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Contiguous Retail Suites C and E
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5038-5050 N Broadway St, Chicago, IL 60640

Warm dark shell retail space offered as contiguous suites C and E at the base of a 342-unit residential building.

Property Size4,292 SF
Days on Market629

Property Features for 5038-5050 N Broadway St

General Information

Standard status Active
Size 4,292 SF
Property subtype RETAIL
Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Ryan Hicks
Source: Moodyscre
Added: Nov 8, 2024 Changed: Jul 27 Last Checked: Jul 29 at 2:56PM

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 Mid-America Real Estate Group | Chicago

Investment Insights

Based on property information with market context.

This warm dark shell retail opportunity is configured as contiguous suites C and E, positioned at the base of The Draper, a 342-unit residential building. The space is presented in a buildout-ready condition, and the landlord is willing to assist with the cost of buildout.

The property sits in Chicago’s Uptown neighborhood with medical co-tenancy. It is adjacent to the Argyle CTA stop and a public parking garage, providing direct transit adjacency and nearby structured parking.

For tenants and operators looking for a retail footprint that can be controlled and tailored across suites C and E, this offering provides a single contiguous arrangement within an active residential base.

Key Highlights

  • Warm dark shell retail space available as contiguous suites C and E at the base of a 342‑unit residential building.
  • Located adjacent to the Argyle CTA stop with 834,807 riders annually and nearby public parking garage.
  • Medical co‑tenancy is referenced in the offering.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Nursing Home Home Appliance Store (Bike/Boat/Book/etc) Store Tanning Salon Catering Service

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

4,413
Businesses Nearby
141k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 42% Groceries 27% Dining 26% Home Improvements & Furnishings 6%
Mariano's Groceries
38,415 visits/mo 0.3 miles
McDonald's Dining
27,614 visits/mo 0.2 miles
BP Shops & Services
17,307 visits/mo 0.1 miles
Citibank Shops & Services
12,016 visits/mo 0.3 miles
Shell Shops & Services
8,883 visits/mo 0.2 miles

Demographics for 60640, IL

65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
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
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Frequently Asked Questions

What type of property is this?
Retail space - Warm dark shell retail space offered as contiguous suites C and E at the base of a 342-unit residential building.
Where is this retail space located?
The property is located at 5038-5050 N Broadway St Chicago, IL.
What are key features of this property?
This property features: Warm dark shell retail space available as contiguous suites C and E at the base of a 342‑unit residential building.; Located adjacent to the Argyle CTA stop with 834,807 riders annually and nearby public parking garage.; Medical co‑tenancy is referenced in the offering.
(630) 954-7354 Call to check price and availability
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