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Retail Space with Natural Light
For Lease
$15 SF/Yr

5283 N Elston Avenue, Chicago, IL 60630

COMMR-zoned space includes parking and convenient access for a range of business layouts.

Space SizeContact for details
Days on Market9

Property Features for 5283 N Elston Avenue

General Information

Standard status Active
Zoning COMMR

Additional Details

Space Use Retail

Taxes and HOA fees

Annual Taxes $32,281

Amenities

spacious interiors
natural light
modern and versatile layout
convenient location
excellent visibility
high-traffic area
ample parking
easy access

Building Details

Year Built 1970
Stories 1
Listing Agency: Keller Williams Premiere Properties
Listed By: Charles McCann · License #475158020
Source: Cavanaghrealty
Added: Aug 23 Changed: Aug 30 Last Checked: Aug 30 at 8:43PM

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 Keller Williams Premiere Properties

Investment Insights

Based on property information with market context.

This retail space offers 1,500 square feet with a flexible interior arrangement and abundant natural light. The layout can accommodate varied business configurations while providing a bright, functional setting for daily operations. On-site parking and convenient access support customer and staff arrival. The property was built in 1970 and is zoned COMMR.

Key Highlights

  • 1,500‑square‑foot retail space
  • Flexible interior layout with natural light
  • COMMR zoning

Property Analytics

Current Use

The Laundry Place (Bike/Boat/Book/etc) Store The Laundry Place (Coin ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Barber Shop Furniture & Home Goods Home Appliance Store Veterinary Clinic Garden Center Daycare 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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

933
Businesses Nearby
100k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 43% Groceries 41% Shops & Services 16%
Mariano's Groceries
40,948 visits/mo 0.3 miles
Starbucks Dining
18,143 visits/mo 0.4 miles
Chipotle Mexican Grill Dining
12,503 visits/mo 0.5 miles
Smashburger Dining
10,088 visits/mo 0.4 miles
Mobil Shops & Services
9,490 visits/mo 0.4 miles

Demographics for 60630, IL

54,064
Population
23,393
Households
2.3
Avg Household Size
40
Median Age
44%
College-Educated
91%
High-School Grad
4.7 sq mi
ZIP Area
11,503
Density / Sq Mi
$97,134
Median Household Income
$54,576
Median Earnings
$1,357
Median Rent
$362,900
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$27.62 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,516 SF
Avg Space Size

This space is priced 46% below the average of $27.62 /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.

Frequently Asked Questions

What type of property is this?
Retail space - COMMR-zoned space includes parking and convenient access for a range of business layouts.
Where is this retail space located?
The property is located at 5283 N Elston Avenue Chicago, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 1,500‑square‑foot retail space; Flexible interior layout with natural light; COMMR zoning
More about this property
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