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Mixed-Use Space with Upper Level
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1311 E 57th Street, Chicago, IL 60637

Commercial Lease, Chicago, IL

Space Size5,000 SF
Days on Market2

Property Features for 1311 E 57th Street

General Information

Property type Commercial Lease
Property subtype Office
Directions Lake Shore Dr to 57th St, west on 57th St. Property is located in Hyde Park near the University of Chicago.
Subdivision CHI - Hyde Park
Standard status Active

Utilities

Cooling system Central Air

Amenities

high ceilings
modern build-out
kitchenette
basement storage
upper-level component
parking available

Building Details

Year built 1915
Floors in Building 3
Building materials Brick
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Anthony Hardy · License #475139834
Added: Sep 28 Last Checked: Sep 29 at 1:06AM
MLS# 12769985

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5,000 SF mixed-use space has an open plan with several functional areas, a kitchenette, and an upper level that overlooks the main floor. Ceiling heights exceed 20 feet, and the interior includes a modern build-out. Basement storage, central air, and parking are also available. The building is brick and dates to 1915.

The property is in Chicago’s Hyde Park neighborhood, one block from the University of Chicago campus. The available configuration includes retail and office space.

Key Highlights

  • 5,000 SF of available mixed‑use space
  • Ceilings higher than 20 feet
  • Upper‑level area overlooking the main floor

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Auto Parts Store Auto Repair Shop Grocery & Convenience Store Storage Facility

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

4,623
Businesses Nearby
84k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 55% Dining 28% Home Improvements & Furnishings 14% Shops & Services 3%
Trader Joe's Groceries
46,061 visits/mo 0.4 miles
Potbelly Sandwich Shop Dining
13,436 visits/mo 0.5 miles
Elston Ace Hardware Home Improvements & Furnishings
11,960 visits/mo 0.5 miles
Starbucks Dining
7,723 visits/mo 0.3 miles
FedEx Office Print & Ship Center Shops & Services
2,427 visits/mo 0.0 miles

Demographics for 60637, IL

53,555
Population
26,717
Households
2
Avg Household Size
31
Median Age
37%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
11,901
Density / Sq Mi
$42,080
Median Household Income
$33,227
Median Earnings
$1,170
Median Rent
$243,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$27.78 /SF/Yr
Avg Asking Price
$10–$52 /SF/Yr
Price Range
47,056 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?
Mixed-use property - The adaptable interior combines customer-facing space with professional areas and basement storage.
Where is this mixed-use property located?
The property is located at 1311 E 57th Street Chicago, IL.
What are key features of this property?
This property features: 5,000 SF of available mixed‑use space; Ceilings higher than 20 feet; Upper‑level area overlooking the main floor
More about this property
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