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Retail Storefront with Office Space
For Lease
$37.50 SF/Yr

5123 W Montrose Avenue #E, Chicago, IL 60641

RTAIL-zoned space near Metra stations with direct access to I-90/I-94.

Space SizeContact for details
Days on Market35

Property Features for 5123 W Montrose Avenue #E

General Information

Standard status Active
Zoning RTAIL

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Space Use Office

Building Details

Year Built 1913
Stories 2
Units 3
Listing Agency: Chicagoland Brokers, Inc.
Listed By: Maria Ovallos · License #475206182
Source: Perillorealestategroup
Added: Jul 8 Changed: Aug 8 Last Checked: Aug 11 at 2:00PM

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 Chicagoland Brokers, Inc.

Investment Insights

Based on property information with market context.

This retail storefront and office space occupies a building constructed in 1913 and is designated RTAIL. The adaptable commercial setting can accommodate professional office or retail operations, including law, accounting, insurance, medical, wellness, and boutique retail uses.

The property is located at 5123 W Montrose Avenue #E in Chicago, with proximity to Metra stations and access to I-90/I-94. An adjacent unit in the same building is also available for lease, creating an option for businesses that require additional space.

Key Highlights

  • RTAIL zoning supports the property's storefront and office classification
  • Located at 5123 W Montrose Avenue #E, Chicago, IL 60641
  • Near Metra stations for rail access

Property Analytics

Current Use

Lis Leszek MD Physician Income Tax Polski ... Tax Preparation

Suggested Use

Top Pick Acupuncture Law Firm Real Estate Agency Hotel & Motel Cosmetic Store Garden Center

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$5.63 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,259
Businesses Nearby
Under-served
Demand for This Use

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

Market

Lease Benchmarks for Chicago, IL

$27.2 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
4,071 SF
Avg Space Size

This space is priced 38% above the average of $27.2 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Four Get Me Not 5539 W Montrose Ave, Chicago, IL 60641
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  • Emma's Flower Shop 5647 Irving Park Rd, Chicago, IL 60634
  • H.M. Floral Studio 4803 n milwaukee ave, chicago, il 60630

Frequently Asked Questions

What type of property is this?
Storefront property - RTAIL-zoned space near Metra stations with direct access to I-90/I-94.
Where is this storefront property located?
The property is located at 5123 W Montrose Avenue #E Chicago, IL.
What is the lease rate?
The lease rate is $37.50 SF/Yr.
What are key features of this property?
This property features: RTAIL zoning supports the property's storefront and office classification; Located at 5123 W Montrose Avenue #E, Chicago, IL 60641; Near Metra stations for rail access
More about this property
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