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Retail Storefront with Dedicated Parking
For Lease
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2542 W N Ave, Chicago, IL 60647

Retail storefront offering 14' ceiling height and two dedicated parking spaces.

Space Size8,000 SF
Days on Market1015

Property Features for 2542 W N Ave

General Information

Standard status Active
Size 8,000 SF
Total Parking Spaces 2
Property subtype RETAIL
Lease Type NNN

Additional Details

Clear Height 14 ft

Spaces For Lease

at 2542 W N Ave Contact us

2542 W North Ave $15/SF/Yr

Floor
1
Size
8,000 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Sale Price: $1,300,000 - Lease Price: $20 PSF, NNN - 14′ Ceiling height - 2...
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Listing Agency: SVN | Chicago - Corporate
Listed By: Paul R. Cawthon · License #475130924
Source: Moodyscre
Added: Dec 6, 2023 Changed: Sep 15 Last Checked: Sep 15 at 7:35AM

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 SVN | Chicago - Corporate

Investment Insights

Based on property information with market context.

This retail storefront property features a high 14' ceiling height and includes two dedicated parking spaces for customer convenience.

The asset is presented for rent. The lease structure is listed as $20 PSF on an NNN basis, and the sale price is also provided.

With approximately 8,000 square feet of space, the building offers a straightforward retail footprint suitable for a tenant looking for a storefront configuration.

Key Highlights

  • Retail storefront with 14' ceiling height
  • Lease rate of $20 PSF on an NNN basis
  • Includes 2 dedicated parking spaces

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store HVAC Service Building Supply Cafe & Coffee Shop (Bike/Boat/Book/etc) 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

14 ft
Clear height
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,712
Businesses Nearby
151k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 62% Dining 30% Home Improvements & Furnishings 4% Electronics 3%
Dollar Tree Shops & Services
21,431 visits/mo 0.3 miles
Chase Bank Shops & Services
16,483 visits/mo 0.4 miles
PNC Bank Shops & Services
10,614 visits/mo 0.4 miles
Wendy's Dining
10,230 visits/mo 0.3 miles
BP Shops & Services
9,224 visits/mo 0.4 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$27.22 /SF/Yr
Avg Asking Price
$11–$133 /SF/Yr
Price Range
3,744 SF
Avg Space Size

This space is priced 45% below the average of $27.22 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Storefront property - Retail storefront offering 14' ceiling height and two dedicated parking spaces.
Where is this storefront property located?
The property is located at 2542 W N Ave Chicago, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Retail storefront with 14' ceiling height; Lease rate of $20 PSF on an NNN basis; Includes 2 dedicated parking spaces
(630) 640-1001 Call to check price and availability
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