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Ground-Floor Retail Space
New
For Lease
$24 SF/Yr

1604 N Francisco Avenue, Chicago, IL 60647

Corner-positioned retail space with central HVAC, substantial electrical service, and 24/7 tenant service portal access.

Space SizeContact for details
Days on Market4

Property Features for 1604 N Francisco Avenue

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $28,823

Amenities

Central air
Central Air Cooling
Central Individual Cooling

Building Details

Year Built 1905
Listing Agency: MO2 BROKERAGE LLC
Listed By: GIANCARLO IANNOTTA · License #475195344
Source: Corcoran
Added: Sep 4 Changed: Sep 6 Last Checked: Sep 7 at 7:43AM

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 MO2 BROKERAGE LLC

Investment Insights

Based on property information with market context.

This ground-floor retail space provides 1,700 square feet at the corner of North Francisco Avenue and North Avenue. The property includes 75 feet of retail frontage, central HVAC, a furnace, hot water heater, closet space, and 600 amp electrical service. Built in 1905, the building is professionally maintained and managed, with around-the-clock access to a tenant service portal.

The storefront records more than 22,000 VPD along North Avenue and is located two blocks from the 606 Trail. Nearby retailers and businesses include Dunkin', McDonald's, Burger King, Little Caesars Pizza, 1492 Cuban Fusion Cafe, Cermak Produce, Humboldt Haus Sandwich Bar, Anytime Fitness, and Giving Hearts Yoga. The address is 1604 N Francisco Avenue in Chicago, Illinois 60647.

Key Highlights

  • 1,700 SF of ground‑floor retail space
  • 75 feet of retail frontage at the corner of North Francisco Avenue and North Avenue
  • More than 22,000 VPD along North Avenue

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Nursing Home Pet Grooming Service Catering Service Fish Market Clothing & Fashion Store

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,226
Businesses Nearby
89k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 64% Dining 32% Electronics 2% Beauty & Spa 2%
BP Shops & Services
24,035 visits/mo 0.5 miles
Burger King Dining
20,940 visits/mo 0.1 miles
PNC Bank Shops & Services
10,614 visits/mo 0.4 miles
BP Shops & Services
9,224 visits/mo 0.3 miles
AutoZone Shops & Services
6,516 visits/mo 0.5 miles

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
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 13% 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
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Frequently Asked Questions

What type of property is this?
Retail space - Corner-positioned retail space with central HVAC, substantial electrical service, and 24/7 tenant service portal access.
Where is this retail space located?
The property is located at 1604 N Francisco Avenue Chicago, IL.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 1,700 SF of ground‑floor retail space; 75 feet of retail frontage at the corner of North Francisco Avenue and North Avenue; More than 22,000 VPD along North Avenue
More about this property
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