Renovated Ground-Floor Retail
For Lease
Contact for pricing
1823 W Chicago Ave, Chicago, IL 60622
Ground-floor retail unit with an open layout, large storefront windows, high ceilings, and ADA restroom improvements.
Space Size1,350 SF
Days on Market509
Property Features for 1823 W Chicago Ave
General Information
Standard status
Active
Size
1,350 SF
Property subtype
RETAIL
Zoning
B3-2
Spaces For Lease
at 1823 W Chicago Ave
1823 W Chicago Ave
$3,785/Mo
Floor
GF
Size
1,350 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
No
- Recently renovated commercial retail space available in the heart of West Town. This 1,350 SF ground-floor unit features an open layout, high ceilings, and large storefront windows that provide excellent natural light and visibility. Zoned B3-2, the space updates include new flooring, lighting, HVAC, ADA restroom and a modernized facade to enhance your brand's presence. Located along the vibrant retail strip on Chicago Avenue, the property benefits from steady foot and vehicle traffic, strong neighborhood demographics, and close proximity to public transit. Surrounded by a mix of restaurants, boutiques, and service businesses, this is a prime opportunity to establish your business in one of Chicago's most active commercial corridors.
Contact us
Listing Agency:
Century 21 - SGR | Chicago (North)
(312) 326-2121
Listed By:
Myra Nimchaiyong · License #471018194
(773) 575-2779
Source:
Moodyscre
Added: May 15, 2025
Changed: Sep 9
Last Checked: Oct 5 at 7:14PM
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 Century 21 - SGR | Chicago (North)
Investment Insights
Based on property information with market context.
Recently renovated ground-floor retail space offers an open layout with high ceilings and large storefront windows designed for strong visibility. Updates include new flooring, lighting, HVAC, an ADA restroom, and a modernized facade.
The property is located at 1823 W Chicago Ave in West Town along the retail strip on Chicago Avenue. The building is zoned B3-2 and sits near public transit, with the surrounding area featuring restaurants, boutiques, and service businesses.
The property is located at 1823 W Chicago Ave in West Town along the retail strip on Chicago Avenue. The building is zoned B3-2 and sits near public transit, with the surrounding area featuring restaurants, boutiques, and service businesses.
Key Highlights
- 1,350 SF ground‑floor retail unit with an open layout, high ceilings, and large storefront windows
- Recent updates include new flooring, new lighting, and HVAC
- ADA restroom and modernized facade improvements
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.05 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,021
Businesses Nearby
121k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 36%
Dining 35%
Shops & Services 28%
Electronics 1%
Mariano's
Groceries
43,456 visits/mo
0.3 miles
McDonald's
Dining
38,181 visits/mo
0.3 miles
Shell
Shops & Services
7,577 visits/mo
0.4 miles
Family Dollar
Shops & Services
7,249 visits/mo
0.3 miles
Marathon Petroleum
Shops & Services
5,596 visits/mo
0.3 miles
Demographics for 60622, IL
55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Chicago, IL
$25.87 /SF/Yr
Avg Asking Price
$11–$114 /SF/Yr
Price Range
3,905 SF
Avg Space Size
This space is priced 30% above the average of $25.87 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Storefront property - Ground-floor retail unit with an open layout, large storefront windows, high ceilings, and ADA restroom improvements.
Where is this storefront property located?
The property is located at 1823 W Chicago Ave Chicago, IL.
What is the lease rate?
The lease rate is $3,785/Mo.
What are key features of this property?
This property features: 1,350 SF ground‑floor retail unit with an open layout, high ceilings, and large storefront windows; Recent updates include new flooring, new lighting, and HVAC; ADA restroom and modernized facade improvements
