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Remodeled Storefront Space
For Lease
$22.05 SF/Yr

5242 S Damen Avenue, Chicago, IL 60609

Updated commercial space in Chicago’s Back of the Yards neighborhood, available for rent.

Space SizeContact for details
Days on Market180

Property Features for 5242 S Damen Avenue

General Information

Standard status Active
Zoning COMMR

Additional Details

Space Use Retail

Taxes and HOA fees

Annual Taxes $1,675

Building Details

Year Built 1916
Stories 1
Listing Agency: Urbanitas Inc.
Listed By: Hildebrando Torres · License #471004509
Source: Allinonerealestateco
Added: Mar 4 Changed: Aug 30 Last Checked: Aug 6 at 6:54AM

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 Urbanitas Inc.

Investment Insights

Based on property information with market context.

This storefront space at 5242 S Damen Avenue offers a remodeled commercial setting for lease in Chicago. The property dates to 1916 and carries COMMR zoning. It is located in the Back of the Yards neighborhood, providing a neighborhood retail setting for commercial occupancy.

Key Highlights

  • Remodeled storefront space available for rent
  • Located at 5242 S Damen Avenue, Chicago, IL 60609
  • Situated in the Back of the Yards neighborhood

Property Analytics

Current Use

Bring Your Own ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Fish Market Food Market Coworking & Hybrid Office Home Appliance Store

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
$3.31 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,773
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 94% Dining 6%
Citgo Shops & Services
7,154 visits/mo 0.3 miles
7-Eleven Shops & Services
6,367 visits/mo 0.2 miles
Over Easy Dining
812 visits/mo 0.4 miles

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$29.35 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
3,737 SF
Avg Space Size

This space is priced 25% below the average of $29.35 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Storefront property - Updated commercial space in Chicago’s Back of the Yards neighborhood, available for rent.
Where is this storefront property located?
The property is located at 5242 S Damen Avenue Chicago, IL.
What is the lease rate?
The lease rate is $22.05 SF/Yr.
What are key features of this property?
This property features: Remodeled storefront space available for rent; Located at 5242 S Damen Avenue, Chicago, IL 60609; Situated in the Back of the Yards neighborhood
More about this property
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