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Former Supermarket Retail Space Available
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344 East 63rd Street, Chicago, IL 60637

16,290 SF retail space with NNN lease income.

Property Size16,290 SF
Lot Size0.76 Acres
Days on Market116

Property Features for 344 East 63rd Street

General Information

Standard status Active
Size 16,290 SF
Lot size 0.76 Acres
Property subtype Retail
Listing Agency:
Listed By: Karen Kulczycki, CCIM, SIOR · License #IL #471020279
Source: Svnchicago
Added: Apr 9 Changed: Jul 10 Last Checked: Aug 1 at 3:44AM

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 Karen Kulczycki, CCIM, SIOR

Investment Insights

Based on property information with market context.

This is a 16,290 square foot retail property, formerly a Save-a-Lot Supermarket, located in Chicago, Illinois. Situated on 0.76 acres, the free-standing building has NNN lease income through February 2027. The property features a 12'x14' exterior drive-in door and 35 surface parking spaces. It has frontage on E. 63rd Street and S. Calumet Ave. The location is near the Green Line 'el' station and less than 1.5 miles from the I-94/I-90 interchange. It is across the street from Dulles Elementary School and the Norfolk Southern Intermodal Yard, and approximately 1.5 miles from the University of Chicago campus. The property is located within an EZRC & SBA HubZone, offering potential incentives.

Key Highlights

  • 16,290 SF free‑standing retail space.
  • NNN lease income through February 2027.
  • Located steps from the Green Line 'el' station.

Property Analytics

Current Use

Amazon Hub Locker ... Postal Service

Suggested Use

Top Pick Kitchen & Bath Showroom Law Firm Computer & Electronic Repair Bakery (Bike/Boat/Book/etc) Store Carpet & Flooring 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

815
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
AutoZone Shops & Services
4,607 visits/mo 0.1 miles

Demographics for 60637, IL

53,555
Population
26,717
Households
2
Avg Household Size
31
Median Age
37%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
11,901
Density / Sq Mi
$42,080
Median Household Income
$33,227
Median Earnings
$1,170
Median Rent
$243,700
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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Similar Off Market Nearby

  • Parkway Supermarket — 6435 S King Dr, Chicago, IL 60637
  • Jewel-Osco — 6014 S Cottage Grove Ave, Chicago, IL 60637

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - 16,290 SF retail space with NNN lease income.
Where is this grocery and convenience store located?
The property is located at 344 East 63rd Street Chicago, IL.
What are key features of this property?
This property features: 16,290 SF free‑standing retail space.; NNN lease income through February 2027.; Located steps from the Green Line 'el' station.
More about this property
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