Apartment-Complex
For Lease
$28 SF/Yr
5441 N East River Road Retail, Chicago, IL 60656
Former salon storefront with conversion potential for office, café, deli, flower shop, or other retail use.
Space SizeContact for details
Days on Market14
Property Features for 5441 N East River Road Retail
General Information
Standard status
Active
Building Details
Stories
15
Listing Agency:
Strauss Realty Ltd
(773) 736-3600
Listed By:
Moshe Weinberger · License #475183341
Source:
Liveliferealty
Added: Aug 20
Changed: Aug 30
Last Checked: Sep 1 at 8:40PM
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 storefront is located within the Pavilion Apartments complex, a 15-story residential property containing 1,100 units. The space previously operated as a salon and is positioned for conversion to an office, café, deli, flower shop, or another retail business.
The property is next to O’Hare and Rosemont, with nearby office activity and quick access to O’Hare Airport. Its placement within a large apartment complex also provides a direct connection to the surrounding residential population.
The property is next to O’Hare and Rosemont, with nearby office activity and quick access to O’Hare Airport. Its placement within a large apartment complex also provides a direct connection to the surrounding residential population.
Key Highlights
- Storefront space within the Pavilion Apartments complex
- Pavilion Apartments includes 15 stories and 1,100 units
- Former salon space with conversion potential
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,554
Businesses Nearby
28k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 76%
Hotels & Casinos 24%
Shell
Shops & Services
16,443 visits/mo
0.5 miles
Renaissance Chicago O'Hare Suites Hotel
Hotels & Casinos
6,857 visits/mo
0.4 miles
7-Eleven
Shops & Services
4,952 visits/mo
0.4 miles
Demographics for 60656, IL
28,474
Population
12,840
Households
2.2
Avg Household Size
40
Median Age
42%
College-Educated
92%
High-School Grad
3.2 sq mi
ZIP Area
8,898
Density / Sq Mi
$88,000
Median Household Income
$54,639
Median Earnings
$1,388
Median Rent
$344,400
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$29.35 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
3,737 SF
Avg Space Size
This space is priced 5% below the average of $29.35 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Similar Off Market Nearby
- Rosemont Florist — 6111 N River Rd, Rosemont, IL 60018
Frequently Asked Questions
What type of property is this?
Storefront property - Former salon storefront with conversion potential for office, café, deli, flower shop, or other retail use.
Where is this storefront property located?
The property is located at 5441 N East River Road Retail Chicago, IL.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Storefront space within the Pavilion Apartments complex; Pavilion Apartments includes 15 stories and 1,100 units; Former salon space with conversion potential
