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Retail/Office Space in Avondale
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4914-4918 N Clark St, Chicago, IL

Retail or office space available in luxury mid-rise building.

Space Size2,991 SF
Lot Size0.43 Acres
Days on Market726

Property Features for 4914-4918 N Clark St

General Information

Standard status Active
Size 2,991 SF
Lot size 0.43 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 4914-4918 N Clark St
4914-4916 N Clark St $28/SF/Yr
Floor 1
Size 2,991 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Opportunity to join Co-Tenant North Shore Immediate Care at base of 54-unit luxury mid-rise apartment building in Avondale - Unit will be delivered in vanilla box condition providing flexibility for retail, restaurant, office and medical office build-outs - Landlord willing to contribute TI dollars towards construction - Conveniently located within one (1) mile of Lake Shore Drive and walking distance from both the Argyle and Lawrence Red "L" Stations - Walking distance to Methodist Hospital of Chicago and Aragon Ballroom - Neighboring Retailers include Jewel-Osco, Mariano's, CVS/Pharmacy, Pet Smart, Dollar Tree, Dunkin', Dollop Coffee, The Bongo Room, Chipotle, and Jimmy John's, among others
Contact us
Listing Agency: Frontline Real Estate Partners, LLC
Listed By: Matthew Tarshis · License #471022713
Source: Moodyscre
Added: Oct 26, 2024 Changed: Oct 13 Last Checked: Oct 20 at 10:39PM

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 Frontline Real Estate Partners, LLC

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Investment Insights

Based on property information with market context.

This property offers an opportunity to join Co-Tenant North Shore Immediate Care at the base of a 54-unit luxury mid-rise apartment building in Avondale. The unit, totaling 2991 square feet, will be delivered in vanilla box condition, providing flexibility for retail, restaurant, office, and medical office build-outs. The landlord is willing to contribute Tenant Improvement (TI) dollars towards construction. The location is conveniently situated within one mile of Lake Shore Drive and within walking distance of both the Argyle and Lawrence Red "L" Stations. It is also within walking distance of Methodist Hospital of Chicago and the Aragon Ballroom. Neighboring retailers include Jewel-Osco, Mariano's, CVS/Pharmacy, Pet Smart, Dollar Tree, Dunkin', Dollop Coffee, The Bongo Room, Chipotle, and Jimmy John's, among others. The intended use of the property includes retail, restaurant, office, and medical office.

Key Highlights

  • Vanilla box condition allows flexible build‑outs for retail, restaurant, office, or medical office use.
  • Landlord offers Tenant Improvement (TI) dollars for construction.
  • Located at the base of a 54‑unit luxury mid‑rise apartment building.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Nursing Home Home Appliance Store Tanning Salon (Bike/Boat/Book/etc) Store Auto Parts Store Catering 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

NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,415
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$25.14 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,876 SF
Avg Space Size

This space is priced 11% above the average of $25.14 /SF/Yr.

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail or office space available in luxury mid-rise building.
Where is this retail space located?
The property is located at 4914-4918 N Clark St Chicago, IL.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Vanilla box condition allows flexible build‑outs for retail, restaurant, office, or medical office use.; Landlord offers Tenant Improvement (TI) dollars for construction.; Located at the base of a 54‑unit luxury mid‑rise apartment building.
(847) 542-9058 Call to check price and availability
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