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Corner Retail Space with Signage
For Lease
$23 SF/Yr

1300 W North Ave, Chicago, IL 60642

Retail space adjacent to Home Depot with corner positioning near I-90/94 access.

Space SizeContact for details
Days on Market45

Property Features for 1300 W North Ave

General Information

Standard status Active

Building Details

Year Built 1957
Listing Agency: Strauss Realty Ltd
Listed By: Moshe Weinberger · License #475183341
Source: Realtopiare
Added: Jul 20 Changed: Aug 29 Last Checked: Sep 1 at 10:26PM

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 Strauss Realty Ltd

Investment Insights

Based on property information with market context.

This 3,230-square-foot retail space occupies a corner position at 1300 W North Ave in Chicago. The building dates to 1957 and was formerly occupied by Grand Appliance & TV. The layout is suited to a prominent storefront presence, with signage opportunities supported by the corner setting.

The property sits next to Home Depot on North Avenue, east of I-90/94. North Avenue carries more than 33,200 vehicles per day, providing substantial exposure for retail operations. The site is also positioned near the proposed Foundry Park community development, planned across 28 acres. The surrounding two-mile area includes a population of 290,190, 149,877 households, and an average household income of $148,842.

Key Highlights

  • 3,230 SF retail space at 1300 W North Ave, Chicago, IL 60642
  • Corner position next to Home Depot with signage opportunity
  • North Avenue traffic exceeds 33,200 vehicles per day

Property Analytics

Current Use

SP+ Parking Parking Lot & Garage

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Auto Repair Shop Garden Center Pharmacy

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
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,981
Businesses Nearby
359k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 32% Home Improvements & Furnishings 27% Shops & Services 15% Dining 11%
Jewel-Osco Groceries
65,395 visits/mo 0.4 miles
The Home Depot Home Improvements & Furnishings
47,033 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
31,134 visits/mo 0.4 miles
Binny's Beverage Depot Groceries
23,400 visits/mo 0.4 miles
Best Buy Electronics
22,061 visits/mo 0.4 miles

Demographics for 60642, IL

21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$27.62 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,516 SF
Avg Space Size

This space is priced 17% below the average of $27.62 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space adjacent to Home Depot with corner positioning near I-90/94 access.
Where is this retail space located?
The property is located at 1300 W North Ave Chicago, IL.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: 3,230 SF retail space at 1300 W North Ave, Chicago, IL 60642; Corner position next to Home Depot with signage opportunity; North Avenue traffic exceeds 33,200 vehicles per day
More about this property
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