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Retail Space
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10318-20 S Western Ave, Chicago, IL 60643

Lease terms include annual escalations and HVAC maintenance responsibilities.

Property SizeContact for details
Days on Market146

Property Features for 10318-20 S Western Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: Berkshire Hathaway Home Services - Chicago
Listed By: William Biros Sr · License #IL 471000654
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 4:51PM

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 Berkshire Hathaway Home Services - Chicago

Investment Insights

Based on property information with market context.

Retail space at 10318-20 S Western Ave in Chicago, Illinois. Proposed lease terms include a 3% annual escalation and a maintenance agreement requiring HVAC service twice annually. The tenant would be responsible for installing an awning comparable to the existing awning, maintaining that obligation at the tenant’s expense, and returning the space in vanilla box condition at lease expiration. Security deposit requirements would be determined based on tenant credit.

Key Highlights

  • 10318‑20 S Western Ave, Chicago, IL 60643
  • 3% annual lease escalation
  • HVAC maintenance agreement with service twice annually

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Computer & Electronic Repair Electrical 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

973
Businesses Nearby
90k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 51% Dining 49%
Buona Dining
13,078 visits/mo 0.4 miles
Sparkle Express Car Wash Shops & Services
11,912 visits/mo 0.3 miles
BP Shops & Services
10,957 visits/mo 0.1 miles
Shell Shops & Services
9,896 visits/mo 0.5 miles
The Original Pancake House Dining
9,817 visits/mo 0.1 miles

Demographics for 60643, IL

47,831
Population
19,541
Households
2.4
Avg Household Size
44
Median Age
39%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
6,464
Density / Sq Mi
$83,015
Median Household Income
$53,155
Median Earnings
$1,359
Median Rent
$233,900
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?
Retail space - Lease terms include annual escalations and HVAC maintenance responsibilities.
Where is this retail space located?
The property is located at 10318-20 S Western Ave Chicago, IL.
What are key features of this property?
This property features: 10318‑20 S Western Ave, Chicago, IL 60643; 3% annual lease escalation; HVAC maintenance agreement with service twice annually
More about this property
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