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West Town Corner Storefront Opportunity
For Lease
$22 SF/Yr

1355 W Chicago Avenue Unit CS, Chicago, IL 60642

Corner storefront in West Town's Chicago Avenue commercial corridor.

Space SizeContact for details
Days on Market212

Property Features for 1355 W Chicago Avenue Unit CS

General Information

Standard status Active
Property subtype COMMERCIAL

Taxes and HOA fees

Annual Taxes $50,850

Building Details

Year Built 1900
Listing Agency: Teko Realtor LLC
Listed By: Sung Cho
Source: Dawnmckennagroup
Added: Mar 20 Changed: Oct 10 Last Checked: Oct 16 at 3:48PM

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 Teko Realtor LLC

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Investment Insights

Based on property information with market context.

Located in the West Town neighborhood along the Chicago Avenue commercial corridor, this corner storefront is situated within the building at 1355 W Chicago Ave. The space features 12-foot ceilings and is zoned B1-2, offering versatility for various business types. Previously used as an office, the space is suitable for retail, cafe, or medical clinic. The property is located near Michelin Star restaurants, art galleries, boutique shopping, and Eckhart Park. Transportation options include the Chicago Ave bus line directly in front of the building and a 5-minute walk to the Chicago Ave Blue Line train, with convenient access to the I90-94 Expressway within a 2-minute drive. Neighboring businesses include Walgreens, CVS/Pharmacy, Anytime Fitness, Family Dollar, T-Mobile, Fry the Coop, Dunkin Donuts, WingStop and Subway, Beatnik, Jeong, Hiro Bar Izakaya, and Opart Thai. The location benefits from an estimated 22,000 vehicles per day along this busy commercial corridor.

Key Highlights

  • Prime corner location on highly sought‑after Chicago Avenue commercial corridor in West Town.
  • Versatile B1‑2 zoning allows for a wide range of business types (retail, office, cafe, medical clinic, etc.).
  • High foot and vehicle traffic (est. 22,000 vehicles per day).

Property Analytics

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Current Use

Semicolon Bookstore & Gallery (Bike/Boat/Book/etc) Store ColorFlow Video Production Wedding Service

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Carpet & Flooring Store Adult Day Care Clothing & Fashion Store Tanning Salon

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
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,395
Businesses Nearby
59k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 54% Dining 43% Electronics 3%
Dunkin' Donuts Dining
12,619 visits/mo 0.4 miles
Starbucks Dining
9,334 visits/mo 0.3 miles
Shell Shops & Services
7,577 visits/mo 0.4 miles
Family Dollar Shops & Services
7,249 visits/mo 0.2 miles
Marathon Petroleum Shops & Services
5,596 visits/mo 0.3 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
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Market

Lease Benchmarks for Chicago, IL

$25.64 /SF/Yr
Avg Asking Price
$10–$114 /SF/Yr
Price Range
3,931 SF
Avg Space Size

This space is priced 14% below the average of $25.64 /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

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  • The Sheffields Ashland Addison Florsit Co. — Chicago, IL 60607

Frequently Asked Questions

What type of property is this?
Storefront property - Corner storefront in West Town's Chicago Avenue commercial corridor.
Where is this storefront property located?
The property is located at 1355 W Chicago Avenue Unit CS Chicago, IL.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Prime corner location on highly sought‑after Chicago Avenue commercial corridor in West Town.; Versatile B1‑2 zoning allows for a wide range of business types (retail, office, cafe, medical clinic, etc.).; High foot and vehicle traffic (est. 22,000 vehicles per day).
More about this property
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