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Open-Plan Mixed-Use Space

4811 N Elston Avenue, Chicago, IL 60630

For Lease
$15 SF/Yr

Approximately 2,000 square feet includes a private bathroom and a separate rear room for storage or office use.

Space SizeContact for details
Days on Market458

Property Features for 4811 N Elston Avenue

General Information

Standard status Active
Property subtype COMMERCIAL

Site & Location

Neighborhood North Side
Public Transit Yes

Additional Details

Space Use Creative Office

Taxes and HOA fees

Annual Taxes $12,923

Amenities

High ceilings
Private bathroom
Back room for additional storage, office use, or inventory
Large windows for plenty of natural light
Prominent street frontage with high visibility

Building Details

Year Built 1932
Listing Agency: Better Homes & Gardens Real Estate
Listed By: Steliana Mladenova · License #475207868
Source: Lwreedy
Added: Aug 9, 2025 Changed: Nov 8 Last Checked: Nov 8 at 4:04PM

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 Better Homes & Gardens Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This mixed-use space offers an open floor plan with high ceilings and large windows. A private bathroom and a separate rear room provide additional space for storage, office functions, or inventory. The building dates to 1932.

Street frontage and access to public transit and major roadways are noted among the property's features. The flexible interior can accommodate retail, office, or creative uses.

Key Highlights

  • Close to 2000 sqft of open space with high ceilings
  • Private bathroom and a separate rear room for storage, office use, or inventory
  • Large windows and prominent street frontage

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Real Estate Agency Acupuncture Furniture & Home Goods Hotel & Motel

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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,425
Businesses Nearby
90k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 72% Shops & Services 28%
Seafood City Groceries
65,217 visits/mo 0.5 miles
Mobil Shops & Services
9,599 visits/mo 0.3 miles
7-Eleven Shops & Services
6,723 visits/mo 0.1 miles
Shell Shops & Services
5,868 visits/mo 0.1 miles
Jiffy Lube Shops & Services
1,110 visits/mo 0.5 miles

Demographics for 60630, IL

54,064
Population
23,393
Households
2.3
Avg Household Size
40
Median Age
44%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
11,503
Density / Sq Mi
$97,134
Median Household Income
$54,576
Median Earnings
$1,357
Median Rent
$362,900
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$26.95 /SF/Yr
Avg Asking Price
$10–$52.5 /SF/Yr
Price Range
32,320 SF
Avg Space Size

This space is priced 44% below the average of $26.95 /SF/Yr.

Average Price Trend$/SF/Yr for Mixed-use properties in Chicago, IL

$26.53 Jul
$26.64 Aug
$27.78 Sep
$26.95 Oct

Properties on Market for Mixed-use properties in Chicago

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Approximately 2,000 square feet includes a private bathroom and a separate rear room for storage or office use.
Where is this mixed-use property located?
The property is located at 4811 N Elston Avenue Chicago, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Close to 2000 sqft of open space with high ceilings; Private bathroom and a separate rear room for storage, office use, or inventory; Large windows and prominent street frontage
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