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Grocery-Anchored Property in Chicago, IL
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4042 W Foster Avenue & 5240 N Pulaski Road, Chicago, IL 60630

Grocery-anchored property with national tenants in a high-income Chicago submarket.

Space Size1,125 SF
Property Size87,274 SF
Days on Market1238

Property Features for 4042 W Foster Avenue & 5240 N Pulaski Road

General Information

Standard status Active
Size 1,125 SF
Property subtype Retail

Building Details

Building Size 87,274 SF
Tenancy Multiple

Spaces For Lease

at 4042 W Foster Avenue & 5240 N Pulaski Road Contact us

D

Size
1,125 SF
Type
Retail
Availability
Active
Contact us

E

Size
1,125 SF
Type
Retail
Availability
Active
Contact us

K

Size
1,125 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Sterling Organization
Listed By: Luke Sementa · License #FLBO
Source: Crexi
Added: Apr 6, 2023 Changed: Aug 12 Last Checked: Aug 23 at 4:29PM

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 Sterling Organization

Investment Insights

Based on property information with market context.

This commercial property, North Mayfair Commons, is located in Chicago, Illinois. Anchored by Jewel Osco, the property also features national and regional tenants, including H&R Block and FedEx Office. Situated in a Chicago submarket, the location benefits from a dense population of approximately 379,000 residents within a 3-mile radius, with an average household income exceeding $108,000.

Key Highlights

  • Anchored by Jewel Osco, a major grocery store, this property offers a stable tenant base.
  • Located in a densely populated Chicago submarket with approximately 379,000 residents within a 3‑mile radius.
  • High average household income of over $108,000 within a 3‑mile radius.

Property Analytics

Current Use

RLM Studio Hotel & Motel T&W Solutions LLC Take-out & Catering

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Skin Care Clinic Nursing Home Bed & Breakfast Fish Market

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

1,899
Businesses Nearby
73k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 64% Shops & Services 36%
McDonald's Dining
28,693 visits/mo 0.5 miles
Wendy's Dining
15,143 visits/mo 0.4 miles
BP Shops & Services
13,204 visits/mo 0.3 miles
7-Eleven Shops & Services
8,070 visits/mo 0.4 miles
AutoZone Shops & Services
5,043 visits/mo 0.4 miles

Demographics for 60630, IL

54,064
Population
23,393
Households
2.3
Avg Household Size
40
Median Age
44%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
11,503
Density / Sq Mi
$97,134
Median Household Income
$54,576
Median Earnings
$1,357
Median Rent
$362,900
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$21.4 /SF/Yr
Avg Asking Price
$12–$30 /SF/Yr
Price Range
26,409 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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Grocery-anchored property with national tenants in a high-income Chicago submarket.
Where is this shopping center located?
The property is located at 4042 W Foster Avenue & 5240 N Pulaski Road Chicago, IL.
What are key features of this property?
This property features: Anchored by Jewel Osco, a major grocery store, this property offers a stable tenant base.; Located in a densely populated Chicago submarket with approximately 379,000 residents within a 3‑mile radius.; High average household income of over $108,000 within a 3‑mile radius.
More about this property
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