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Retail Space With Full Basement
For Lease
$38 SF/Yr NNN

3951 N Broadway, Chicago, IL 60613

NNN retail space with exclusive basement access in a neighborhood strip center.

Space SizeContact for details
Days on Market18

Property Features for 3951 N Broadway

General Information

Standard status Active
Lease Type NNN

Site & Location

Anchor Co-Tenants H&R Block, Taco Maya, Dunkin'
Highway Access Yes

Additional Details

Space Use Retail

Amenities

exclusive access to a full basement

Building Details

Stories 1
Units 1
Tenancy Multi
Listing Agency: Strauss Realty Ltd
Listed By: Craig Wolf · License #475163046
Source: Cavanaghrealty
Added: Aug 3 Changed: Aug 14 Last Checked: Aug 19 at 2:37PM

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 Strauss Realty Ltd

Investment Insights

Based on property information with market context.

This retail space at 3951 N Broadway includes exclusive access to a full basement and is offered under an NNN lease. The storefront has signage and fronts Broadway within a neighborhood strip center.

Established co-tenants include H&R Block, Taco Maya, and Dunkin'. The property is located approximately a quarter mile from Lake Shore Drive and is identified as being within the Lake View area of Chicago. The surrounding context includes a dense residential population and strong household incomes.

Key Highlights

  • Exclusive access to a full basement
  • NNN lease structure
  • Broadway frontage with dedicated signage

Property Analytics

Current Use

GameStop Arcade & Gaming Center

Suggested Use

Top Pick Law Firm Electrical Service Auto Parts Store Auto Repair Shop Daycare Center Barber Shop

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
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,266
Businesses Nearby
176k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 53% Groceries 30% Dining 12% Home Improvements & Furnishings 3%
Jewel-Osco Groceries
36,425 visits/mo 0.5 miles
BP Shops & Services
32,347 visits/mo 0.1 miles
Shell Shops & Services
21,286 visits/mo 0.4 miles
Whole Foods Market Groceries
16,040 visits/mo 0.3 miles
IHOP Dining
9,451 visits/mo 0.2 miles

Demographics for 60613, IL

53,048
Population
31,263
Households
1.7
Avg Household Size
34
Median Age
75%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
23,064
Density / Sq Mi
$91,351
Median Household Income
$68,713
Median Earnings
$1,616
Median Rent
$397,800
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.9 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,190 SF
Avg Space Size

This space is priced 47% above the average of $25.9 /SF/Yr.

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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Frequently Asked Questions

What type of property is this?
Retail space - NNN retail space with exclusive basement access in a neighborhood strip center.
Where is this retail space located?
The property is located at 3951 N Broadway Chicago, IL.
What is the lease rate?
The lease rate is $38 SF/Yr.
What are key features of this property?
This property features: Exclusive access to a full basement; NNN lease structure; Broadway frontage with dedicated signage
More about this property
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