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High-Traffic Corner Retail Opportunity
For Lease
$9 SF/Yr

4301 W Grand Avenue, Chicago, IL 60651

Retail/office space in enterprise and opportunity zone.

Space SizeContact for details
Lot Size0.18 Acres
Days on Market180

Property Features for 4301 W Grand Avenue

General Information

Standard status Active
Lot size 0.18 Acres
Property subtype Commercial

Amenities

Central air
Central Air Cooling
Central Individual Cooling
Reflective Coating Roof
Rubber Roof

Building Details

Year Built 1925
Listing Agency: CENTURY 21 CIRCLE
Listed By: MARK AHMAD · License #471007186
Source: Corcoran
Added: Feb 23 Changed: Aug 21 Last Checked: Aug 21 at 9:08AM

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 CENTURY 21 CIRCLE

Investment Insights

Based on property information with market context.

Located at the intersection of North Avenue, Grand Avenue, and Kostner Avenue, this property benefits from heavy pedestrian and vehicle traffic. Situated within the City of Chicago enterprise zone and TIF, as well as a Federal opportunity zone, the location offers potential access to incentives and grants. The property is suitable for various uses, including storage, office space, daycare facilities, clinical offices, and a neighborhood or community center. It features two closed garage doors on Kildare Avenue with a curb-cut and access through the alley. Neighboring businesses include Menard, McDonalds, Burlington, Dollar Tree, and Aldi, along with numerous other retailers. Recent improvements include a new roof. The property is within walking distance of public transportation and provides easy access to major roads and interstates.

Key Highlights

  • High‑traffic corner location at the intersection of North, Grand, and Kostner Avenues.
  • Located within City of Chicago enterprise zone/TIF and Federal opportunity zone, offering potential incentives and grants.
  • Suitable for multiple uses including storage, office, day care, clinical offices, and community center.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Acupuncture Carpet & Flooring Store (Bike/Boat/Book/etc) 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
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,563
Businesses Nearby
19k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
9,447 visits/mo 0.5 miles
Advance Auto Parts Shops & Services
4,983 visits/mo 0.4 miles
Cash America Pawn Shops & Services
3,947 visits/mo 0.5 miles
Extra Space Storage Shops & Services
584 visits/mo 0.4 miles

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
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 65% below 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 - Retail/office space in enterprise and opportunity zone.
Where is this retail space located?
The property is located at 4301 W Grand Avenue Chicago, IL.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: High‑traffic corner location at the intersection of North, Grand, and Kostner Avenues.; Located within City of Chicago enterprise zone/TIF and Federal opportunity zone, offering potential incentives and grants.; Suitable for multiple uses including storage, office, day care, clinical offices, and community center.
More about this property
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