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Rehabbed Storefront with Basement
For Lease
$17 SF/Yr

4837 W Irving Park Road Store, Chicago, IL 60641

Updated retail space offers high ceilings, an accessible restroom, and basement storage.

Space SizeContact for details
Days on Market46

Property Features for 4837 W Irving Park Road Store

General Information

Standard status Active

Building Details

Year Built 1920
Listing Agency: ProCasa Realty, Ltd.
Listed By: Loyda Paredes · License #471006928
Source: Saladinosells
Added: Aug 24 Changed: Oct 8 Last Checked: Oct 5 at 11:10PM

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 ProCasa Realty, Ltd.

Investment Insights

Based on property information with market context.

This storefront property at 4837 W Irving Park Road features a renovated retail area with high ceilings, updated windows, and new HVAC. The full unfinished basement is designated for storage only. A renovated bathroom provides handicap accessibility, adding practical functionality for commercial occupancy.

The property is positioned in Portage Park’s Six Corners commercial area, with plentiful street parking and a nearby city parking lot. Additional parking is available for a fee. The space does not permit food establishments. Tenancy responsibilities include utilities, a portion of water, renter’s insurance, scavenger service, and snow removal, while taxes and building insurance are included.

Key Highlights

  • Renovated storefront with high ceilings and updated windows
  • Full unfinished basement available for storage only
  • New HVAC system

Property Analytics

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Current Use

Graffiti Rhythms Dance ... Training Center The Joy Room Chicago Wellness Program American Association-Police Volunteer Organization Trans Adventure Tours Tour Operator

Suggested Use

Top Pick Real Estate Agency Hotel & Motel Law Firm Skin Care Clinic Nursing Home Acupuncture

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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,907
Businesses Nearby
199k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 36% Apparel 33% Dining 29% Home Improvements & Furnishings 1%
Marshalls Apparel
50,242 visits/mo 0.4 miles
Culver's Dining
23,761 visits/mo 0.1 miles
Dollar Tree Shops & Services
23,411 visits/mo 0.2 miles
dd's DISCOUNTS Shops & Services
19,227 visits/mo 0.2 miles
Chipotle Mexican Grill Dining
15,781 visits/mo 0.3 miles

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Chicago, IL

$25.87 /SF/Yr
Avg Asking Price
$11–$114 /SF/Yr
Price Range
3,905 SF
Avg Space Size

This space is priced 34% below the average of $25.87 /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
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Similar Off Market Nearby

  • Lorch Bros. Flowers — 4936 W Irving Park Rd, Chicago, IL 60641

Frequently Asked Questions

What type of property is this?
Storefront property - Updated retail space offers high ceilings, an accessible restroom, and basement storage.
Where is this storefront property located?
The property is located at 4837 W Irving Park Road Store Chicago, IL.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Renovated storefront with high ceilings and updated windows; Full unfinished basement available for storage only; New HVAC system
More about this property
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