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Built-Out Retail Space
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1905 W Foster Avenue, Chicago, IL 60640

Commercial Lease, Chicago, IL

Space Size840 SF
Days on Market42

Property Features for 1905 W Foster Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Directions Continue onto S DuSable Lake Shore Dr/N Jean Baptiste Pointe du Sable Lake Shore Dr/Lake Shore Dr Take the Foster Av exit
Subdivision CHI - Lincoln Square
Standard status Active
APN 14074010080000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 26073

Utilities

Cooling system Central Air

Building Details

Year built 1917
Floors in Building 2
Listing Agency: Keller Williams ONEChicago · Keller Williams Realty
Listed By: Anthony Hardy · License #475139834
Added: Jul 23 Changed: Aug 19 Last Checked: Sep 2 at 7:06AM
MLS# 12714426

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 840-square-foot retail space provides a fully finished commercial interior with a practical footprint for a small operator. The suite has been renovated, includes central air, and is available for immediate occupancy. Its configuration can support retail, office, professional service, wellness, personal service, or appointment-based uses, subject to applicable zoning and licensing requirements.

The property sits along the Foster Avenue corridor in Chicago’s Lincoln Square area, within a surrounding mix of residential neighborhoods, independent businesses, restaurants, retailers, and service providers. CTA #92 Foster and #50 Damen bus routes serve the area, with additional access to the CTA Brown Line and Metra UP-N Ravenswood station. The Foster and Winchester area has a reported Walk Score of 92.

Key Highlights

  • 840 rentable square feet of commercial space
  • Fully built out interior with immediate availability
  • Recently renovated and maintained in excellent condition

Property Analytics

Current Use

Cafe Libra Cafe & Coffee Shop

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Home Appliance Store Building Supply Arcade & Gaming Center Fish 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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,952
Businesses Nearby

Demographics for 60640, IL

65,941
Population
40,850
Households
1.6
Avg Household Size
38
Median Age
63%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
27,475
Density / Sq Mi
$71,030
Median Household Income
$59,264
Median Earnings
$1,374
Median Rent
$363,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$27.62 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,516 SF
Avg Space Size

This space is priced 13% below the average of $27.62 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Renovated suite with central air offers a compact footprint for neighborhood-serving commercial use.
Where is this retail space located?
The property is located at 1905 W Foster Avenue Chicago, IL.
What are key features of this property?
This property features: 840 rentable square feet of commercial space; Fully built out interior with immediate availability; Recently renovated and maintained in excellent condition
More about this property
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