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Retail Space in Hyde Park
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1447 East 53rd Street, Chicago, IL 60615

4,052 SF retail space with frontage on 53rd Street.

Space SizeContact for details
Days on Market264

Property Features for 1447 East 53rd Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Chicago
Listed By: Meredith Oliver
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Aug 12 at 3:43PM

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.

A 4,052 square-foot retail space is available for rent in Chicago's Hyde Park neighborhood. The property features frontage along 53rd Street and is black iron capable. There is also potential rooftop opportunity. Hyde Park is noted as one of Chicago’s most diverse and historic neighborhoods.

Key Highlights

  • 4,052 SF available – Don't miss this opportunity!
  • Excellent frontage along 53rd Street ensures high visibility.
  • Black iron capable, ideal for restaurant or food service.

Property Analytics

Current Use

Nando's Peri-Peri Restaurant

Suggested Use

Top Pick Auto Repair Shop Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Food Market Grocery & Convenience Store Storage Facility

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

Location Intelligence

Trade Area within ½ mile

2,947
Businesses Nearby
213k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 42% Shops & Services 25% Groceries 22% Home Improvements & Furnishings 6%
Trader Joe's Groceries
46,061 visits/mo 0.2 miles
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 0.2 miles
Elston Ace Hardware Home Improvements & Furnishings
11,960 visits/mo 0.2 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

$25.68 /SF/Yr
Avg Asking Price
$8–$80 /SF/Yr
Price Range
8,912 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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Frequently Asked Questions

What type of property is this?
Retail space - 4,052 SF retail space with frontage on 53rd Street.
Where is this retail space located?
The property is located at 1447 East 53rd Street Chicago, IL.
What are key features of this property?
This property features: 4,052 SF available – Don't miss this opportunity!; Excellent frontage along 53rd Street ensures high visibility.; Black iron capable, ideal for restaurant or food service.
More about this property
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