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Retail Space with C3 Zoning
New
For Lease
$40 SF/Yr

1515 N Fremont Street, Chicago, IL 60642

Space at the base of a 98-unit micro-apartment development supports retail or office use under C3 zoning.

Space SizeContact for details
Days on Market3

Property Features for 1515 N Fremont Street

General Information

Standard status Active
Property subtype COMMERCIAL
Zoning C3
Listing Agency: Strauss Realty Ltd
Listed By: Craig Wolf · License #475163046
Source: Harkinsandassociates
Added: Sep 1 Changed: Sep 3 Last Checked: Sep 3 at 2:28AM

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 retail space occupies the base of a 98-unit micro-apartment development at 1515 N Fremont Street in Chicago. C3 zoning supports a range of retail or office uses, providing flexibility for business planning.

The property sits within Lincoln Park’s North Avenue, Clybourn, and Halsted Corridor, with Whole Foods and Zaza’s Pizzeria nearby. The North/Clybourn Red Line station is a 5 minute walk away. Surrounding residential properties include SoNo West luxury condominiums and SoNo East Apartments, placing the space near established residential density and walkable customer activity.

Key Highlights

  • Retail space at the base of a 98‑unit micro‑apartment development
  • C3 zoning allows a variety of retail or office uses
  • Located at 1515 N Fremont Street in Chicago

Property Analytics

Current Use

SoNu Digs Apartments Apartment Building

Suggested Use

Top Pick Accounting Firm Nursing Home Garden Center Auto Parts Store (Bike/Boat/Book/etc) 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
$6.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,943
Businesses Nearby
608k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 22% Groceries 18% Superstores 15% Apparel 13%
Target Superstores
88,186 visits/mo 0.5 miles
Whole Foods Market Groceries
56,495 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
47,033 visits/mo 0.5 miles
Apple Store Electronics
31,272 visits/mo 0.1 miles
Starbucks Dining
29,699 visits/mo 0.1 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

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 45% above 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
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Frequently Asked Questions

What type of property is this?
Retail space - Space at the base of a 98-unit micro-apartment development supports retail or office use under C3 zoning.
Where is this retail space located?
The property is located at 1515 N Fremont Street Chicago, IL.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: Retail space at the base of a 98‑unit micro‑apartment development; C3 zoning allows a variety of retail or office uses; Located at 1515 N Fremont Street in Chicago
More about this property
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