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Rehabilitated Storefront Property
For Sale
Contact for pricing
Pending

318 W 115th St, Chicago, IL 60628

Open-plan commercial space with dedicated parking, updated building systems, and flexible potential for retail or service-oriented operations.

Property Size2,400 SF
Days on Market141

Property Features for 318 W 115th St

General Information

Standard status Pending
Size 2,400 SF
Property subtype Hospitality, Office, Retail

Amenities

high-efficiency LED lighting
ceiling fans
state-of-the-art refrigeration units
multiple flat-screen TVs
open layout with tiled flooring
three bathrooms
own parking lot

Building Details

Year Renovated 2024
Listing Agency: 5th Group Corp
Listed By: Candice Payne · License #FLBO
Source: Crexi
Added: Apr 13 Changed: Aug 29 Last Checked: Aug 29 at 2:23PM

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 5th Group Corp

Investment Insights

Based on property information with market context.

This storefront property at 318 W 115th St offers 2,400 square feet of open commercial space following a comprehensive 2024 rehabilitation. The interior includes tiled flooring, LED lighting, ceiling fans, refrigeration equipment, multiple flat-screen TVs, and three bathrooms. Building improvements include a new roof along with updated electrical and plumbing systems.

A basement remains under renovation and can provide additional storage, utility area, or expansion space. The property also includes a private parking lot in addition to ample street parking. The source information identifies potential uses including a laundromat, restaurant, school, or event space.

Key Highlights

  • 2,400‑square‑foot storefront property at 318 W 115th St, Chicago, IL 60628
  • Comprehensively rehabilitated in 2024 with a new roof
  • Updated electrical and plumbing systems with three bathrooms

Property Analytics

Current Use

So Fresh So ... Landscaping O'Hare Clinical Lab ... Laboratory

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Building Supply (Bike/Boat/Book/etc) Store Plumbing 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.

Location Intelligence

Trade Area within ½ mile

892
Businesses Nearby
46k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 62% Shops & Services 38%
McDonald's Dining
28,330 visits/mo 0.3 miles
Family Dollar Shops & Services
8,624 visits/mo 0.4 miles
Citgo Shops & Services
5,452 visits/mo 0.4 miles
QuikStop Shops & Services
2,812 visits/mo 0.5 miles
U-Haul Shops & Services
560 visits/mo 0.1 miles

Demographics for 60628, IL

62,832
Population
28,736
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
5,712
Density / Sq Mi
$49,719
Median Household Income
$35,974
Median Earnings
$1,168
Median Rent
$158,500
Median Home Value

Market

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 - Open-plan commercial space with dedicated parking, updated building systems, and flexible potential for retail or service-oriented operations.
Where is this storefront property located?
The property is located at 318 W 115th St Chicago, IL.
What are key features of this property?
This property features: 2,400‑square‑foot storefront property at 318 W 115th St, Chicago, IL 60628; Comprehensively rehabilitated in 2024 with a new roof; Updated electrical and plumbing systems with three bathrooms
(312) 480-8111 Call to check price and availability
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