Listing Agency: Mid-America Real Estate Group | Chicago r***@midamericagrp.com Show Phone

Listed By: Ryan Hicks Show Phone

Source: Moodyscre

Added: Mar 23, 2023 Changed: Jul 29 Last Checked: Aug 3 at 1:36PM

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Investment Insights

Based on property information with market context.

This retail storefront offers approximately 1,000 square feet of space for a tenant seeking a street-facing commercial location. The property is described as an excellent retail site in Ukrainian Village/West Town.

The site is located three blocks west of Ashland Avenue and is positioned on the north side of Chicago and Damen Avenues, with an intersection traffic count of approximately 26,900 vehicles per day. It is also less than 1 mile west of I-90, providing convenient access to the broader regional roadway network.

The information provided indicates a straightforward storefront configuration well suited to retail use at a high-visibility intersection within the West Town/Ukrainian Village area.

Key Highlights

• Storefront retail space near the Chicago Avenue and Damen Avenue intersection in Ukrainian Village/West Town
• Located on the north side of Chicago and Damen Avenues with documented traffic of 26,900 VPD at the intersection
• Site is less than 1 mile west of I‑90

Property Analytics

Current Use

AT&T Store Mobile Phone Store Art Builds (Bike/Boat/Book/etc) Store Vertical Gallery Art Gallery Vertical Project Space Art Gallery

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Bed & Breakfast Supermarket

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

Yes

Highway access

Yes

Paved road access

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

4,698

Businesses Nearby

136k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 51% Groceries 32% Shops & Services 17%

Mariano's Groceries

43,456 visits/mo 0.0 miles

McDonald's Dining

38,181 visits/mo 0.1 miles

Burger King Dining

17,373 visits/mo 0.4 miles

Dunkin' Donuts Dining

7,148 visits/mo 0.4 miles

Shell Shops & Services

6,179 visits/mo 0.4 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

Market

Lease Benchmarks for Chicago, IL

$26.48 /SF/Yr

Avg Asking Price

$0.92–$133 /SF/Yr

Price Range

3,957 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?

Storefront property - Storefront retail space located near the Chicago Avenue and Damen Avenue intersection with heavy documented vehicle traffic.

Where is this storefront property located?

The property is located at 2006 W Chicago Ave Chicago, IL.

What are key features of this property?

This property features: Storefront retail space near the Chicago Avenue and Damen Avenue intersection in Ukrainian Village/West Town; Located on the north side of Chicago and Damen Avenues with documented traffic of 26,900 VPD at the intersection; Site is less than 1 mile west of I‑90