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Apartment-Adjacent Storefront Space
New
For Lease
$28 SF/Yr

5441 N East River Road Retail, Chicago, IL 60656

Former salon storefront within a large apartment complex, suitable for office, café, deli, flower shop, or retail use.

Space SizeContact for details
Days on Market2

Property Features for 5441 N East River Road Retail

General Information

Standard status Active

Building Details

Stories 15
Listing Agency: Strauss Realty Ltd
Listed By: Moshe Weinberger · License #475183341
Source: Grandviewrealtyservices
Added: Sep 6 Last Checked: Sep 7 at 10:47AM

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 storefront lease is located within the Pavilion Apartments complex, a 15-story residential property containing 1,100 units. The space was previously occupied by a salon and is positioned for conversion to an office, café, deli, flower shop, or other retail business.

The property is next to O'Hare and Rosemont, with nearby offices and quick access to O'Hare Airport. Its setting within a substantial apartment community provides proximity to an established residential population, while the surrounding office presence adds another source of nearby activity.

Key Highlights

  • Located within Pavilion Apartments, a 15‑story complex with 1,100 units
  • Former salon storefront suitable for conversion to office or retail use
  • Positioned next to O'Hare and Rosemont

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

NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,554
Businesses Nearby
28k
Monthly Visits Nearby
Under-served
Demand for This Use

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

$26.73 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
3,788 SF
Avg Space Size

This space is priced 5% above the average of $26.73 /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
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Similar Off Market Nearby

  • Rosemont Florist 6111 N River Rd, Rosemont, IL 60018

Frequently Asked Questions

What type of property is this?
Storefront property - Former salon storefront within a large apartment complex, suitable for office, café, deli, flower shop, or retail use.
Where is this storefront property located?
The property is located at 5441 N East River Road Retail Chicago, IL.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Located within Pavilion Apartments, a 15‑story complex with 1,100 units; Former salon storefront suitable for conversion to office or retail use; Positioned next to O'Hare and Rosemont
More about this property
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