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Mixed-Use Retail Lease
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4308-4312 S Calumet Ave, Chicago, IL 60653

Up to 4,741 SF of retail space is available in a building with 99 residential units above the first floor.

Property Size1,530 SF
Days on Market723

Property Features for 4308-4312 S Calumet Ave

General Information

Standard status Active
Size 1,530 SF
Property subtype RETAIL

Space & Availability

Floor 1
Space Use Retail

Amenities

next to 43rd (Green Line) CTA Station
Listing Agency: Canvas Real Estate
Listed By: Anthony Campagni · License #475211525
Source: Moodyscre
Added: Aug 8, 2024 Changed: Jul 29 Last Checked: Jul 30 at 2:42PM

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 Canvas Real Estate

Investment Insights

Based on property information with market context.

This mixed-use building offers up to 4,741 SF of retail space for lease, with residential units located above the first floor. The property is configured as 99 residential units over retail.

The retail portion is directly next to the 43rd (Green Line) CTA Station. In addition, Phase II is planned to add 80 residential units, scheduled to open in Fall 2024.

The listing includes a single retail leasing opportunity within a transit-adjacent mixed-use structure that combines street-level commercial space with above-floor residential density.

Key Highlights

  • Up to 4,741 SF retail space available for lease
  • Building has 99 residential units above the first floor retail
  • Directly next to 43rd (Green Line) CTA Station

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm HVAC Service Building Supply Kitchen & Bath Showroom Auto Parts Store Auto Repair 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,369
Businesses Nearby

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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Up to 4,741 SF of retail space is available in a building with 99 residential units above the first floor.
Where is this mixed-use property located?
The property is located at 4308-4312 S Calumet Ave Chicago, IL.
What are key features of this property?
This property features: Up to 4,741 SF retail space available for lease; Building has 99 residential units above the first floor retail; Directly next to 43rd (Green Line) CTA Station
(847) 651-8669 Call to check price and availability
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