Mixed-Use Building in Hyde
For Lease
Contact for pricing
5356 South Lake Park Avenue, Chicago, IL 60615
Mixed-use building with hotel and life science laboratory space.
Space SizeContact for details
Days on Market264
Property Features for 5356 South Lake Park Avenue
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE | Chicago
(312) 935-1904
Listed By:
Meredith Oliver
(312) 935-1904
Source:
Cbre
Added: Nov 22, 2025
Changed: Jul 10
Last Checked: Aug 12 at 3:47AM
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 CBRE | Chicago
Investment Insights
Based on property information with market context.
This mixed-use building, encompassing 225,000 square feet, is situated at the main intersection of Hyde Park. It features 455 on-site parking spaces and includes a 133-room Hyatt Hotel. The property also offers 300,000 square feet of life sciences laboratory space. Hyde Park is recognized as one of Chicago’s diverse and historic neighborhoods and has been home to The University of Chicago since 1892. The university spans approximately 200 acres, accommodates an enrollment of 16,445 students, and employs around 22,000 individuals, many of whom reside in the immediate vicinity.
Key Highlights
- Prime location at Hyde Park’s Main on Main intersection.
- Substantial on‑site parking with 455 spaces.
- Mixed‑use building with 225,000 SF of space.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,422
Businesses Nearby
148k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Shops & Services 24%
Home Improvements & Furnishings 8%
Hotels & Casinos 7%
McDonald's
Dining
31,625 visits/mo
0.2 miles
BP
Shops & Services
21,850 visits/mo
0.2 miles
Potbelly Sandwich Shop
Dining
13,436 visits/mo
0.5 miles
Elston Ace Hardware
Home Improvements & Furnishings
11,960 visits/mo
0.4 miles
Hyatt Place Chicago
Hotels & Casinos
10,017 visits/mo
0.3 miles
Demographics for 60615, IL
43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$22.43 /SF/Yr
Avg Asking Price
$12–$30 /SF/Yr
Price Range
25,191 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Shopping center - Mixed-use building with hotel and life science laboratory space.
Where is this shopping center located?
The property is located at 5356 South Lake Park Avenue Chicago, IL.
What are key features of this property?
This property features: Prime location at Hyde Park’s Main on Main intersection.; Substantial on‑site parking with **455 spaces**.; Mixed‑use building with **225,000 SF of space**.
