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Multi-Level Retail Building
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3242 W Bryn Mawr Ave, Chicago, IL 60659

Street-level retail includes main floor, plus additional second-floor and basement space.

Property SizeContact for details
Days on Market125

Property Features for 3242 W Bryn Mawr Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: Athan Arvanitis
Listed By: Athanasios Arvanitis · License #IL 471.004637
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 7:46AM

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 Athan Arvanitis

Investment Insights

Based on property information with market context.

This multi-level retail building at 3242 W Bryn Mawr Ave offers street-level main floor retail space, along with additional second-floor and basement space for expanded leasable area. The property is currently zoned B1-2, with B1-3 described as highly feasible. It is also noted as being part of the Lawrence/Kedzie TIF (407-acre), which is scheduled to expire in 2024.

Located on a mixed-use business street in Chicago’s North Park area, the property is positioned two blocks east of Northside College Prep and Northeastern Illinois University (NEIU). The surrounding area is described as densely populated, with 46,037 people within a 1-mile radius and 425,898 within 3 miles.

The layout supports a street-facing retail presence on the main level, with supplementary space on the second floor and in the basement.

Key Highlights

  • Street‑level retail space with 3,100 SF on the main floor plus 1,000 SF on the 2nd floor and 500 SF in the basement
  • Currently zoned B1‑2 with B1‑3 identified as highly feasible
  • Includes part of the 407‑acre Lawrence/Kedzie TIF (expires in 2024)

Property Analytics

Current Use

BD Tailor Shop ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Discount Store Barber Shop Restaurant Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,781
Businesses Nearby

Demographics for 60659, IL

40,579
Population
14,748
Households
2.8
Avg Household Size
36
Median Age
40%
College-Educated
82%
High-School Grad
2.4 sq mi
ZIP Area
16,908
Density / Sq Mi
$70,033
Median Household Income
$40,493
Median Earnings
$1,391
Median Rent
$358,800
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
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Frequently Asked Questions

What type of property is this?
Retail space - Street-level retail includes main floor, plus additional second-floor and basement space.
Where is this retail space located?
The property is located at 3242 W Bryn Mawr Ave Chicago, IL.
What are key features of this property?
This property features: Street‑level retail space with 3,100 SF on the main floor plus 1,000 SF on the 2nd floor and 500 SF in the basement; Currently zoned B1‑2 with B1‑3 identified as highly feasible; Includes part of the 407‑acre Lawrence/Kedzie TIF (expires in 2024)
More about this property
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