IL.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Located at the high‑traffic intersection of North and Western Avenues with CTA stops on both corners.; Potential to lease 3,130 SF or combine with an adjacent unit for a total of 4,500 SF.; Located in the dense, affluent Wicker Park/Humboldt Park neighborhood.
More about this property
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