Neighborhood Retail Center
For Sale
Contact for pricing
1200 North Clybourn Avenue, Chicago, IL 60610
Partially leased retail center with available space and service-oriented tenants, positioned along major arterial corridors in Old Town.
Property Size16,433 SF
Days on Market56
Property Features for 1200 North Clybourn Avenue
General Information
Standard status
Active
Size
16,433 SF
Property subtype
Retail, Multifamily
Zoning
Planned Development
Occupancy
79%
Investment Type
Value Add
Net Operating Income
$468,882
Building Details
Year Built
2018
Buildings
1
Tenancy
Multi
Listing Agency:
CBRE - Oak Brook
Listed By:
Michael Wilson · License #475.210619
Source:
Crexi
Added: Jun 18
Changed: Aug 8
Last Checked: Aug 10 at 3:57PM
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 - Oak Brook
Investment Insights
Based on property information with market context.
1200 North Clybourn Avenue is a retail center totaling 16,433 square feet. The property is currently approximately 79% occupied, with 3,500 square feet available for lease. The center includes three existing tenants that operate as service-oriented businesses and have been in place since the property’s inception in 2018.
The location places the center adjacent to Old Town Square, a grocery-anchored shopping center that draws neighborhood traffic. The asset is also positioned along major arterial roads, with Division Street and Clybourn Avenue combining for over 30,000 vehicles per day, supporting consistent visibility from these primary corridors.
For prospective tenants, the available space offers an opportunity to join a retail environment already established with long-standing operations. For buyers and investors, the current lease-up potential provides a straightforward path to improving occupancy by capturing demand within Old Town’s established, affluent trade area, which is supported by a large resident base within one mile.
The location places the center adjacent to Old Town Square, a grocery-anchored shopping center that draws neighborhood traffic. The asset is also positioned along major arterial roads, with Division Street and Clybourn Avenue combining for over 30,000 vehicles per day, supporting consistent visibility from these primary corridors.
For prospective tenants, the available space offers an opportunity to join a retail environment already established with long-standing operations. For buyers and investors, the current lease-up potential provides a straightforward path to improving occupancy by capturing demand within Old Town’s established, affluent trade area, which is supported by a large resident base within one mile.
Key Highlights
- 16,433 SF retail center built in 2018
- Currently ~79% occupied with 3,500 SF available for lease
- Three existing tenants are service‑oriented businesses operating since inception in 2018
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,940
Businesses Nearby
192k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 46%
Groceries 20%
Shops & Services 19%
Dining 13%
Target
Superstores
88,186 visits/mo
0.3 miles
Jewel-Osco
Groceries
38,261 visits/mo
0.0 miles
Mobil
Shops & Services
15,111 visits/mo
0.5 miles
McDonald's
Dining
11,226 visits/mo
0.5 miles
Exxon
Shops & Services
10,032 visits/mo
0.4 miles
Demographics for 60610, IL
43,794
Population
30,091
Households
1.5
Avg Household Size
34
Median Age
79%
College-Educated
97%
High-School Grad
1.1 sq mi
ZIP Area
39,813
Density / Sq Mi
$105,649
Median Household Income
$82,934
Median Earnings
$2,029
Median Rent
$543,000
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Shopping center - Partially leased retail center with available space and service-oriented tenants, positioned along major arterial corridors in Old Town.
Where is this shopping center located?
The property is located at 1200 North Clybourn Avenue Chicago, IL.
What are key features of this property?
This property features: 16,433 SF retail center built in 2018; Currently ~79% occupied with 3,500 SF available for lease; Three existing tenants are service‑oriented businesses operating since inception in 2018
