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Bronzeville Retail Building For Sale
For Sale
$2,000,000

4650 S Indiana Avenue, Chicago, IL 60653

14,000 sq ft retail building in Chicago's Bronzeville neighborhood.

Property Size14,000 SF
Price / SF$142.86
Days on Market103

Property Features for 4650 S Indiana Avenue

General Information

Standard status Active
Size 14,000 SF
Property subtype Commercial

Building Details

Year Built 1948
Listing Agency: BAIRD & WARNER
Listed By: SOOJI HILL · License #475194119
Source: Corcoran
Added: Apr 21 Changed: Jul 10 Last Checked: Jul 16 at 3:17AM

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 BAIRD & WARNER

Investment Insights

Based on property information with market context.

This 14,000 sq ft commercial retail building is located in Chicago's Bronzeville neighborhood. The property at 4650 S Indiana Ave features five separate storefronts. It benefits from B3-3 zoning, allowing for a wide range of retail, service, or mixed-use possibilities. The location offers convenient access to the CTA Green Line and Red Line, along with multiple entrances to the I-90/94 expressway. The property also includes onsite parking and sits in a high-traffic area with excellent street visibility, ideal for attracting steady foot and drive-by traffic.

Key Highlights

  • High‑visibility location in Chicago's Bronzeville neighborhood, ideal for attracting foot and drive‑by traffic.
  • Spacious 14,000 sq ft commercial retail building with five separate storefronts.
  • Flexible B3‑3 zoning allows for a wide range of retail, service, or mixed‑use possibilities.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Building Supply Auto Parts Store Carpet & Flooring Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,319
Businesses Nearby
23k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 90% Electronics 10%
BP Shops & Services
12,427 visits/mo 0.4 miles
Citgo Shops & Services
7,883 visits/mo 0.2 miles
Boost Mobile Electronics
2,303 visits/mo 0.4 miles

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 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - 14,000 sq ft retail building in Chicago's Bronzeville neighborhood.
Where is this storefront property located?
The property is located at 4650 S Indiana Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: High‑visibility location in Chicago's Bronzeville neighborhood, ideal for attracting foot and drive‑by traffic.; Spacious 14,000 sq ft commercial retail building with five separate storefronts.; Flexible B3‑3 zoning allows for a wide range of retail, service, or mixed‑use possibilities.
More about this property
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