Chicago Retail Center For
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2037 N Clybourn Ave, Chicago, IL 60614
33,140 SF retail center in Chicago, 91.2% occupancy.
Property Size33,140 SF
Days on Market205
Property Features for 2037 N Clybourn Ave
General Information
Standard status
Active
Size
33,140 SF
Property subtype
Retail
Zoning
C1-2
Building Details
Year Built
1989
Listing Agency:
JLL Chicago | North Riverside Plaza
(312) 300-7291
Listed By:
Michael Nieder · License #IL475.189942
Source:
Crexi
Added: Jan 28
Changed: Aug 8
Last Checked: Jul 17 at 12:42PM
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 JLL Chicago | North Riverside Plaza
Investment Insights
Based on property information with market context.
The property at 2029-2073 N Clybourn Avenue, Chicago, IL is a retail center offering a gross leasable area of 33,140 square feet. Constructed in 1989, the property includes 86 parking spaces and consists of 13 suites. The property is currently 91.2% occupied, with a weighted average lease term (WALT) of 5.8 years. The Year 1 Net Operating Income (NOI) is approximately $1,170,000, with a 5-Year Compound Annual Growth Rate (CAGR) of 6.2%.
Key Highlights
- High Occupancy Rate: 91.2% occupancy indicates strong tenant demand and consistent income
- Substantial Net Operating Income (NOI): Year 1 NOI of +\/- $1,170,000 demonstrates significant profitability
- Attractive WALT: 5.8 Years Weighted Average Lease Term provides stable, predictable cash flow
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,126
Businesses Nearby
245k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Shops & Services 27%
Groceries 18%
Leisure 10%
Regal Cinemas Webster Place 11
Leisure
24,445 visits/mo
0.3 miles
Binny's Beverage Depot
Groceries
23,400 visits/mo
0.5 miles
Trader Joe's
Groceries
21,663 visits/mo
0.4 miles
Taco Bell
Dining
15,053 visits/mo
0.3 miles
Burger King
Dining
11,952 visits/mo
0.4 miles
Demographics for 60614, IL
73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
Median Home Value
Market
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Shopping center - 33,140 SF retail center in Chicago, 91.2% occupancy.
Where is this shopping center located?
The property is located at 2037 N Clybourn Ave Chicago, IL.
What are key features of this property?
This property features: High Occupancy Rate: 91.2% occupancy indicates strong tenant demand and consistent income; Substantial Net Operating Income (NOI): Year 1 NOI of +\/- $1,170,000 demonstrates significant profitability; Attractive WALT: 5.8 Years Weighted Average Lease Term provides stable, predictable cash flow
