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Retail Space with Theater Improvements
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For Lease
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1501 North Kingsbury Street, Chicago, IL 60642

Four theaters, two bars, and a commercial kitchen are already in place.

Space Size18,219 SF
Property Size35,263 SF
Days on Market5

Property Features for 1501 North Kingsbury Street

General Information

Standard status Active
Size 18,219 SF
Net Rentable 2,420 SF
Property subtype Retail

Space & Availability

Available Space 2,420 SF
Divisible Yes
Floor Ground
Available From Immediate

Additional Details

Highway Access Yes

Amenities

theaters
bars
commercial kitchen
elevator service
outdoor patio/deck area
ADA compliant
black iron

Building Details

Building Size 35,263 SF
Stories 2

Spaces For Lease

at 1501 North Kingsbury Street
1501 N Kingsbury
Size 18,219 SF
Term Negotiable
Rate Contact for pricing
Contact us
Listing Agency: Frontline Real Estate Partners, LLC
Listed By: Matthew Tarshis · License #471022713
Source: Frontlinerepartners
Added: Oct 1 Last Checked: Oct 4 at 7:19AM

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 Frontline Real Estate Partners, LLC

Investment Insights

Based on property information with market context.

Available on the ground level of a two-story loft-style building, this retail space can be divided into areas of approximately 2,420 SF. Existing improvements include four theaters, two bars, a commercial kitchen, elevator service, and an outdoor patio. The property is ADA compliant, and the patio area may be converted to on-site parking. The space has been identified for retail, medical, entertainment, fitness, hospitality, showroom, and experiential uses.

The property sits across from a Whole Foods Market and near other national retailers, including Mariano’s, Trader Joe’s, Target, Home Depot, and AMC New City. North/Clybourn station on the Red Line is a short walk away, and the Kennedy Expressway is approximately 0.5 miles west. The stated average household income within 0.5 mile is $234,851.

Key Highlights

  • Four existing theaters, two bars, and a commercial kitchen
  • First‑floor space in a two‑story loft‑style building; divisible to approximately 2,420 SF
  • ADA‑compliant property with elevator service

Property Analytics

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Current Use

The iO Theater Nightclub The Mission Theater Theater & Performing Art Venue Improvised Shakespeare Company Theater & Performing Art Venue Generation LatinX Theater & Performing Art Venue Malarkey Comedy, Home ... Nightclub

Suggested Use

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

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,154
Businesses Nearby
615k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 22% Groceries 17% Superstores 14% Shops & Services 14%
Target Superstores
88,186 visits/mo 0.5 miles
Whole Foods Market Groceries
56,495 visits/mo 0.1 miles
The Home Depot Home Improvements & Furnishings
47,033 visits/mo 0.4 miles
Apple Store Electronics
31,272 visits/mo 0.3 miles
Starbucks Dining
29,699 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Chicago, IL

$25.49 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,917 SF
Avg Space Size

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 - Four theaters, two bars, and a commercial kitchen are already in place.
Where is this retail space located?
The property is located at 1501 North Kingsbury Street Chicago, IL.
What are key features of this property?
This property features: Four existing theaters, two bars, and a commercial kitchen; First‑floor space in a two‑story loft‑style building; divisible to approximately 2,420 SF; ADA‑compliant property with elevator service
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