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Retail Space Next to CTA Green Line
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4308-4312 S Calumet Ave, Chicago, IL 60653

Retail space with 99 residential units above the first floor and direct access to the CTA Green Line at 43rd.

Property Size2,030 SF
Days on Market200

Property Features for 4308-4312 S Calumet Ave

General Information

Standard status Active
Size 2,030 SF
Net Rentable 4,741 SF
Property subtype RETAIL

Space & Availability

Floor 1
Space Use Retail
Listing Agency: Canvas Real Estate
Listed By: Anthony Campagni · License #475211525
Source: Moodyscre
Added: Jan 12 Changed: Jul 30 Last Checked: Jul 30 at 10:27PM

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.

Retail space is available for lease at 4308-4312 S Calumet Ave, Chicago, IL 60653, with up to 4,741 SF available.

The property includes 99 residential units above the first-floor retail. It is directly next to the 43rd (Green Line) CTA Station, supporting strong transit connectivity for day-to-day foot traffic.

A Phase II expansion is planned with 80 additional residential units, scheduled to open in Fall 2024.

Key Highlights

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

Property Analytics

Current Use

Retail space

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

Lease Benchmarks for Chicago, IL

$25.71 /SF/Yr
Avg Asking Price
$0.92–$80 /SF/Yr
Price Range
4,887 SF
Avg Space Size

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?
Retail space - Retail space with 99 residential units above the first floor and direct access to the CTA Green Line at 43rd.
Where is this retail space 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 available for lease; 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
More about this property
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