West Town Retail Space
For Lease
$27 SF/Yr
1823 W Chicago Ave, Chicago, IL 60622
Renovated retail space in high-traffic West Town location.
Space SizeContact for details
Days on Market502
Property Features for 1823 W Chicago Ave
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$12,023
Listing Agency:
Century 21 S.G.R., Inc.
(773) 575-2779
Listed By:
Myra Nimchaiyong · License #471018194
(773) 575-2779
Source:
Exprealty
Added: Apr 7, 2025
Changed: Aug 21
Last Checked: Aug 20 at 10:14AM
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 Century 21 S.G.R., Inc.
Investment Insights
Based on property information with market context.
This recently renovated commercial retail space is available for rent in the heart of West Town. The ground-floor unit offers 1,350 square feet of space featuring an open layout, high ceilings, and large storefront windows that provide natural light and visibility. The space is zoned B3-2. Updates include new flooring, lighting, HVAC, an ADA-compliant restroom, and a modernized facade. Located on Chicago Avenue, the property benefits from foot and vehicle traffic, strong neighborhood demographics, and proximity to public transit. The surrounding area includes restaurants, boutiques, and service businesses.
Key Highlights
- Prime location in the heart of West Town on a vibrant retail strip with high foot and vehicle traffic.
- Recently renovated with new flooring, lighting, HVAC, ADA restroom, and modernized facade.
- 1,350 SF ground‑floor unit with an open layout and high ceilings.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.05 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,021
Businesses Nearby
121k
Monthly Visits Nearby
Explore this area
Business Placement
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
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
This space is priced 4% above the average of $25.9 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Renovated retail space in high-traffic West Town location.
Where is this retail space located?
The property is located at 1823 W Chicago Ave Chicago, IL.
What is the lease rate?
The lease rate is $27 SF/Yr.
What are key features of this property?
This property features: Prime location in the heart of West Town on a vibrant retail strip with high foot and vehicle traffic.; Recently renovated with new flooring, lighting, HVAC, ADA restroom, and modernized facade.; 1,350 SF ground‑floor unit with an open layout and high ceilings.
