Listing Agency: Jameson Commercial Real Estate Show Phone

Listed By: Mike Costanzo · License #IL 475.129090

Source: Crexi

Added: Apr 10 Changed: Jul 22 Last Checked: Jul 30 at 3:55PM

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Investment Insights

Based on property information with market context.

This retail space offers 1,633 SF of usable area for an end user or investor seeking a compact commercial footprint. The property is presented for sale as a retail configuration.

The asset is located at 723 W. Armitage in Chicago, Illinois 60614.

Key Highlights

• Retail space for sale totaling 1,633 SF

Property Analytics

Current Use

Ella’s BBQ Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Accounting Firm Food Market Barber Shop Butcher Tattoo & Piercing Shop

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

4,212

Businesses Nearby

55k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 61% Dining 33% Beauty & Spa 6%

BP Shops & Services

17,846 visits/mo 0.5 miles

McDonald's Dining

11,226 visits/mo 0.5 miles

Old National Bank Shops & Services

7,024 visits/mo 0.5 miles

7-Eleven Shops & Services

4,844 visits/mo 0.5 miles

Potbelly Sandwich Shop Dining

3,304 visits/mo 0.5 miles

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

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 - For sale retail space totaling 1,633 SF.

Where is this retail space located?

The property is located at 723 W Armitage Chicago, IL.

What are key features of this property?

This property features: Retail space for sale totaling 1,633 SF