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Renovated Ground-Floor Storefront
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For Lease
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1823 W Chicago Avenue, Chicago, IL 60622

Commercial Lease, Chicago, IL

Space Size1,350 SF
Days on Market3

Property Features for 1823 W Chicago Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning COMMR
Directions Chicago Avenue just west of Damen Avenue
Subdivision CHI - West Town
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13275

Utilities

Cooling system Central Air

Amenities

open layout
high ceilings
large storefront windows
new flooring
lighting
HVAC
ADA restroom
modernized facade
close proximity to public transit

Building Details

Year built 1917
Floors in Building 2
Flooring type Wood, Vinyl
Building materials Brick
Listing Agency: Compass
Listed By: Myra Nimchaiyong · License #471018194
Added: Sep 10 Changed: Sep 11 Last Checked: Sep 12 at 5:06PM
MLS# 12756607

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.

This 1,350 SF ground-floor storefront offers an open interior with high ceilings and large windows facing Chicago Avenue. Recent improvements include new flooring, updated lighting, central HVAC, an ADA restroom, and a refreshed facade. Wood and vinyl flooring are included, and the building was constructed with brick in 1917.

The property sits on Chicago Avenue in West Town, along a retail corridor with restaurants, boutiques, and service businesses. Public transit is nearby, and the surrounding area experiences both pedestrian and vehicle activity. The space is available for lease and provides a street-level format for retail or other commercial use supported by its storefront configuration.

Key Highlights

  • 1,350 SF ground‑floor retail space
  • Open layout with high ceilings
  • Large storefront windows along Chicago Avenue

Property Analytics

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Open Analytics

Current Use

Dr. Hector O. ... Pediatrician

Suggested Use

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

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

5,021
Businesses Nearby
121k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 36% Dining 35% Shops & Services 28% Electronics 1%
Mariano's Groceries
43,456 visits/mo 0.3 miles
McDonald's Dining
38,181 visits/mo 0.3 miles
Shell Shops & Services
7,577 visits/mo 0.4 miles
Family Dollar Shops & Services
7,249 visits/mo 0.3 miles
Marathon Petroleum Shops & Services
5,596 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$26.73 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
3,788 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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  • The Flower Hustler 2000 W Carroll Ave, Chicago, IL 60612

Frequently Asked Questions

What type of property is this?
Storefront property - Open retail space with updated finishes, central air, high ceilings, and prominent street-facing windows.
Where is this storefront property located?
The property is located at 1823 W Chicago Avenue Chicago, IL.
What are key features of this property?
This property features: 1,350 SF ground‑floor retail space; Open layout with high ceilings; Large storefront windows along Chicago Avenue
More about this property
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