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Corner Retail Space with Floor-to-Ceiling Windows

2854 W Chicago Avenue #1, Chicago, IL 60622

For Lease
New
$26 SF/Yr

Open-plan space in a new development offers flexible plumbing and available tenant parking.

Space Size2,500 SF
Days on Market7

Property Features for 2854 W Chicago Avenue #1

General Information

Standard status Active
Size 2,500 SF
Net Rentable 2,500 SF
Property subtype Commercial

Space & Availability

Available Space 2,500 SF
Contiguous Space 2,500 SF

Site & Location

Neighborhood Humboldt Park
Corner Location Yes
Utilities to Site Yes

Amenities

floor-to-ceiling windows
street-facing doors
open-concept floor plan
flexible plumbing options
existing utilities
available tenant parking
convenient public transportation
Central air
Central Air Cooling

Building Details

Year Built 2026
Listing Agency: BAIRD & WARNER
Listed By: MARTA NAKONECHNY-DRUK
Source: Corcoran
Added: Nov 3 Changed: Nov 8 Last Checked: Nov 8 at 4:58AM

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 BAIRD & WARNER

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This approximately 2,500-square-foot retail space occupies a corner position in a development completed in 2026. Floor-to-ceiling windows and street-facing doors bring natural light into the open-plan interior. The space can be delivered unfinished, with plumbing options that support varied layouts. Existing utilities are in place, and tenant parking is available.

The property is at Chicago Avenue and Grand Avenue in Chicago, within a commercial corridor that includes retail shops, bars, restaurants, and neighborhood businesses. Public transportation is available nearby, and the surrounding area has a substantial residential presence.

Key Highlights

  • Approximately 2,500 square feet of open‑plan retail space
  • Corner location at Chicago Avenue and Grand Avenue
  • Floor‑to‑ceiling windows and street‑facing doors

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Accounting Firm Law Firm (Bike/Boat/Book/etc) Store Home Appliance Store Nursing Home HVAC Service

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,014
Businesses Nearby
63k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 46% Shops & Services 29% Electronics 16% Apparel 10%
Popeyes Louisiana Kitchen Dining
15,239 visits/mo 0.5 miles
BP Shops & Services
7,861 visits/mo 0.4 miles
Dunkin' Donuts Dining
6,621 visits/mo 0.5 miles
Chase Bank Shops & Services
6,150 visits/mo 0.5 miles
Cricket Wireless Authorized Retailer Electronics
5,530 visits/mo 0.5 miles

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$24.76 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,755 SF
Avg Space Size

This space is priced 5% above the average of $24.76 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Chicago, IL

$25.69 Jul
$27.1 Aug
$26.09 Sep
$24.57 Oct

Properties on Market for Retail space in Chicago

Jul
Aug
Sep
Oct

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 - Open-plan space in a new development offers flexible plumbing and available tenant parking.
Where is this retail space located?
The property is located at 2854 W Chicago Avenue #1 Chicago, IL.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Approximately 2,500 square feet of open‑plan retail space; Corner location at Chicago Avenue and Grand Avenue; Floor‑to‑ceiling windows and street‑facing doors
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