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1638 W Chicago Avenue, Chicago, IL 60622

Commercial Lease, Chicago, IL

Space SizeContact for details
Days on Market314

Property Features for 1638 W Chicago Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning COMMR
Directions Chicago Avenue (800 North) just West of Ashland (1600 West)
Subdivision CHI - West Town
Standard status Active

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 20678

Utilities

Cooling system Central Air

Building Details

Year built 1904
Floors in Building 1
Listing Agency: Compass
Listed By: Bobby Simon · License #475187133
Added: Oct 13, 2025 Changed: Aug 20 Last Checked: Aug 22 at 4:06PM
MLS# 12494320

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located in Chicago, Illinois, this commercial space is available for rent. The property is zoned COMMR and is suitable for retail purposes. The property is located at 1638 W Chicago Avenue, Chicago, IL 60622.

Key Highlights

  • Central air conditioning for year‑round comfort.
  • Built in 1904.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Grooming Service Farmer's 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

Location Intelligence

Trade Area within ½ mile

4,502
Businesses Nearby
115k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 38% Dining 37% Shops & Services 24% Electronics 2%
Mariano's Groceries
43,456 visits/mo 0.5 miles
McDonald's Dining
38,181 visits/mo 0.5 miles
Shell Shops & Services
7,577 visits/mo 0.3 miles
Family Dollar Shops & Services
7,249 visits/mo 0.1 miles
Marathon Petroleum Shops & Services
5,596 visits/mo 0.1 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

$25.9 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,190 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
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial space available for rent in Chicago, Illinois.
Where is this retail space located?
The property is located at 1638 W Chicago Avenue Chicago, IL.
What are key features of this property?
This property features: Central air conditioning for year‑round comfort.; Built in 1904.
More about this property
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