Building Details

Year Built 1891

Listing Agency: SKYDAN REAL ESTATE SALES, LLC

Listed By: FRANK CHRISTIANO · License #475146313 Show Phone

Source: Corcoran

Added: Apr 23, 2024 Changed: Mar 16 Last Checked: Mar 16 at 9:08AM

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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 SKYDAN REAL ESTATE SALES, LLC

Investment Insights

Based on property information with market context.

This property offers 1,600 square feet of retail space in the Wicker Park/Bucktown area. The storefront benefits from a high volume of foot traffic. The space is suitable for any business.

Key Highlights

• Prime Wicker Park/Bucktown location.
• High foot traffic area.
• 1600 square feet of retail space.

Property Analytics

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Current Use

Fair lynx Big Box & Wholesale Store LibertyX Atm SmileKare Dental Office Coin Cloud Bitcoin ... Atm Silver Edge Technology Consultant

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Butcher Adult Day Care Fish Market Farmer's 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

$4.50 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

4,551

Businesses Nearby

382k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 36% Shops & Services 25% Groceries 17% Apparel 9%

Jewel-Osco Groceries

65,395 visits/mo 0.2 miles

Barnes & Noble Shops & Services

48,824 visits/mo 0.5 miles

Lowe's Home Improvements & Furnishings

31,134 visits/mo 0.2 miles

Wendy's Dining

29,664 visits/mo 0.5 miles

BP Shops & Services

17,264 visits/mo 0.3 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

$26.47 /SF/Yr

Avg Asking Price

$8–$133 /SF/Yr

Price Range

8,902 SF

Avg Space Size

This space is priced 13% above the average of $26.47 /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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Prime retail space in high-traffic Wicker Park/Bucktown area.

Where is this retail space located?

The property is located at 1648 W North Avenue #STOREFRONT Chicago, IL.

What is the lease rate?

The lease rate is $30 SF/Yr.

What are key features of this property?

This property features: Prime Wicker Park/Bucktown location.; High foot traffic area.; 1600 square feet of retail space.