Listing Agency: First Western Properties p***@1stwesternproperties.com Show Phone

Listed By: Paul Tsakiris · License #IL 471005153

Source: Crexi

Added: Apr 10 Changed: Aug 29 Last Checked: Aug 31 at 4:59AM

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Investment Insights

Based on property information with market context.

This retail property encompasses 8,600 SF at 5523-35 W. Chicago Ave in Chicago, Illinois. The asset is identified for retail use and is offered for sale.

Key Highlights

• 8,600 SF retail property
• 5523‑35 W. Chicago Ave, Chicago, IL 60651

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Skin Care Clinic Spa & Massage Center

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

1,581

Businesses Nearby

29k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 68% Home Improvements & Furnishings 14% Dining 11% Electronics 6%

Family Dollar Shops & Services

8,062 visits/mo 0.5 miles

Family Dollar Shops & Services

5,734 visits/mo 0.3 miles

Dollar General Shops & Services

5,708 visits/mo 0.1 miles

Ace Hardware Home Improvements & Furnishings

4,090 visits/mo 0.5 miles

SUBWAY Dining

3,249 visits/mo 0.5 miles

Demographics for 60651, IL

62,819

Population

22,885

Households

2.7

Avg Household Size

36

Median Age

16%

College-Educated

77%

High-School Grad

3.5 sq mi

ZIP Area

17,948

Density / Sq Mi

$52,963

Median Household Income

$33,783

Median Earnings

$1,186

Median Rent

$262,700

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Commercial retail space along West Chicago Avenue.

Where is this retail space located?

The property is located at 5523-35 W Chicago Ave Chicago, IL.

What are key features of this property?

This property features: 8,600 SF retail property; 5523‑35 W. Chicago Ave, Chicago, IL 60651