Multi-Storefront Retail
For Lease
Contact for pricing
4650 S Indiana Ave, Chicago, IL 60653
Retail building with five storefronts, currently being remodeled, and space that can be divided for flexible leasing.
Property Size14,000 SF
Days on Market310
Property Features for 4650 S Indiana Ave
General Information
Standard status
Active
Size
14,000 SF
Property subtype
RETAIL
Zoning
B3-3
Lease Type
SF/yr
Space & Availability
Divisible
Yes
Space Use
Retail
Additional Details
Flexible Term
Yes
Highway Access
Yes
Amenities
onsite parking
Building Details
Building Size
14,000 SF
Tenancy
Multi
Listing Agency:
@Properties | Chicago (North)
(312) 838-8873
Listed By:
Dakota Nilson · License #475193738
(312) 838-8873
Source:
Moodyscre
Added: Sep 24, 2025
Changed: Jul 29
Last Checked: Jul 30 at 10:59AM
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 @Properties | Chicago (North)
Investment Insights
Based on property information with market context.
This retail building offers five storefronts and is currently being remodeled. The layout supports flexible leasing, with the ability to divide the space to fit different operating needs, and the existing leases include a grocery store and a daycare.
The property is located in Chicago’s Bronzeville neighborhood and provides access to major transportation options, including the CTA Green and Red Line. Multiple access points to the 90/94 interstate are also described in the materials, along with onsite parking for customer convenience.
The building is identified under zoning B3-3, which the listing notes as allowing a variety of uses. Plans for the property are centered on completing the remodeling to modern standards for new or expanding businesses.
The property is located in Chicago’s Bronzeville neighborhood and provides access to major transportation options, including the CTA Green and Red Line. Multiple access points to the 90/94 interstate are also described in the materials, along with onsite parking for customer convenience.
The building is identified under zoning B3-3, which the listing notes as allowing a variety of uses. Plans for the property are centered on completing the remodeling to modern standards for new or expanding businesses.
Key Highlights
- 14,000 SF retail building at 4650 S Indiana Ave with 5 storefronts
- Currently being remodeled; space can be divided for flexible leasing options
- B3‑3 zoning allows for a variety of uses
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,319
Businesses Nearby
23k
Monthly Visits Nearby
Explore this area
Business Placement
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
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
This space is priced 18% below the average of $25.71 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Retail space - Retail building with five storefronts, currently being remodeled, and space that can be divided for flexible leasing.
Where is this retail space located?
The property is located at 4650 S Indiana Ave Chicago, IL.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: 14,000 SF retail building at 4650 S Indiana Ave with 5 storefronts; Currently being remodeled; space can be divided for flexible leasing options; B3‑3 zoning allows for a variety of uses
