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Prime Retail Space in Chicago
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821 S Western Ave, Chicago, IL 60612

1,400 sq ft retail space in Medical District.

Property Size1,400 SF
Price / SF$106.43
Days on Market704

Property Features for 821 S Western Ave

General Information

Standard status Active
Size 1,400 SF
Class B
Property subtype Retail
Zoning C2-3
Lease Type NNN

Building Details

Year Built 2000
Buildings 1
Stories 1
Units 1
Listing Agency: Kawash Real Estate Group
Listed By: Nedal Kawash · License #IL 471022064
Source: Crexi
Added: Sep 9, 2024 Changed: Aug 10 Last Checked: Aug 13 at 5:32AM

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 Kawash Real Estate Group

Investment Insights

Based on property information with market context.

Located at 821 S Western Ave, Suite C1, Chicago, IL 60612, this 1,400 sq. ft. retail space is available for sale or lease. The property is situated in the heart of the Medical District, an up-and-coming neighborhood surrounded by major hospitals, schools, and a bustling community. This location is positioned on a busy street with high visibility and foot traffic. The space is suitable for a variety of businesses, such as a convenience store, coffee shop, or dry cleaner, offering an excellent opportunity to thrive in a vibrant and growing area.

Key Highlights

  • Prime 1,400 sq. ft. retail space in the heart of the Medical District.
  • High visibility and foot traffic on a busy street.
  • Located in an up‑and‑coming neighborhood.

Property Analytics

Current Use

Christi's Hair Braiding ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Accounting Firm Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,011
Businesses Nearby
194k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 80% Shops & Services 18% Hotels & Casinos 2%
McDonald's Dining
31,471 visits/mo 0.4 miles
Chick-fil-A Dining
22,259 visits/mo 0.4 miles
Five Guys Dining
20,797 visits/mo 0.4 miles
KFC Dining
16,703 visits/mo 0.3 miles
Mobil Shops & Services
15,910 visits/mo 0.5 miles

Demographics for 60612, IL

34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Retail space - 1,400 sq ft retail space in Medical District.
Where is this retail space located?
The property is located at 821 S Western Ave Chicago, IL.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Prime 1,400 sq. ft. retail space in the heart of the Medical District.; High visibility and foot traffic on a busy street.; Located in an up‑and‑coming neighborhood.
(630) 337-9126 Call to check price and availability
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