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Retail Storefront with Multiple Signage Options
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1964 W PETERSON Avenue, Chicago, IL 60660

COMMERCIAL - Chicago, IL

Space Size1,122 SF
Days on Market199

Property Features for 1964 W PETERSON Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning RTAIL
Directions PETERSON TO 1962. STRIP CENTER IS ON NORTH SIDE OF STREET
Subdivision CHI - West Ridge
Standard status Active

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 52642

Utilities

Utilities Water Available
Cooling system Central Air

Building Details

Year built 1982
Floors in Building 1
Number of units 1
Flooring type Vinyl, Carpet
Building materials Brick
Roof type Tar/Gravel
Listing Agency: Chicago Real Estate Resources
Listed By: Tuyen Nguyen · License #471006001
Added: Jan 26 Changed: Aug 4 Last Checked: Aug 13 at 12:06PM
MLS# 12548740

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 retail storefront in a neighborhood shopping center offers approximately 1,122 SF of space designed for strong street-level visibility. The unit features large storefront windows and multiple signage opportunities, including lighted sign boxes and exposure to the plaza’s prominent pylon sign. Interior finishes include fresh paint, with flooring of carpet and vinyl, and central air. The building is brick construction with a tar/gravel roof, originally built in 1982, and utilities include water available.

The property is located in West Rogers Park along a high-traffic corridor with approximately 25,300 vehicles per day. The center includes 16 on-site parking spaces and benefits from nearby Metra station access. The tenant mix includes Dunkin’, Subway, a kabob restaurant, a wireless provider, a liquor/convenience store, and an insurance agency.

A brand-new center facade is scheduled for completion this spring, supporting an updated curb presence.

Key Highlights

  • Approximately 25,300 vehicles per day along a high‑traffic corridor
  • Approximately 1,122 SF retail storefront with large storefront windows
  • Multiple signage opportunities with lighted sign boxes and plaza pylon sign

Property Analytics

Current Use

Peterson Plaza Department 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,559
Businesses Nearby
128k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 73% Dining 15% Shops & Services 12%
Target Superstores
94,243 visits/mo 0.3 miles
BP Shops & Services
11,612 visits/mo 0.1 miles
White Castle Dining
10,202 visits/mo 0.4 miles
Starbucks Dining
7,836 visits/mo 0.4 miles
Good Vets Shops & Services
3,252 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

Lease Benchmarks for Chicago, IL

$27.2 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
4,071 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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Similar Off Market Nearby

  • Flowerchild Floral Shop 5601 N Clark St, Chicago, IL 60660

Frequently Asked Questions

What type of property is this?
Storefront property - Retail storefront with large storefront windows, multiple signage options, and central air within a center that includes on-site parking.
Where is this storefront property located?
The property is located at 1964 W PETERSON Avenue Chicago, IL.
What are key features of this property?
This property features: Approximately 25,300 vehicles per day along a high‑traffic corridor; Approximately 1,122 SF retail storefront with large storefront windows; Multiple signage opportunities with lighted sign boxes and plaza pylon sign
More about this property
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