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5-Storefront Retail Building
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4650 S Indiana Ave, Chicago, IL 60653

A remodeled B3-3 retail building with flexible space options, onsite parking, and transit access near the CTA Green and Red Lines.

Property Size14,000 SF
Price / SF$142.86
Days on Market331

Property Features for 4650 S Indiana Ave

General Information

Standard status Active
Size 14,000 SF
Property subtype RETAIL
Zoning B3-3

Additional Details

Highway Access Yes

Amenities

onsite parking

Building Details

Buildings 1
Tenancy Multi
Listing Agency: @Properties | Chicago (North)
Listed By: Dakota Nilson · License #IL475193738
Source: Moodyscre
Added: Sep 24, 2025 Changed: Aug 17 Last Checked: Aug 20 at 12:39PM

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.

A remodeled 14,000-square-foot retail building with 5 storefronts, designed to support flexible leasing. The space can be divided to accommodate different tenant needs, with multiple storefronts for street-facing visibility.

The property is located at 4650 S Indiana Ave in Chicago’s Bronzeville neighborhood. It offers convenient transportation access with nearby CTA Green and Red Line options, and multiple access points to the I-90/94 interstate. Onsite parking is available for customer and employee convenience.

There are two leases in place currently, including a grocery store and a daycare, providing active commercial use within the building’s existing footprint. Zoning is B3-3, supporting a variety of uses for prospective tenants seeking a storefront location in a revitalized neighborhood setting.

Key Highlights

  • Remodeled 14,000 SF retail building with 5 storefronts
  • Space can be divided for flexible leasing
  • Zoned B3‑3, supporting a variety of uses

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.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,544
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 0.2 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

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
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Frequently Asked Questions

What type of property is this?
Storefront property - A remodeled B3-3 retail building with flexible space options, onsite parking, and transit access near the CTA Green and Red Lines.
Where is this storefront property located?
The property is located at 4650 S Indiana Ave 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: Remodeled 14,000 SF retail building with 5 storefronts; Space can be divided for flexible leasing; Zoned B3‑3, supporting a variety of uses
(312) 838-8873 Call to check price and availability
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