Surface Parking Retail
For Lease
Contact for pricing
3621 N Western Ave, Chicago, IL 60618
Multi-tenant retail development offers surface parking access on heavily traveled Western Avenue.
Property Size3,540 SF
Days on Market764
Property Features for 3621 N Western Ave
General Information
Standard status
Active
Size
3,540 SF
Property subtype
RETAIL
Lease Type
SF/yr
Additional Details
Business Included
No
Building Details
Tenancy
Multi
Listing Agency:
Marc Realty
(847) 330-1300
Listed By:
Yasmin Aurora
Source:
Moodyscre
Added: Jun 28, 2024
Changed: Jul 28
Last Checked: Jul 30 at 1:29PM
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 Marc Realty
Investment Insights
Based on property information with market context.
This multi-tenant retail development is available for lease and includes a surface parking opportunity in the City of Chicago. The asset is configured as storefront-oriented retail within a shared commercial property.
The property is located on Western Avenue north of Addison Avenue, with visibility to daytime and evening traffic drivers. The location supports retail traffic and convenient customer access via the on-site surface parking.
As a rarely available parking-focused option within an operating retail environment, this space is best suited for tenants seeking storefront presence with direct customer parking.
The property is located on Western Avenue north of Addison Avenue, with visibility to daytime and evening traffic drivers. The location supports retail traffic and convenient customer access via the on-site surface parking.
As a rarely available parking-focused option within an operating retail environment, this space is best suited for tenants seeking storefront presence with direct customer parking.
Key Highlights
- Multi‑tenant retail development on Western Avenue, north of Addison Avenue
- Located on a heavily traveled Western Avenue with daytime and evening traffic
- Surface parking available and accessed through the property site (rarely available parking opportunity in the City of Chicago)
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$8.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,421
Businesses Nearby
Explore this area
Business Placement
Demographics for 60618, IL
90,316
Population
41,053
Households
2.2
Avg Household Size
35
Median Age
55%
College-Educated
89%
High-School Grad
5.0 sq mi
ZIP Area
18,063
Density / Sq Mi
$101,558
Median Household Income
$60,263
Median Earnings
$1,534
Median Rent
$538,300
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
This space is priced 114% above the average of $25.71 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Retail space - Multi-tenant retail development offers surface parking access on heavily traveled Western Avenue.
Where is this retail space located?
The property is located at 3621 N Western Ave Chicago, IL.
What is the lease rate?
The lease rate is $55 SF/Yr.
What are key features of this property?
This property features: Multi‑tenant retail development on Western Avenue, north of Addison Avenue; Located on a heavily traveled Western Avenue with daytime and evening traffic; Surface parking available and accessed through the property site (rarely available parking opportunity in the City of Chicago)
