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Strip Mall with Window Frontage
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1962 West Peterson Avenue, Chicago, IL 60660

Contiguous commercial space offers flexible suite configurations, signage options, and dedicated parking.

Property Size3,304 SF
Days on Market145

Property Features for 1962 West Peterson Avenue

General Information

Standard status Active
Size 3,304 SF
Total Parking Spaces 16
Property subtype Retail

Site & Location

Pylon Signage Yes
Anchor Co-Tenants Dunkin' Donuts, Subway

Amenities

sign boxes

Building Details

Tenancy Single
Listing Agency: Coldwell Banker Commercial NRT Chicago
Listed By: Bruce Heller · License #IL
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 6:12PM

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 Coldwell Banker Commercial NRT Chicago

Investment Insights

Based on property information with market context.

This strip mall retail offering provides 3,304 contiguous square feet that can be configured into spaces of 840, 1,122, or 1,390 square feet. The available area features substantial window frontage along West Peterson Avenue, supporting storefront presentation and natural light. Sign boxes and a pylon sign are available for property identification and tenant signage.

The property includes a 16-car parking lot with 2 ADA spaces. Existing center occupants include Dunkin' Donuts, a cellular dealer, a liquor and convenience store, an insurance agency, and Subway. Located at 1962 West Peterson Avenue in Chicago, the property provides a multi-tenant retail setting with several established commercial users.

Key Highlights

  • 3,304 contiguous square feet available
  • Divisible into 840, 1,122, or 1,390 square feet
  • Window frontage along West Peterson Avenue

Property Analytics

Current Use

Mr. Kabab Grocery & Convenience Store

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Florist (Bike/Boat/Book/etc) Store Catering 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.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,779
Businesses Nearby
169k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 56% Shops & Services 23% Dining 21%
Target Superstores
94,243 visits/mo 0.2 miles
McDonald's Dining
17,391 visits/mo 0.4 miles
BP Shops & Services
11,612 visits/mo 0.1 miles
White Castle Dining
10,202 visits/mo 0.5 miles
Starbucks Dining
7,836 visits/mo 0.4 miles

Demographics for 60660, IL

42,534
Population
23,508
Households
1.8
Avg Household Size
38
Median Age
57%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
32,718
Density / Sq Mi
$66,206
Median Household Income
$46,871
Median Earnings
$1,286
Median Rent
$287,500
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?
Strip mall - Contiguous commercial space offers flexible suite configurations, signage options, and dedicated parking.
Where is this strip mall located?
The property is located at 1962 West Peterson Avenue Chicago, IL.
What are key features of this property?
This property features: 3,304 contiguous square feet available; Divisible into 840, 1,122, or 1,390 square feet; Window frontage along West Peterson Avenue
More about this property
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