Storefront Retail
For Lease
Contact for pricing
1616 N Damen Ave, Chicago, IL 60647
Storefront retail space near North Avenue and Damen Avenue, with Milwaukee Avenue steps away.
Property Size750 SF
Days on Market1268
Property Features for 1616 N Damen Ave
General Information
Standard status
Active
Size
750 SF
Property subtype
RETAIL
Listing Agency:
CBRE | Chicago
(312) 935-1901
Listed By:
Danny Jacobson
(312) 935-1901
Source:
Moodyscre
Added: Feb 8, 2023
Changed: Jul 30
Last Checked: Jul 30 at 10:23AM
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 CBRE | Chicago
Investment Insights
Based on property information with market context.
Storefront retail space totaling 750 SF, positioned for a boutique small shop concept. The space is sized for an in-line storefront and is suitable for retailers seeking a compact footprint.
The property is conveniently located between major neighborhood traffic generators, including the Damen blue line and the 606 trail. The Damen blue line is listed at 2,155,685 annual riders, and the location is described as steps away from the North Avenue/Damen Avenue and Milwaukee Avenue area.
Surrounding retail includes a mix of national, regional, and local tenants, with Bucktown identified as a major shopping destination. Nearby demand drivers are described as pulling customers from Bucktown, Wicker Park, Logan Square, and Humboldt Park, with population counts referenced for the immediate and surrounding trade area.
The property is conveniently located between major neighborhood traffic generators, including the Damen blue line and the 606 trail. The Damen blue line is listed at 2,155,685 annual riders, and the location is described as steps away from the North Avenue/Damen Avenue and Milwaukee Avenue area.
Surrounding retail includes a mix of national, regional, and local tenants, with Bucktown identified as a major shopping destination. Nearby demand drivers are described as pulling customers from Bucktown, Wicker Park, Logan Square, and Humboldt Park, with population counts referenced for the immediate and surrounding trade area.
Key Highlights
- 750 SF storefront retail space
- Steps from North Avenue/Damen Avenue and Milwaukee Avenue
- Between the Damen blue line and the 606 trail
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
4,705
Businesses Nearby
297k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 46%
Dining 27%
Apparel 11%
Groceries 11%
Barnes & Noble
Shops & Services
48,824 visits/mo
0.1 miles
Aldi
Groceries
32,222 visits/mo
0.2 miles
Shell
Shops & Services
23,379 visits/mo
0.5 miles
Circle K
Shops & Services
17,408 visits/mo
0.5 miles
Jeni's Splendid Ice Creams
Dining
11,621 visits/mo
0.3 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
$22.12 /SF/Yr
Avg Asking Price
$0.92–$45 /SF/Yr
Price Range
2,359 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Storefront property - Storefront retail space near North Avenue and Damen Avenue, with Milwaukee Avenue steps away.
Where is this storefront property located?
The property is located at 1616 N Damen Ave Chicago, IL.
What are key features of this property?
This property features: 750 SF storefront retail space; Steps from North Avenue/Damen Avenue and Milwaukee Avenue; Between the Damen blue line and the 606 trail
