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Highly Visible Restaurant/Retail Space
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1624 N Damen Ave., Chicago, IL 60622

Restaurant or retail opportunity in a high-pedestrian area just steps from transit and The 606.

Space Size2,491 SF
Days on Market59

Property Features for 1624 N Damen Ave.

General Information

Standard status Active
Size 2,491 SF
Class A
Property subtype Retail, Restaurant

Building Details

Building Size 2,491 SF
Year Built 2026
Tenancy Single

Spaces For Lease

at 1624 N Damen Ave. Contact us

Available Space

Size
2,491 SF
Type
Restaurant, Retail
Availability
Active
Contact us
Listing Agency: Canvas Real Estate
Listed By: Michael Wallace · License #IL 475211525
Source: Crexi
Added: Jun 15 Changed: Aug 8 Last Checked: Aug 11 at 3:13PM

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 Canvas Real Estate

Investment Insights

Based on property information with market context.

This for-lease restaurant/retail space offers a highly visible setting designed for walk-in traffic. The offering is positioned for operators seeking a storefront presence, with the property’s public-facing frontage intended to support consumer-facing uses.

The location places the space just steps from the Damen Blue Line Station and The 606, providing convenient access for pedestrians and riders. The immediate area also reflects ongoing leasing momentum, with recent tenant signings cited in the submarket including Call Your Mother Deli, Hotel Chocolat, and Shang Noodle.

For a tenant, the combination of strong pedestrian activity, transit proximity, and a cluster of active food and retail operators supports everyday customer access. This is a straightforward fit for a restaurant concept or retail business that benefits from storefront visibility and frequent foot traffic from commuters and trail visitors.

Key Highlights

  • Year built: 2026
  • Highly visible setting with strong pedestrian traffic
  • Just steps from the Damen Blue Line Station

Property Analytics

Current Use

Conventional restaurants

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

4,698
Businesses Nearby
136k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 51% Groceries 32% Shops & Services 17%
Mariano's Groceries
43,456 visits/mo 0.0 miles
McDonald's Dining
38,181 visits/mo 0.1 miles
Burger King Dining
17,373 visits/mo 0.4 miles
Dunkin' Donuts Dining
7,148 visits/mo 0.4 miles
Shell Shops & Services
6,179 visits/mo 0.4 miles

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$31.5 /SF/Yr
Avg Asking Price
$18–$58 /SF/Yr
Price Range
5,069 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant or retail opportunity in a high-pedestrian area just steps from transit and The 606.
Where is this conventional restaurant located?
The property is located at 1624 N Damen Ave. Chicago, IL.
What are key features of this property?
This property features: Year built: 2026; Highly visible setting with strong pedestrian traffic; Just steps from the Damen Blue Line Station
(614) 537-2403 Call to check price and availability
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