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Uptown Retail Space Opportunity
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5050 N Broadway, Chicago, IL 60640

Retail spaces available at The Draper in Chicago's Uptown.

Property Size7,705 SF
Days on Market145

Property Features for 5050 N Broadway

General Information

Standard status Active
Size 7,705 SF
Property subtype Retail
Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Paul Bryant
Source: Midamericagrp
Added: Mar 7 Changed: Jul 10 Last Checked: Jul 30 at 3:10AM

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 Mid-America Real Estate Group | Chicago

Investment Insights

Based on property information with market context.

Located at the base of The Draper, a 342-unit residential building, in Chicago’s growing Uptown neighborhood, this commercial real estate offers several retail spaces. Retail C provides approximately 4,292 square feet, Retail D offers approximately 1,518 square feet, and Retail E has approximately 3,413 square feet. Retail C and E can be combined for a total of approximately 7,705 square feet. Retail F provides approximately 325 square feet. The spaces are warm dark shell retail opportunities with medical co-tenancy. The property is adjacent to the Argyle CTA stop, which sees 834,807 riders annually, and a public parking garage. The landlord is well-capitalized and willing to assist with the cost of buildout.

Key Highlights

  • Located at the base of The Draper, a 342‑unit residential building, providing a built‑in customer base.
  • Adjacent to the Argyle CTA stop (834,807 Riders Annually), offering high visibility and accessibility.
  • Medical co‑tenancy, attracting related businesses and customers.

Property Analytics

Current Use

Exquisite Plumbing Company HVAC Service Red Eye V ... Photography Service Courtesy Roofing And Landscaping Roofing Company Immaculate Cleaners Chicago Hardware & Home Improvement Imperial Realty Co Real Estate Agency

Suggested Use

Top Pick Auto Parts Store Nursing Home Home Appliance Store (Bike/Boat/Book/etc) Store Building Supply Tanning Salon

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

4,413
Businesses Nearby
141k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 42% Groceries 27% Dining 26% Home Improvements & Furnishings 6%
Mariano's Groceries
38,415 visits/mo 0.3 miles
McDonald's Dining
27,614 visits/mo 0.2 miles
BP Shops & Services
17,307 visits/mo 0.1 miles
Citibank Shops & Services
12,016 visits/mo 0.3 miles
Shell Shops & Services
8,883 visits/mo 0.2 miles

Demographics for 60640, IL

65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
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 - Retail spaces available at The Draper in Chicago's Uptown.
Where is this retail space located?
The property is located at 5050 N Broadway Chicago, IL.
What are key features of this property?
This property features: Located at the base of The Draper, a 342‑unit residential building, providing a built‑in customer base.; Adjacent to the Argyle CTA stop (834,807 Riders Annually), offering high visibility and accessibility.; Medical co‑tenancy, attracting related businesses and customers.
More about this property
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