5-Storefront Retail
For Sale
$2,000,000
4650 S Indiana Avenue, 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 Market130
Property Features for 4650 S Indiana Avenue
General Information
Standard status
Active
Size
14,000 SF
Property subtype
General Commercial
Zoning
B3-3
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$41,885
Amenities
onsite parking
Central Air
3
Building Details
Year Built
1948
Buildings
1
Tenancy
Multi
Listing Agency:
Baird & Warner
(224) 619-2150
Listed By:
Sooji Hill · License #IL475193738
(224) 619-2150
Source:
Xome
Added: Apr 16
Changed: Aug 23
Last Checked: Aug 22 at 11:50AM
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.
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.
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
Property Profile
Current Use
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
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
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask 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 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: Remodeled 14,000 SF retail building with 5 storefronts; Space can be divided for flexible leasing; Zoned B3‑3, supporting a variety of uses
