Renovated Retail Space
For Lease
$13 SF/Yr
1240 N Homan Ave, Chicago, IL 60651
Recently renovated retail space with convenient transportation and parking.
Space Size1,700 SF - 1,750 SF
Property Size149,999 SF
Days on Market318
Property Features for 1240 N Homan Ave
General Information
Standard status
Active
Size
1,700 SF - 1,750 SF
Property subtype
Industrial
Lease Term
NN
Building Details
Building Size
149,999 SF
Year Built
1921
Spaces For Lease
at 1240 N Homan Ave Contact us2A $13/SF/Yr
Size
1,750 SF
Term
Negotiable
3A $20/SF/Yr
Size
1,700 SF
Term
Negotiable
Listing Agency:
Cawley Chicago
Listed By:
Frank H. Melchert V
(312) 208-1561
Source:
Cawleycre
Added: Nov 24, 2025
Changed: Oct 7
Last Checked: Oct 7 at 9:47AM
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 Cawley Chicago
Investment Insights
Based on property information with market context.
This retail space features a recently renovated building lobby and common area. The property offers polished steel plate and hardwood floor options. It includes two freight elevators with a loading dock. A parking deck with a heated driveway is available. The location is steps from the Homan / Potomac bus stop. Each suite has tenant-controlled climate.
Key Highlights
- Recently renovated building lobby and common area.
- Parking deck with heated driveway.
- Two freight elevators with loading dock.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,154
Businesses Nearby
36k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
BP
Shops & Services
24,035 visits/mo
0.4 miles
AutoZone
Shops & Services
8,177 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
3,602 visits/mo
0.3 miles
Demographics for 60651, IL
62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Chicago, IL
$25.49 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,917 SF
Avg Space Size
This space is priced 49% below the average of $25.49 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Recently renovated retail space with convenient transportation and parking.
Where is this retail space located?
The property is located at 1240 N Homan Ave Chicago, IL.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Recently renovated building lobby and common area.; Parking deck with heated driveway.; Two freight elevators with loading dock.
