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Grocery and Convenience Retail Property
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3850 S Indiana Ave, Chicago, IL 60653

Multi-suite retail configuration includes an established liquor-store anchor and additional back-of-house space.

Property Size16,115 SF
Days on Market143

Property Features for 3850 S Indiana Ave

General Information

Standard status Active
Size 16,115 SF
Property subtype Retail

Additional Details

Opportunity Zone Yes
Anchor Co-Tenants Rothschild Liquor Store

Building Details

Tenancy Multi
Listing Agency: KW Commercial Chicago - Lincoln Park
Listed By: Tony Hardy · License #IL 475.139834
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 1:48AM

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 KW Commercial Chicago - Lincoln Park

Investment Insights

Based on property information with market context.

Located at 3850 S Indiana Ave in Chicago’s Bronzeville neighborhood, this Class B retail property contains 16,115 square feet of total GLA. The layout includes retail areas of 4,914 square feet, 2,915 square feet, and 2,886 square feet, along with 5,400 square feet of additional space behind Rothschild Liquors.

Rothschild Liquor Store has operated at the property for over two decades, providing an established retail presence. The property is within an Opportunity Zone and Zone 2 of an Enterprise Zone. Its Chicago location offers access to public transportation, major roadways, and surrounding amenities.

Key Highlights

  • 16,115‑square‑foot total GLA at 3850 S Indiana Ave, Chicago, IL 60653
  • Retail areas measure 4,914 square feet, 2,915 square feet, and 2,886 square feet
  • Includes 5,400 square feet of additional space behind Rothschild Liquors

Property Analytics

Current Use

Black Alphabet NFP Charitable Organization Velocitee Design Production Facility

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Repair Shop Law Firm Big Box & Wholesale Store Auto Parts 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,138
Businesses Nearby
104k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 55% Shops & Services 41% Dining 3%
Mariano's Groceries
57,390 visits/mo 0.4 miles
BP Shops & Services
15,665 visits/mo 0.4 miles
Mobil Shops & Services
13,876 visits/mo 0.5 miles
Dollar General Shops & Services
13,526 visits/mo 0.5 miles
JJ Fish & Chicken Dining
3,600 visits/mo 0.5 miles

Demographics for 60653, IL

33,146
Population
18,279
Households
1.8
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
2.4 sq mi
ZIP Area
13,811
Density / Sq Mi
$39,565
Median Household Income
$49,335
Median Earnings
$856
Median Rent
$347,800
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
Rey
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Similar Off Market Nearby

  • Jewel-Osco 443 E 34th St, Chicago, IL 60616

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Multi-suite retail configuration includes an established liquor-store anchor and additional back-of-house space.
Where is this grocery and convenience store located?
The property is located at 3850 S Indiana Ave Chicago, IL.
What are key features of this property?
This property features: 16,115‑square‑foot total GLA at 3850 S Indiana Ave, Chicago, IL 60653; Retail areas measure 4,914 square feet, 2,915 square feet, and 2,886 square feet; Includes 5,400 square feet of additional space behind Rothschild Liquors
(773) 946-8816 Call to check price and availability
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