Mixed-Use Interior
5501 W Montrose Avenue Unit C, Chicago, IL 60641
For Lease
$18 SF/Yr
Gutted premises offer negotiable build-out for retail, office, restaurant, or storefront uses.
Space SizeContact for details
Days on Market103
Property Features for 5501 W Montrose Avenue Unit C
General Information
Standard status
Property subtype
Space & Availability
Space Use
Condition
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Coldwell Banker Realty
Listed By:
Brett Vogel
(312) 266-7000
Source:
Dawnmckennagroup
Added: Jul 30
Changed: Nov 7
Last Checked: Nov 8 at 1:49PM
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 Coldwell Banker Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use space at 5501 W Montrose Avenue #C is delivered in gutted condition, allowing the build-out approach to be negotiated around the intended commercial use. Retail, office, restaurant, and storefront applications are identified for the premises.
The property was built in 1927 and is located at a busy intersection in Chicago’s 60641 ZIP code. Build-out terms can be discussed as part of structuring the lease.
The property was built in 1927 and is located at a busy intersection in Chicago’s 60641 ZIP code. Build-out terms can be discussed as part of structuring the lease.
Key Highlights
- Gutted mixed‑use space at 5501 W Montrose Avenue #C
- Negotiable build‑out terms
- Retail, office, restaurant, and storefront uses identified
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,697
Businesses Nearby
69k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 53%
Dining 29%
Shops & Services 18%
Jewel-Osco
Groceries
36,735 visits/mo
0.5 miles
Starbucks
Dining
18,621 visits/mo
0.5 miles
7-Eleven
Shops & Services
12,425 visits/mo
0.5 miles
Little Caesars Pizza
Dining
1,591 visits/mo
0.5 miles
Demographics for 60641, IL
69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Chicago, IL
$26.95 /SF/Yr
Avg Asking Price
$10–$52.5 /SF/Yr
Price Range
32,320 SF
Avg Space Size
This space is priced 33% below the average of $26.95 /SF/Yr.
Average Price Trend$/SF/Yr for Mixed-use properties in Chicago, IL
Properties on Market for Mixed-use properties in Chicago
Vacancy Rate% for Retail in Chicago, IL
Frequently Asked Questions
What type of property is this?
Mixed-use property - Gutted premises offer negotiable build-out for retail, office, restaurant, or storefront uses.
Where is this mixed-use property located?
The property is located at 5501 W Montrose Avenue Unit C Chicago, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Gutted mixed‑use space at 5501 W Montrose Avenue #C; Negotiable build‑out terms; Retail, office, restaurant, and storefront uses identified
