Added: Jan 27Changed: Aug 8Last Checked: Aug 17 at 6:05AM
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Investment Insights
Based on property information with market context.
Up to 5,000 square feet of ground floor retail space is available for lease on North Elston Avenue, situated in one of Chicago's rapidly developing sub-markets. The four-story mixed-use property, fully renovated in 2003, is positioned on Elston Avenue, just north of the signalized intersection at Webster Avenue, within Chicago's Lincoln Park/Bucktown neighborhood. The storefront benefits from visibility and exposure to approximately 21,250 vehicles per day at the signalized intersection. The space features an open floor plan, expansive window lines, a shared kitchenette, two bathrooms, and five dedicated on-site parking spaces. This space is suitable for various retail, showroom, and medical office tenants. Located near the Kennedy Expressway, the storefront offers convenient access to downtown Chicago and neighboring areas. Retailers in the vicinity include Mariano’s, Midtown Athletic Club, Kohls, Fresh Thyme, Whirly Ball Chicago, Best Buy, TJ Maxx, Bob’s Discount Furniture, and BMO Harris Bank. The building is located at the northeast corner of North Elston Avenue and West Webster Avenue in Chicago’s Bucktown neighborhood, approximately 6 miles northwest of Chicago’s Central Business District. Bucktown, along with Wicker Park, is home to approximately 70,000 residents. The property is located two blocks from the Clybourn Metra train station, providing access to Chicago’s downtown Ogilvie Station and the north and northwest suburbs. Bus stations are located at Webster and Ashland, and Webster and Damen, both within walking distance. The Kennedy Expressway is approximately two blocks west, providing access to Downtown Chicago and the surrounding metropolitan north and west suburbs. The site is located within the Bucktown Neighborhood on Chicago’s northwest side. Tenant uses within the immediate area consists of mostly retail/office as well as flex and industrial. Signage opportunities are available at the signalized intersection of Elston and Webster. The site is also walking distance from Sterling Bay’s future Lincoln Yards mixed-use development project, which will consist of apartments, condos, office, retail, and entertainment.
Key Highlights
High‑visibility location on Elston Avenue with 21,250 VPD at a signalized intersection.
Located in a rapidly growing Chicago sub‑market, near Lincoln Park/Bucktown.
Convenient access to transportation including Clybourn Metra station, bus lines, and the Kennedy Expressway.
Top PickBuilding SupplyBig Box & Wholesale StoreAuto Parts StoreAuto Repair ShopHVAC ServiceGarden 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
Location Intelligence
Trade Area within ½ mile
3,377
Businesses Nearby
Explore this area
Business Placement
Demographics for 60614, IL
73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
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
Vacancy Rate%for Office in Chicago, IL
17.9%2019
19.2%2020
20.7%2021
23.1%2022
23.3%2023
25.1%2024
25.6%2025
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Retail space - Ground floor retail space in a growing Chicago sub-market.
Where is this retail space located?
The property is located at 2211 North Elston Avenue Chicago, IL.
What are key features of this property?
This property features: High‑visibility location on Elston Avenue with 21,250 VPD at a signalized intersection.; Located in a rapidly growing Chicago sub‑market, near Lincoln Park/Bucktown.; Convenient access to transportation including Clybourn Metra station, bus lines, and the Kennedy Expressway.