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Teardown Retail Storefront Building
For Sale
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1544 W Washburne Ave, Chicago, IL 60608

Retail storefront building is sold as-is and requires teardown under a demo order.

Property SizeContact for details
Days on Market121

Property Features for 1544 W Washburne Ave

General Information

Standard status Active
Property subtype Land
Zoning B1-1
Listing Agency: Ani Real Estate
Listed By: Lutalo McGee · License #IL 471-015982
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 1:43AM

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 Ani Real Estate

Investment Insights

Based on property information with market context.

The property is a retail storefront building that requires teardown and is being sold as-is subject to a demo order. It is described as storefront retail space on low traffic streets.

The asset is zoned B1-1. While the existing building’s condition is not intended for reuse, the zoning classification may be relevant for parties evaluating redevelopment options.

Prospective buyers should plan for demolition and confirm redevelopment feasibility and requirements directly with the appropriate authorities.

Key Highlights

  • Retail storefront building sold as‑is and requires teardown
  • Subject to a demo order
  • Zoned B1‑1

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Fish Market Clothing & Fashion Store Veterinary Clinic Pet Store & 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

8,281
Businesses Nearby
498k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 34% Dining 27% Shops & Services 23% Groceries 14%
Costco Wholesale Superstores
170,820 visits/mo 0.5 miles
Costco Gasoline Shops & Services
80,339 visits/mo 0.4 miles
Jewel-Osco Groceries
68,401 visits/mo 0.4 miles
McDonald's Dining
31,471 visits/mo 0.4 miles
Chick-fil-A Dining
22,259 visits/mo 0.5 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

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Storefront property - Retail storefront building is sold as-is and requires teardown under a demo order.
Where is this storefront property located?
The property is located at 1544 W Washburne Ave Chicago, IL.
What are key features of this property?
This property features: Retail storefront building sold as‑is and requires teardown; Subject to a demo order; Zoned B1‑1
(773) 343-8073 Call to check price and availability
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