Retail Space in Business
For Lease
$33 SF/Yr
5215 W Chicago Avenue, Chicago, IL 60651
Retail space in a high-traffic, densely populated area.
Space SizeContact for details
Days on Market840
Property Features for 5215 W Chicago Avenue
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$56,722
Amenities
Central air
Central Air Cooling
Building Details
Year Built
2008
Listing Agency:
NETWORK PROPERTY MANAGMENT LLC
(708) 873-5540
Listed By:
ADAM HALEEM · License #475191917
Source:
Corcoran
Added: Apr 23, 2024
Changed: Aug 8
Last Checked: Aug 8 at 1:32PM
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 NETWORK PROPERTY MANAGMENT LLC
Investment Insights
Based on property information with market context.
This retail center, constructed in 2008, is situated in a central business district, adjacent to a Dunkin Donuts. The surrounding area features a mix of national and regional retailers. The location benefits from dense population and significant foot and vehicle traffic. Current tenants within the center include Subway, Captain Hooks, and a liquor and grocery store, indicating a diverse retail environment.
Key Highlights
- High foot and vehicle traffic due to a densely populated area.
- Located in a central business district.
- Adjacent to Dunkin Donuts.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.95 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,155
Businesses Nearby
56k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 40%
McDonald's
Dining
21,496 visits/mo
0.1 miles
Dunkin' Donuts
Dining
9,613 visits/mo
0.1 miles
Citgo
Shops & Services
9,527 visits/mo
0.1 miles
Family Dollar
Shops & Services
5,734 visits/mo
0.2 miles
Dollar General
Shops & Services
5,708 visits/mo
0.4 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
Market
Lease Benchmarks for Chicago, IL
$25.43 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
7,935 SF
Avg Space Size
This space is priced 30% above the average of $25.43 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space in a high-traffic, densely populated area.
Where is this retail space located?
The property is located at 5215 W Chicago Avenue Chicago, IL.
What is the lease rate?
The lease rate is $33 SF/Yr.
What are key features of this property?
This property features: High foot and vehicle traffic due to a densely populated area.; Located in a central business district.; Adjacent to Dunkin Donuts.
