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Retail Space in New Building
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1700 North Western Avenue, Chicago, IL 60647

2,781 SF retail space at base of new apartments.

Days on Market250

Property Features for 1700 North Western Avenue

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Chicago
Listed By: Stephen Ansani
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Jul 30 at 4:13AM

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 property offers 2,781 square feet of ground floor retail space. It is located at a signalized intersection, at the base of a newly constructed, high-end 60-unit apartment building. The space is available immediately and features ceiling heights of 17 feet 3 inches. The property includes black iron equipment. It has over 71 feet of frontage along Western Avenue and is located in close proximity to the Western Avenue Blue Line stop, which sees 1.7 million annual entries.

Key Highlights

  • Located at the base of a new, high‑end 60‑unit apartment building.
  • Boasts over 71’ of frontage along Western Avenue.
  • Conveniently located at a signalized intersection.

Property Analytics

Current Use

Bristle Dental Studio Dental Office

Suggested Use

Top Pick Nursing Home Accounting Firm (Bike/Boat/Book/etc) Store Catering Service Clothing & Fashion Store Fish Market

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

3,878
Businesses Nearby
141k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 42% Shops & Services 28% Groceries 23% Electronics 5%
McDonald's Dining
43,397 visits/mo 0.4 miles
Aldi Groceries
32,222 visits/mo 0.4 miles
Circle K Shops & Services
17,408 visits/mo 0.2 miles
Shell Shops & Services
11,035 visits/mo 0.1 miles
Chipotle Mexican Grill Dining
8,995 visits/mo 0.2 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

$25.71 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
4,887 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 - 2,781 SF retail space at base of new apartments.
Where is this retail space located?
The property is located at 1700 North Western Avenue Chicago, IL.
What are key features of this property?
This property features: Located at the base of a new, high‑end 60‑unit apartment building.; Boasts over 71’ of frontage along Western Avenue.; Conveniently located at a signalized intersection.
More about this property
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