Divisible Retail
For Lease
Contact for pricing
49 East Chicago Avenue, Chicago, IL 60611
Flexible retail premises positioned near major medical, academic, and transit destinations in central Chicago.
Space Size4,105 SF
Days on Market51
Property Features for 49 East Chicago Avenue
General Information
Standard status
Active
Size
4,105 SF
Property subtype
Retail
Space & Availability
Contiguous Space
4,105 SF
Divisible
Yes
Available From
Immediate
Spaces For Lease
at 49 East Chicago Avenue
49 E Chicago Avenue
Size
4,105 SF
Term
Negotiable
Rate
Contact for pricing
Listing Agency:
Mid-America Real Estate Group | Chicago
Listed By:
Dan Tausk
(630) 954-7347
Source:
Midamericagrp
Added: Aug 28
Changed: Oct 11
Last Checked: Oct 16 at 7:26AM
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 Mid-America Real Estate Group | Chicago
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The retail offering at 49 East Chicago Avenue provides 4,105 SF that can be divided to suit the final configuration. The space is available immediately and offers a commercial storefront setting within a high-activity portion of Chicago’s central retail district.
The property sits near the Magnificent Mile and benefits from proximity to the River North, Gold Coast, and Streeterville trade areas. Nearby activity drivers include Loyola University’s Water Tower Campus, Northwestern Memorial Hospital, and Lurie Children’s Hospital. Public transportation access includes the CTA Red Line station at State & Chicago, which records nearly 2.5 million riders annually.
The property sits near the Magnificent Mile and benefits from proximity to the River North, Gold Coast, and Streeterville trade areas. Nearby activity drivers include Loyola University’s Water Tower Campus, Northwestern Memorial Hospital, and Lurie Children’s Hospital. Public transportation access includes the CTA Red Line station at State & Chicago, which records nearly 2.5 million riders annually.
Key Highlights
- 4,105 SF retail space with divisible configuration
- Immediate availability
- Near Chicago’s Magnificent Mile
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
26,262
Businesses Nearby
682k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Apparel 22%
Hotels & Casinos 13%
Shops & Services 6%
Nordstrom
Apparel
136,729 visits/mo
0.4 miles
Starbucks
Dining
132,317 visits/mo
0.3 miles
McDonald's
Dining
65,567 visits/mo
0.2 miles
McDonald's
Dining
52,443 visits/mo
0.2 miles
Fogo de Chao
Dining
28,749 visits/mo
0.2 miles
Demographics for 60611, IL
38,456
Population
28,239
Households
1.4
Avg Household Size
39
Median Age
88%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
48,070
Density / Sq Mi
$124,621
Median Household Income
$92,917
Median Earnings
$2,416
Median Rent
$608,200
Median Home Value
Market
Lease Benchmarks for Chicago, IL
$25.24 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,899 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Retail space - Flexible retail premises positioned near major medical, academic, and transit destinations in central Chicago.
Where is this retail space located?
The property is located at 49 East Chicago Avenue Chicago, IL.
What are key features of this property?
This property features: 4,105 SF retail space with divisible configuration; Immediate availability; Near Chicago’s Magnificent Mile
