Building Details

Building Size 14,000 SF

Tenancy Multi

Spaces For Lease

at 4650 S Indiana Ave Contact us

4650 S Indiana Ave $21/SF/Yr

Floor

1

Size

14,000 SF

Type

RETAIL

Availability

AVAILABLE, Now

Sublease

No

- Welcome to a fantastic opportunity to own or lease a commercial retail space in... the vibrant Bronzeville neighborhood of Chicago. This spacious 14,000 square foot retail building, located at 4650 S Indiana Ave, boasts 5 storefronts and is currently being remodeled to meet the modern standards of today's businesses. The property offers flexible leasing options, with the ability to divide the space. The zoning of B3-3 allows for a variety of uses. This retail space is perfectly situated for easy access to transportation options, including the CTA Green and Red Line, making it a convenient location for both customers and employees. The property also has multiple access points to the 90/94 interstate, making it easy for customers to reach your business from anywhere in the city. Onsite parking is available, making it easy for your customers to visit your store. The property's high traffic location and great visibility make it an ideal location for new and existing businesses alike. Bronzeville is a vibrant community that has undergone a significant revitalization in recent years, with many new businesses and developments opening in the area. The neighborhood is known for its rich cultural history, beautiful architecture, and a thriving business community. Located just minutes from the Loop, Bronzeville is also home to many popular tourist destinations, including the DuSable Museum of African American History and the Illinois Institute of Technology. The neighborhood is also famous for its annual Bud Billiken Parade, which attracts more than one million attendees every year. In addition to its rich cultural history, Bronzeville is also home to the Bronzeville Lakefront development, a massive redevelopment project that will bring new parks, retail spaces, and residential units to the area. This exciting new development will further enhance the neighborhood's already thriving business community, making it the perfect location for your business to grow and succeed. Don't miss out on this excellent opportunity to lease a prime retail space in one of Chicago's most vibrant neighborhoods. There are two leases in place currently, Grocery store & a Daycare. Contact us today to schedule a viewing and take the first step towards your new business location.

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Contact us

Listing Agency: @Properties | Chicago (North) Show Phone

Listed By: Dakota Nilson · License #IL475193738 Show Phone

Source: Moodyscre

Added: Sep 24, 2025 Changed: Sep 9 Last Checked: Sep 14 at 11:35AM

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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.

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

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Current Use

Retail space

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.

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

1,544

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 0.2 miles

Citgo Shops & Services

7,883 visits/mo 0.5 miles

Boost Mobile Electronics

2,303 visits/mo 0.1 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

$26.47 /SF/Yr

Avg Asking Price

$8–$133 /SF/Yr

Price Range

8,902 SF

Avg Space Size

This space is priced 21% below the average of $26.47 /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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

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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