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Corner Retail Space

5151 N Lincoln Ave, Chicago, IL 60625

For Lease
$35 SF/Yr

New-construction retail space with a divisible layout, B2-3 zoning, and direct access to public transportation.

Space Size1,450 SF
Property Size55,000 SF
Days on Market51

Property Features for 5151 N Lincoln Ave

General Information

Standard status Active
Size 1,450 SF
Net Rentable 2,900 SF
Property subtype Retail
Zoning B2-3
Lease Term Gross

Space & Availability

Available Space 1,450-2,900 SF
Contiguous Space 2,900 SF
Divisible Yes
Space Use Retail

Site & Location

Neighborhood Ravenswood
Frontage 100 ft
Corner Location Yes
Traffic Count 21,000 vehicles/day
Utilities to Site Yes

Amenities

ADA-compliant restroom
public transportation access

Building Details

Building Size 55,000 SF
Tenancy Multi

Spaces For Lease

at 5151 N Lincoln Ave Contact us

Retail A $40/SF/Yr

Size 1,450 SF
Type Street Retail
Term Negotiable
Contact us

Retail B $35/SF/Yr

Size 1,450 SF
Type Street Retail
Term Negotiable
Contact us
Listing Agency: SVN | Chicago - Corporate
Listed By: Adam Thomas · License #IL 062060446
Source: Svnchicago
Added: Sep 20 Changed: Nov 1 Last Checked: Nov 8 at 3:26AM

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 SVN | Chicago - Corporate

Rey
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Investment Insights

Based on property information with market context.

This new-construction corner retail space offers 2,900 SF at the ground level of a fully leased 42-unit apartment building. The premises can be divided into 1,450 SF, providing flexibility for different operating formats. Interior improvements include a vanilla-box finish, one ADA-compliant restroom, electrical service, HVAC, drywalled perimeter walls, and a level poured-concrete subfloor.

Positioned at Lincoln and Foster Avenues in Lincoln Square, the space provides nearly 100 feet of retail frontage and approximately 21,000 VPD across both avenues. The property is visible from Lincoln and Foster and has access to public transportation. B2-3 zoning supports a variety of retail and service-based uses.

Key Highlights

  • 2,900 SF of new‑construction corner retail space
  • Divisible into 1,450 SF
  • Nearly 100' of retail frontage at Lincoln and Foster Avenues

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Lincoln Square Clinic Pediatrician Dr. Suchat Ponglorpisita Pediatrician Steven Comrov Pediatrician Dr. Celso D. ... Pediatrician Dr. Nicola F. ... Physician

Suggested Use

Top Pick Law Firm Garden Center Computer & Electronic Repair Catering Service Home Appliance Store Butcher

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

21,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,989
Businesses Nearby
119k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 39% Shops & Services 35% Dining 21% Home Improvements & Furnishings 2%
Tony's Fresh Market Groceries
46,822 visits/mo 0.1 miles
Burger King Dining
14,996 visits/mo 0.5 miles
Dollar Tree Shops & Services
9,356 visits/mo 0.3 miles
7-Eleven Shops & Services
8,529 visits/mo 0.1 miles
Mobil Shops & Services
8,368 visits/mo 0.2 miles

Demographics for 60625, IL

76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$24.76 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,755 SF
Avg Space Size

This space is priced 41% above the average of $24.76 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Chicago, IL

$25.69 Jul
$27.1 Aug
$26.09 Sep
$24.57 Oct

Properties on Market for Retail space 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?
Retail space - New-construction retail space with a divisible layout, B2-3 zoning, and direct access to public transportation.
Where is this retail space located?
The property is located at 5151 N Lincoln Ave Chicago, IL.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: 2,900 SF of new‑construction corner retail space; Divisible into 1,450 SF; Nearly 100' of retail frontage at Lincoln and Foster Avenues
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