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Pilsen Retail Space Available
For Lease
$25.26 SF/Yr

2514 S Blue Island Ave, Chicago, IL 60608

Prime retail space in Chicago's Pilsen neighborhood with flexible options.

Space SizeContact for details
Days on Market490

Property Features for 2514 S Blue Island Ave

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $9,916
Listing Agency: Century 21 S.G.R., Inc.
Listed By: Myra Nimchaiyong · License #471018194
Source: Exprealty
Added: Apr 19, 2025 Changed: Aug 21 Last Checked: Aug 21 at 10:44AM

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 Century 21 S.G.R., Inc.

Investment Insights

Based on property information with market context.

Located at 2514 S Blue Island Ave in Chicago's Pilsen neighborhood, this ground-floor retail space is situated on a high-visibility corner at a signalized intersection. The space offers a minimum of 900 square feet, with the option to combine adjacent units for up to 2,375 square feet, providing flexibility for various uses. Zoned C3-2, the space is suitable for retail, gallery/showroom, wellness, professional services, or food and beverage concepts. The layout is open and features 12.5-foot high ceilings and large storefront windows that provide natural light and exposure to foot and vehicle traffic. One parking space and basement storage are available. The property is located along a busy commercial corridor surrounded by restaurants, boutiques, art spaces, and new developments. Strong public transit access is available via CTA bus routes and the nearby Pink Line. The space is ADA-compliant and available now.

Key Highlights

  • High‑visibility corner location at a signalized intersection in Pilsen.
  • Flexible space options, offering from 900 SF up to 2,375 SF by combining units.
  • Zoned C3‑2, suitable for a wide range of businesses (retail, gallery, food & beverage, etc.).

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tanning Salon HVAC Service Garden Center

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
$3.79 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,274
Businesses Nearby
187k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 70% Dining 25% Electronics 6%
Dollar Tree Shops & Services
29,998 visits/mo 0.4 miles
Dunkin' Donuts Dining
15,231 visits/mo 0.2 miles
BP Shops & Services
14,380 visits/mo 0.5 miles
Speedway Shops & Services
14,019 visits/mo 0.3 miles
BP Shops & Services
13,154 visits/mo 0.5 miles

Demographics for 60608, IL

75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
Median Home Value

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 2% 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 - Prime retail space in Chicago's Pilsen neighborhood with flexible options.
Where is this retail space located?
The property is located at 2514 S Blue Island Ave Chicago, IL.
What is the lease rate?
The lease rate is $25.26 SF/Yr.
What are key features of this property?
This property features: High‑visibility corner location at a signalized intersection in Pilsen.; Flexible space options, offering from 900 SF up to 2,375 SF by combining units.; Zoned C3‑2, suitable for a wide range of businesses (retail, gallery, food & beverage, etc.).
More about this property
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