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Storefront Building with Redevelopment Potential
For Lease
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3021 North Cicero Avenue, Chicago, IL 60641

The offering combines an existing commercial building with adjoining land along Cicero Avenue.

Space Size17,000 SF
Lot Size0.65 Acres
Days on Market91

Property Features for 3021 North Cicero Avenue

General Information

Standard status Active
Size 17,000 SF
Net Rentable 17,000 SF
Lot size 0.65 Acres
Property subtype Retail

Space & Availability

Available Space 17,000 SF
Available Land 0.65 Acres
Contiguous Space 17,000 SF

Site & Location

Frontage 230 ft
Traffic Count 31,100 vehicles/day
Road Access Yes

Building Details

Buildings 1
Building Size 17,000 SF

Spaces For Lease

at 3021 North Cicero Avenue Contact us

17,000 SF Building for Lease or Redevelopment

Size
17,000 SF
Type
Retail
Availability
Available
17,000 SF Building for Lease or Redevelopment
Contact us
Listing Agency: CBRE | Chicago
Listed By: Sean McCourt
Source: Cbre
Added: Jun 2 Changed: Aug 30 Last Checked: Aug 31 at 2:15PM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

The property features a 17,000 SF storefront building on approximately 0.65 acres, with the site positioned for continued commercial use or redevelopment. More than 230 feet of frontage extends along Cicero Avenue, providing a substantial street presence for the existing improvements or a future configuration.

Cicero Avenue records 31,100 VPD, and the property is situated in Chicago’s Kelvyn Park neighborhood. The surrounding market includes dozens of national retailers, while more than 480,816 people are located within a 3-mile radius. The address is 3021 North Cicero Avenue, Chicago, IL 60641.

Key Highlights

  • 17,000 SF storefront building available for lease or redevelopment
  • Approximately 0.65 acres of land
  • Over 230 feet of frontage on Cicero Avenue

Property Analytics

Current Use

Floral Nail Spa Nail Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture (Bike/Boat/Book/etc) Store Catering Service 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

31,100 VPD
Traffic count
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,469
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$29.35 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
3,737 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
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Storefront property - The offering combines an existing commercial building with adjoining land along Cicero Avenue.
Where is this storefront property located?
The property is located at 3021 North Cicero Avenue Chicago, IL.
What are key features of this property?
This property features: 17,000 SF storefront building available for lease or redevelopment; Approximately 0.65 acres of land; Over 230 feet of frontage on Cicero Avenue
More about this property
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