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Renovated Retail Space Available
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1240 N Homan Ave, Chicago, IL

Recently renovated retail space with convenient transportation and parking.

Space Size1,700 SF - 1,750 SF
Lot Size2.08 Acres
Days on Market706

Property Features for 1240 N Homan Ave

General Information

Standard status Active
Size 1,700 SF - 1,750 SF
Lot size 2.08 Acres
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 1240 N Homan Ave Contact us

1240 N Homan Ave $13/SF/Yr

Floor
2
Size
1,750 SF
Type
OFFICE
Lease Type
GROSS
Availability
AVAILABLE, Now
Sublease
No
- Recently Renovated Building Lobby and Common Area - Polished Steel Plate & Hardwood...
show more
Contact us

1240 N Homan Ave $20/SF/Yr

Floor
3
Size
1,700 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Recently Renovated Building Lobby and Common Area - Polished Steel Plate & Hardwood...
show more
Contact us
Listing Agency: Cawley Chicago
Listed By: Kalie Korpitz
Source: Moodyscre
Added: Sep 16, 2024 Changed: Aug 8 Last Checked: Aug 22 at 10:53AM

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

Current Use

PRINTLAB (Bike/Boat/Book/etc) Store Specimen (Bike/Boat/Book/etc) Store Sullwood, Inc. Big Box & Wholesale Store Skyline Design Production Facility Peter Bucks Fine ... Artist

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,154
Businesses Nearby
36k
Monthly Visits Nearby

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

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 23% 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 - 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 $20 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.
(815) 508-8079 Call to check price and availability
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