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Mixed-Use Building with Retail
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1703 W Chicago Ave, Chicago, IL 60622

New construction combines a retail storefront with three apartments featuring private outdoor space.

Property SizeContact for details
Days on Market143

Property Features for 1703 W Chicago Ave

General Information

Standard status Active
Property subtype Retail, Mixed Use
Listing Agency: @properties Commercial
Listed By: Ian Feinerman · License #475.124617
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 9:49AM

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 @properties Commercial

Investment Insights

Based on property information with market context.

This newly built mixed-use property includes a 2,345-square-foot retail storefront with black-iron capability and three apartments arranged on separate floors. Each residence offers private outdoor space, modern cabinetry, hardwood flooring, and central HVAC, creating a cohesive residential component above the commercial space.

Positioned at 1703 W Chicago Ave in Chicago’s West Town, the building is one block west of the Ashland and Chicago intersection. The property is near Mariano's, Walgreens, Anytime Fitness, Yuzu Sushi, Funkenhausen, and Sprout Home, with access to the Division, Chicago, and Ashland Blueline stations plus multiple nearby bus stops.

Key Highlights

  • 2,345‑square‑foot retail storefront with black‑iron capability
  • Three apartments, each occupying its own floor
  • Private outdoor space for every apartment

Property Analytics

Current Use

Chicago Empanada Mama Restaurant

Suggested Use

Top Pick Tanning Salon Carpet & Flooring Store Pet Grooming Service (Bike/Boat/Book/etc) Store Accounting Firm 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.

Location Intelligence

Trade Area within ½ mile

4,502
Businesses Nearby

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

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - New construction combines a retail storefront with three apartments featuring private outdoor space.
Where is this mixed-use property located?
The property is located at 1703 W Chicago Ave Chicago, IL.
What are key features of this property?
This property features: 2,345‑square‑foot retail storefront with black‑iron capability; Three apartments, each occupying its own floor; Private outdoor space for every apartment
(312) 506-0200 Call to check price and availability
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