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Bridgeport Commercial Building with Parking
For Lease
$15 SF/Yr

3540-42 S Halsted St, Chicago, IL 60609

5,200 SF building with 2,600 SF rear lot.

Space Size5,200 SF
Lot Size0.06 Acres
Days on Market176

Property Features for 3540-42 S Halsted St

General Information

Standard status Active
Size 5,200 SF
Lot size 0.06 Acres
Property subtype Retail
Lease Term MG

Building Details

Building Size 5,200 SF

Spaces For Lease

at 3540-42 S Halsted St Contact us

3540-42 S. Halsted $15/SF/Yr

Size
5,200 SF
Type
Free Standing Building
Term
Negotiable
Contact us
Listing Agency: Sperry Van Ness
Listed By: Adam Napp, CCIM · License #475134494
Source: Svnchicago
Added: Feb 25 Changed: Aug 8 Last Checked: Aug 20 at 4:23AM

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 Sperry Van Ness

Investment Insights

Based on property information with market context.

Located in the Bridgeport neighborhood on Halsted near 35th Street, this single-story masonry building offers approximately 5,200 square feet of space with an additional 2,600 square foot rear lot suitable for parking or expansion. The building is column-free and features 18-foot ceilings, as well as 14-foot roll-up doors in both the front and rear. It also includes floor drains. The property will be delivered with a new concrete slab, bathroom(s), and shop lighting. Zoned B1-1, the property is suitable for many commercial uses. It is located less than a mile from Guaranteed Rate Field and steps from Donovan Park and the recently remodeled Ramova Theater, which has a capacity of 1,800 people. Its proximity to Interstate 90/94 provides easy access to downtown and the surrounding region.

Key Highlights

  • Easy access to downtown and surrounding region via Interstate 90/94.
  • 5,200 SF column‑free building with 2,600 SF rear lot** for parking or expansion.
  • High ceilings (18') and front and rear roll‑up doors (14').**

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Skin Care Clinic Nursing Home Carpet & Flooring Store Pet Grooming Service Locksmith

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,631
Businesses Nearby
55k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 72% Dining 28%
BP Shops & Services
16,049 visits/mo 0.5 miles
Wings & Rings Dining
12,656 visits/mo 0.1 miles
Chase Bank Shops & Services
9,238 visits/mo 0.0 miles
Citibank Shops & Services
5,123 visits/mo 0.1 miles
Family Dollar Shops & Services
4,337 visits/mo 0.1 miles

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
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 42% 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
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Frequently Asked Questions

What type of property is this?
Retail space - 5,200 SF building with 2,600 SF rear lot.
Where is this retail space located?
The property is located at 3540-42 S Halsted St Chicago, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Easy access to downtown and surrounding region via Interstate 90/94.; 5,200 SF column‑free building with 2,600 SF rear lot** for parking or expansion.; High ceilings (18') and front and rear roll‑up doors (14').**
More about this property
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