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Diversey Avenue Retail Opportunity
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4045 W Diversey Ave, Chicago, IL 60639

Retail spaces and land for lease on Diversey Avenue.

Space Size1,730 SF - 13,939 SF
Days on Market657

Property Features for 4045 W Diversey Ave

General Information

Standard status Active
Size 1,730 SF - 13,939 SF
Property subtype Retail, Land
Lease Type NNN

Building Details

Tenancy Multiple

Spaces For Lease

at 4045 W Diversey Ave Contact us

4057

Size
1,730 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Outlot Parcel

Size
13,939 SF
Type
Land, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Brookline Real Estate
Listed By: Kelsey Gross · License #IL
Source: Crexi
Added: Nov 6, 2024 Changed: Aug 8 Last Checked: Aug 24 at 5:53PM

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 Brookline Real Estate

Investment Insights

Based on property information with market context.

This property features a hard corner outlot retail space positioned on Diversey Avenue in Logan Square. Inline units are available, facing both Diversey Avenue and Ross/Petco. An outlot parcel at the Diversey/Pulaski intersection is available for ground lease. The property includes frontage and monument signage directly on Diversey Avenue, along with a large parking lot. It is located across from Cermak Fresh Market on a high-traffic, urban business corridor, and is situated 4 blocks from the MD-N Metra line and 1 mile from I-90 access. The surrounding area is a high-income area densely populated with residential neighborhoods.

Key Highlights

  • High‑traffic location on Diversey Avenue in Logan Square.
  • Rare large parking lot for the area.
  • Frontage and monument signage directly on Diversey Ave.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Skin Care Clinic Nursing Home Catering Service (Bike/Boat/Book/etc) Store Home Appliance 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
$5.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,899
Businesses Nearby
105k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Apparel 34% Dining 15% Electronics 3%
Ross Dress for Less Apparel
35,863 visits/mo 0.0 miles
Petco Shops & Services
18,042 visits/mo 0.1 miles
Marathon Shops & Services
8,046 visits/mo 0.4 miles
7-Eleven Shops & Services
7,724 visits/mo 0.3 miles
Wingstop Dining
7,686 visits/mo 0.4 miles

Demographics for 60639, IL

89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.66 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,377 SF
Avg Space Size

This space is priced 52% above the average of $25.66 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail spaces and land for lease on Diversey Avenue.
Where is this retail space located?
The property is located at 4045 W Diversey Ave Chicago, IL.
What is the lease rate?
The lease rate is $39 SF/Yr.
What are key features of this property?
This property features: High‑traffic location on Diversey Avenue in Logan Square.; Rare large parking lot for the area.; Frontage and monument signage directly on Diversey Ave.
(630) 590-5910 Call to check price and availability
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