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Storefront Retail Space
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1616 North Damen Avenue, Chicago, IL 60647

Storefront retail space near North Avenue and Damen Avenue, with Milwaukee Avenue steps away.

Space Size750 SF
Days on Market35

Property Features for 1616 North Damen Avenue

General Information

Standard status Active
Size 750 SF
Property subtype Retail

Spaces For Lease

at 1616 North Damen Avenue Contact us

Retail C

Size
750 SF
Availability
Available
Contact us
Listing Agency: CBRE | Chicago
Listed By: Danny Jacobson
Source: Cbre
Added: Jul 29 Changed: Aug 26 Last Checked: Aug 31 at 1:31PM

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.

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

Hana Crnovrsanin, Counselor Life Coach Kimberly Curtis, Counselor Counselor LifeStance Therapists & Psychiatrists ... Counselor Rebecca Ebben, Counselor Counselor Shelby Duran, Counselor Life Coach

Suggested Use

Top Pick Nursing Home Accounting Firm Butcher Clothing & Fashion Store (Bike/Boat/Book/etc) Store Fish Market

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

Location Intelligence

Trade Area within ½ mile

4,705
Businesses Nearby
297k
Monthly Visits Nearby
Under-served
Demand for This Use

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

$29.35 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
3,737 SF
Avg Space Size

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
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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 North Damen Avenue 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
More about this property
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