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High-Traffic Retail Space Available
For Lease
$23 SF/Yr

1300 W North Avenue, Chicago, IL 60642

3,230 SF retail space on high-traffic North Avenue.

Space SizeContact for details
Days on Market331

Property Features for 1300 W North Avenue

General Information

Standard status Active
Property subtype Commercial

Amenities

Central air
Central Individual Cooling

Building Details

Year Built 1957
Listing Agency: STRAUSS REALTY LTD
Listed By: MOSHE WEINBERGER · License #475183341
Source: Corcoran
Added: Sep 22, 2025 Changed: Aug 18 Last Checked: Aug 18 at 5:31AM

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 STRAUSS REALTY LTD

Investment Insights

Based on property information with market context.

This 3,230 square foot retail space is available for lease. The property is located next to Home Depot on North Avenue, which experiences traffic of over 33,200 vehicles per day. The corner location offers high visibility and signage opportunities. Formerly a "Grand Appliance TV" store, the property is easy to locate and access, situated just east of I-90/94. The location serves as a gateway to the proposed Foundry Park 28-acre community development. The surrounding area has a population of 290,190 within a 2-mile radius, encompassing 149,877 households with an average household income of $148,842.

Key Highlights

  • High traffic location on North Avenue (33,200+ vehicles per day).
  • Excellent signage opportunity on highly visible corner.
  • Located next to Home Depot.

Property Analytics

Current Use

SP+ Parking Parking Lot & Garage

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Auto Repair Shop Garden Center Pharmacy

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
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,293
Businesses Nearby
477k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 27% Groceries 22% Shops & Services 17% Apparel 17%
Whole Foods Market Groceries
56,495 visits/mo 0.3 miles
The Home Depot Home Improvements & Furnishings
47,033 visits/mo 0.1 miles
Nordstrom Rack Apparel
29,650 visits/mo 0.4 miles
World Market Home Improvements & Furnishings
25,113 visits/mo 0.4 miles
Binny's Beverage Depot Groceries
23,400 visits/mo 0.3 miles

Demographics for 60642, IL

21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
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 11% 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 3,230 SF retail space on high-traffic North Avenue.
Where is this retail space located?
The property is located at 1300 W North Avenue Chicago, IL.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: High traffic location on North Avenue (33,200+ vehicles per day).; Excellent signage opportunity on highly visible corner.; Located next to Home Depot.
More about this property
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