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Retail Storefront with Updated Facade
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1941-1953 N Racine Ave, Chicago, IL 60614

Retail B2 space along a major corridor with newly updated facade opportunity.

Property Size3,880 SF
Days on Market499

Property Features for 1941-1953 N Racine Ave

General Information

Standard status Active
Size 3,880 SF
Property subtype RETAIL
Listing Agency: Canvas Real Estate
Listed By: Anthony Campagni · License #475211525
Source: Moodyscre
Added: Mar 21, 2025 Changed: Jul 26 Last Checked: Aug 1 at 6:54AM

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 Canvas Real Estate

Investment Insights

Based on property information with market context.

This offering presents retail storefront space identified as Retail B2, with a significant and newly updated facade opportunity available for the right user. The property includes frontage along two retail-oriented streets.

Located along the Clybourn Avenue retail corridor at the entrance to the Lincoln Yards development, the center benefits from reported traffic volumes of 11,700 VPD along Clybourn Avenue and 4,900 VPD along Cortland Street.

The mix of storefront frontage and corridor exposure makes the space a practical fit for retailers looking to align with a highly traveled streetscape.

Key Highlights

  • Retail B2 space along the Clybourn Avenue retail corridor at the entrance to Lincoln Yards
  • 11,700 VPD along Clybourn Avenue
  • 4,900 VPD along Cortland Street

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic Bed & Breakfast Locksmith Clothing & Fashion Store

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

Location Intelligence

Trade Area within ½ mile

2,569
Businesses Nearby
46k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 89% Shops & Services 9% Home Improvements & Furnishings 2%
McDonald's Dining
37,693 visits/mo 0.4 miles
SUBWAY Dining
3,693 visits/mo 0.2 miles
BMO Harris Bank Shops & Services
2,178 visits/mo 0.4 miles
U-Haul Shops & Services
2,097 visits/mo 0.5 miles
Johnstone Supply Home Improvements & Furnishings
823 visits/mo 0.1 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

Lease Benchmarks for Chicago, IL

$25.71 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
4,887 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail B2 space along a major corridor with newly updated facade opportunity.
Where is this retail space located?
The property is located at 1941-1953 N Racine Ave Chicago, IL.
What are key features of this property?
This property features: Retail B2 space along the Clybourn Avenue retail corridor at the entrance to Lincoln Yards; 11,700 VPD along Clybourn Avenue; 4,900 VPD along Cortland Street
(847) 651-8669 Call to check price and availability
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