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Retail Space with Drive-Through
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For Lease
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2403 W Grace St, Chicago, IL 60618

Site plans accommodate a range of retail formats, including anchor-sized space and compact drive-through concepts.

Space Size20,000 SF
Days on Market3

Property Features for 2403 W Grace St

General Information

Standard status Active
Size 20,000 SF
Property subtype OFFICE

Site & Location

Traffic Count 30,600 vehicles/day
Road Access Yes

Additional Details

Space Use Drive-Through Restaurant

Spaces For Lease

at 2403 W Grace St
2403 W Grace St AVAILABLE, Now
Floor 1
Size 20,000 SF
Type OFFICE
Rate Contact for pricing
Sublease No
-Multiple site plans available including anchor space (20,000 SF) great for grocer, medical, childcare, and traditional retail -Small format drive-thru solutions for QSR and fast casual operators -Proximity to Lane Tech High School (4,500 Students) and -Bradley Place Entertainment Development (Climb Zone, -Fire Pitch, Goldfish Swim School, IK Gymnastics, and more) -Located on heavily traveled Western Avenue (30,600 VPD) two blocks north of Addison Street (21,000 VPD)
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Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Paul Bryant · License #471008163
Source: Moodyscre
Added: Oct 14 Changed: Oct 16 Last Checked: Oct 16 at 1:58PM

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 Mid-America Real Estate Group | Chicago

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Investment Insights

Based on property information with market context.

Retail site plans include an anchor configuration with 20,000 square feet, as well as smaller drive-through formats suited to quick-service and fast-casual operations. Other uses identified for the anchor plan include grocery, medical, childcare, and traditional retail.

The property is on Western Avenue, where traffic is reported at 30,600 vehicles per day, two blocks north of Addison Street, with 21,000 vehicles per day. Lane Tech High School, with 4,500 students, and Bradley Place’s entertainment and activity businesses are nearby.

Key Highlights

  • 20,000 SF anchor‑space plan
  • Smaller drive‑through formats for quick‑service and fast‑casual operators
  • Additional anchor‑plan uses include grocery, medical, childcare, and traditional retail

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Butcher Bed & Breakfast Restaurant Nursing Home

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

30,600 VPD
Traffic count
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,421
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$25.24 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,899 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

Frequently Asked Questions

What type of property is this?
Retail space - Site plans accommodate a range of retail formats, including anchor-sized space and compact drive-through concepts.
Where is this retail space located?
The property is located at 2403 W Grace St Chicago, IL.
What are key features of this property?
This property features: 20,000 SF anchor‑space plan; Smaller drive‑through formats for quick‑service and fast‑casual operators; Additional anchor‑plan uses include grocery, medical, childcare, and traditional retail
(630) 954-7354 Call to check price and availability
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