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Retail Space in Apartment Complex
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5441 N East River Rd, Chicago, IL 60656

Commercial space positioned within a large residential complex with direct access to I-90 and O’Hare International Airport.

Space Size1,020 SF
Days on Market10

Property Features for 5441 N East River Rd

General Information

Standard status Active
Size 1,020 SF
Property subtype RETAIL
Lease Type Modified Gross

Additional Details

Highway Access Yes

Building Details

Stories 15

Spaces For Lease

at 5441 N East River Rd Contact us

5441 N East River Rd $28.25/SF/Yr

Floor
1
Size
1,020 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Located in O’Hare area - South of Higgins IL-72 and East of Kennedy Expressway -...
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Listing Agency: Strauss Realty, Ltd.
Listed By: MJ Weinberger · License #475183341
Source: Moodyscre
Added: Aug 24 Changed: Aug 30 Last Checked: Sep 1 at 11:13PM

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 Strauss Realty, Ltd.

Investment Insights

Based on property information with market context.

This 1,020-square-foot retail space is located within the Pavilion Apartments Complex, a 15-story residential property with 1,100 units. The setting places commercial space inside a substantial apartment community and supports convenient access for residents and visitors.

The property is in the O’Hare area, south of Higgins Road (IL-72) and east of the Kennedy Expressway. I-90 is approximately a 2-minute drive away, while O’Hare International Airport is also readily accessible from the site.

Key Highlights

  • 1,020‑square‑foot retail space within the Pavilion Apartments Complex
  • Located in a 15‑story apartment complex with 1,100 units
  • Approximately a 2‑minute drive to I‑90

Property Analytics

Current Use

The Pavilion Real Estate Agency Go Grocer Specialty Food Shop Chicago Yoga Instructor Gym & Fitness Center ShopClosing.com Liquidator Chicago Startup Club Venture Capital Company

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Daycare Center Cosmetic Store Nail Salon 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

Yes
Highway access
NNN (Triple Net)
Lease Type
$4.24 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,554
Businesses Nearby
28k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 76% Hotels & Casinos 24%
Shell Shops & Services
16,443 visits/mo 0.5 miles
Renaissance Chicago O'Hare Suites Hotel Hotels & Casinos
6,857 visits/mo 0.4 miles
7-Eleven Shops & Services
4,952 visits/mo 0.4 miles

Demographics for 60656, IL

28,474
Population
12,840
Households
2.2
Avg Household Size
40
Median Age
42%
College-Educated
92%
High-School Grad
3.2 sq mi
ZIP Area
8,898
Density / Sq Mi
$88,000
Median Household Income
$54,639
Median Earnings
$1,388
Median Rent
$344,400
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 2% above 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
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial space positioned within a large residential complex with direct access to I-90 and O’Hare International Airport.
Where is this retail space located?
The property is located at 5441 N East River Rd Chicago, IL.
What is the lease rate?
The lease rate is $28.25 SF/Yr.
What are key features of this property?
This property features: 1,020‑square‑foot retail space within the Pavilion Apartments Complex; Located in a 15‑story apartment complex with 1,100 units; Approximately a 2‑minute drive to I‑90
(847) 334-2587 Call to check price and availability
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