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Leased Corner Retail With Billboard
For Sale
Contact for pricing
Pending

2501 N Western Avenue, Chicago, IL 60647

Fully leased, two-tenant retail investment with a two-sided, on-premise billboard and strong corner visibility.

Property SizeContact for details
Lot Size0.30 Acres
Days on Market125

Property Features for 2501 N Western Avenue

General Information

Standard status Pending
Lot size 0.30 Acres
Property subtype Retail
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: @properties Christie's International Real Estate
Listed By: Susie Pearson · License #IL 475091463
Source: Crexi
Added: Apr 11 Changed: Aug 12 Last Checked: Aug 12 at 11:24AM

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 @properties Christie's International Real Estate

Investment Insights

Based on property information with market context.

The property is a fully leased, two-tenant retail investment offering corner exposure and an on-premise, two-sided billboard measuring 14' x 48'. The listing notes excellent visibility and signage for the site.

Located adjacent to Kennedy Expressway at Fullerton (2400 North), the property is positioned at a great corner for viewer access from the roadway.

The offering is for sale only. The owner, upon sale, can cancel one of the tenant leases, and details on existing leases and terms are available by calling the owner. The listing also states that the sign and the property can be purchased separately.

Key Highlights

  • Fully leased, 2‑tenant retail investment property
  • Kennedy Expressway exposure with a 2‑sided on‑premise 14' x 48' billboard
  • 2‑sided billboard provides on‑premise visibility and signage

Property Analytics

Current Use

CASA MATEO / LA ... Restaurant El Cantante Restaurant Wons Auto Werks Auto Repair Shop Midway Overhead Door ... Hardware & Home Improvement Valvoline Instant Oil ... Auto Repair Shop

Suggested Use

Top Pick Accounting Firm HVAC Service (Bike/Boat/Book/etc) Store Butcher Mobile Phone Store 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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,446
Businesses Nearby
503k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 38% Dining 22% Home Improvements & Furnishings 18% Shops & Services 9%
Target Superstores
190,856 visits/mo 0.2 miles
Regal City North Leisure
43,577 visits/mo 0.2 miles
HomeGoods Home Improvements & Furnishings
42,023 visits/mo 0.3 miles
The Home Depot Home Improvements & Furnishings
36,403 visits/mo 0.3 miles
Starbucks Dining
21,992 visits/mo 0.3 miles

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Fully leased, two-tenant retail investment with a two-sided, on-premise billboard and strong corner visibility.
Where is this retail space located?
The property is located at 2501 N Western Avenue Chicago, IL.
What are key features of this property?
This property features: Fully leased, 2‑tenant retail investment property; Kennedy Expressway exposure with a 2‑sided on‑premise 14' x 48' billboard; 2‑sided billboard provides on‑premise visibility and signage
More about this property
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