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Renovated Retail Space with Basement
For Lease
$26 SF/Yr

1508 W 18th Street, Chicago, IL 60608

Exposed brick, rear parking, and a full basement support flexible retail operations.

Space SizeContact for details
Days on Market146

Property Features for 1508 W 18th Street

General Information

Standard status Active
Total Parking Spaces 1
Zoning RTAIL

Additional Details

Space Use Retail

Taxes and HOA fees

Annual Taxes $8,200

Amenities

dark wooden floors
exposed brick accent walls
basement storage
private parking

Building Details

Year Built 1915
Stories 1
Listing Agency: Century 21 Dream Homes
Listed By: Meldina Dervisevic · License #471006933
Source: Allinonerealestateco
Added: Apr 9 Changed: Aug 31 Last Checked: Aug 3 at 2:50AM

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 Century 21 Dream Homes

Investment Insights

Based on property information with market context.

This 2,100-square-foot retail space combines dark wood flooring with exposed brick accent walls in a renovated interior. A full basement provides additional storage, while a private parking space is positioned at the rear. The layout can be adapted for food-related use, adding flexibility for different operating concepts.

The property is located at 1508 W 18th Street in Chicago’s Pilsen neighborhood. Built in 1915 and identified with RTAIL zoning, the space is situated within a retail corridor described as having strong visibility and pedestrian activity. The basement and dedicated parking expand the functional utility of the storefront beyond the primary sales area.

Key Highlights

  • 2,100 SF renovated retail space
  • Dark wooden floors and exposed brick accent walls
  • Full basement for additional storage

Property Analytics

Current Use

PrintWithMe Print Kiosk ... (Bike/Boat/Book/etc) Store Del Día Creative ... Museum A International Personnel Services Employment Agency Soul Full Chicago Cafe & Coffee Shop The Hood Florist (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Bed & Breakfast Clothing & Fashion Store Nursing Home Adult Day Care

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
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,142
Businesses Nearby
393k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 43% Shops & Services 29% Dining 15% Groceries 12%
Costco Wholesale Superstores
170,820 visits/mo 0.4 miles
Costco Gasoline Shops & Services
80,339 visits/mo 0.5 miles
Aldi Groceries
48,342 visits/mo 0.4 miles
McDonald's Dining
37,693 visits/mo 0.3 miles
BP Shops & Services
23,707 visits/mo 0.3 miles

Demographics for 60608, IL

75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
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 6% 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Exposed brick, rear parking, and a full basement support flexible retail operations.
Where is this retail space located?
The property is located at 1508 W 18th Street Chicago, IL.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: 2,100 SF renovated retail space; Dark wooden floors and exposed brick accent walls; Full basement for additional storage
More about this property
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