Prime Retail Space on
For Lease
$11 SF/Yr
2918 W 63rd Street, Chicago, IL 60629
1,900 sq ft commercial space on busy 63rd Street.
Property Size1,900 SF
Days on Market255
Property Features for 2918 W 63rd Street
General Information
Standard status
Active
Size
1,900 SF
Property subtype
Commercial
Building Details
Year Built
1929
Listing Agency:
BAIRD & WARNER
(708) 697-5900
Listed By:
JEREMIE BUCKLEY
Source:
Corcoran
Added: Nov 17, 2025
Changed: Jul 6
Last Checked: Jul 30 at 9:16AM
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
Investment Insights
Based on property information with market context.
This 1,900 sq. ft. commercial storefront is available for lease on 63rd Street in Chicago. The property benefits from outstanding visibility, heavy foot traffic, and consistent vehicle exposure. The layout includes a waiting/reception area, two restrooms, and an open floor plan. A shared basement space is available for storage. The tenant contributes $60.00 per month toward the water bill, subject to quarterly review and adjustment, and also pays for electric and gas. The zoning is suitable for commercial/retail use. The location is on the South Side, surrounded by established neighborhood businesses, with great visibility and signage potential. The flexible floor plan is ready for build-out or immediate occupancy. Lease terms are for 2 years or more, and availability is immediate. The lease type is modified gross, with the tenant paying partial utilities. The space was previously used as a nail salon, and the existing plumbing and layout may benefit similar uses.
Key Highlights
- High‑traffic location on 63rd Street with excellent visibility.
- Adaptable 1,900 sq. ft. open floor plan.
- Immediate availability for build‑out or occupancy.
Property Analytics
Property Profile
Current Use
Lease Details
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
1,229
Businesses Nearby
Explore this area
Business Placement
Demographics for 60629, IL
114,453
Population
36,283
Households
3.2
Avg Household Size
33
Median Age
14%
College-Educated
74%
High-School Grad
7.0 sq mi
ZIP Area
16,350
Density / Sq Mi
$58,813
Median Household Income
$34,635
Median Earnings
$1,106
Median Rent
$236,300
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$25.71 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
4,887 SF
Avg Space Size
This space is priced 57% below the average of $25.71 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Retail space - 1,900 sq ft commercial space on busy 63rd Street.
Where is this retail space located?
The property is located at 2918 W 63rd Street Chicago, IL.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: High‑traffic location on 63rd Street with excellent visibility.; Adaptable 1,900 sq. ft. open floor plan.; Immediate availability for build‑out or occupancy.