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Retail Space with Flexible Tenant Mix
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1853 West Wellington Avenue, Chicago, IL 60657

Retail space totaling 6,150 square feet, positioned to serve a neighborhood mix of residents, diners, and visitors.

Property Size6,150 SF
Days on Market81

Property Features for 1853 West Wellington Avenue

General Information

Standard status Active
Size 6,150 SF
Property subtype Multifamily

Properties For Sale

at 1853 West Wellington Avenue Contact us

Available Space

Size
6,150 SF
Type
Multifamily
Availability
Available
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Listing Agency: CBRE | Chicago
Listed By: Dominic Soltero · License #475153308
Source: Cbre
Added: Jun 16 Changed: Sep 4 Last Checked: Sep 4 at 2:28AM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

This retail property at 1853 W Wellington Ave offers a total size of 6,150 square feet and is presented as a fit for a range of consumer-focused concepts. Based on the surrounding tenant environment described in the offering remarks, the asset is suited to retail, restaurant groups, and related uses that benefit from steady local and visitor activity.

Located in Chicago’s West Lakeview neighborhood, the area is characterized by a concentration of fine dining, casual bars, entertainment venues, and gyms, with a steady presence of hotels and tourists contributing to an active, live-work-play atmosphere. The property’s position within this mix supports tenants looking to draw customers from both the local resident base and neighborhood visitors.

For prospective tenants, this location aligns with operators seeking a retail storefront environment that can complement dining, hospitality, and entertainment-adjacent traffic patterns. The tenant profile suggested by the remarks—spanning retailers, restaurant groups, and hotel-driven visitation—may help inform concept fit for groups evaluating neighborhood demand for consumer experiences.

Key Highlights

  • Retail space totaling 6,150 SF
  • Year built: 1892
  • Located steps from 1853 West Wellington in West Lakeview

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Grocery & Convenience Store Food Market (Bike/Boat/Book/etc) Store Nursing Home Catering Service HVAC Service

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

3,345
Businesses Nearby
282k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 43% Shops & Services 23% Dining 20% Superstores 12%
Whole Foods Market Groceries
64,387 visits/mo 0.5 miles
Jewel-Osco Groceries
55,541 visits/mo 0.3 miles
McDonald's Dining
36,369 visits/mo 0.4 miles
Target Superstores
32,877 visits/mo 0.5 miles
Fifth Third Bank & ATM Shops & Services
15,951 visits/mo 0.3 miles

Demographics for 60657, IL

72,316
Population
42,246
Households
1.7
Avg Household Size
32
Median Age
87%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
32,871
Density / Sq Mi
$109,025
Median Household Income
$77,731
Median Earnings
$1,839
Median Rent
$534,500
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space totaling 6,150 square feet, positioned to serve a neighborhood mix of residents, diners, and visitors.
Where is this retail space located?
The property is located at 1853 West Wellington Avenue Chicago, IL.
What are key features of this property?
This property features: Retail space totaling 6,150 SF; Year built: 1892; Located steps from 1853 West Wellington in West Lakeview
More about this property
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