Listing Agency: CBRE - Chicago

Listed By: Michael Malen · License #475204873 Show Phone

Source: Cbre

Added: Apr 22 Changed: Aug 24 Last Checked: Sep 8 at 4:08AM

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Investment Insights

Based on property information with market context.

This corner retail space is positioned for strong visibility and serves a built-in residential component with 37 residential units above. The property is configured as street-level retail with the upper residential units directly over the storefront.

Key Highlights

• Corner retail location at Irving Park & Seeley
• Excellent visibility with 29,000 VPD
• Includes 37 residential units above

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Food Market Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Fish Market Auto Parts Store

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

37

Residential units

29,000 VPD

Traffic count

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

3,830

Businesses Nearby

Explore this area Business Placement

Demographics for 60618, IL

90,316

Population

41,053

Households

2.2

Avg Household Size

35

Median Age

55%

College-Educated

89%

High-School Grad

5.0 sq mi

ZIP Area

18,063

Density / Sq Mi

$101,558

Median Household Income

$60,263

Median Earnings

$1,534

Median Rent

$538,300

Median Home Value

Market

Lease Benchmarks for Chicago, IL

$26.1 /SF/Yr

Avg Asking Price

$8–$133 /SF/Yr

Price Range

8,322 SF

Avg Space Size

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Corner retail location with excellent visibility and 29,000 VPD, plus 37 residential units above.

Where is this retail space located?

The property is located at 2035 West Irving Park Road Chicago, IL.

What are key features of this property?

This property features: Corner retail location at Irving Park & Seeley; Excellent visibility with 29,000 VPD; Includes 37 residential units above