Mixed-Use Interior
For Lease
$18 SF/Yr
5501 W Montrose Avenue Unit C, Chicago, IL 60641
Gutted premises offer negotiable build-out for retail, office, restaurant, or storefront uses.
Space SizeContact for details
Days on Market26
Property Features for 5501 W Montrose Avenue Unit C
General Information
Standard status
Active
Property subtype
COMMERCIAL
Space & Availability
Space Use
Mixed Use
Condition
Shell
Building Details
Year Built
1927
Listing Agency:
Coldwell Banker Realty
(312) 266-7000
Listed By:
Brett Vogel
Source:
Dawnmckennagroup
Added: Jul 30
Changed: Aug 23
Last Checked: Aug 24 at 2:46PM
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
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
Property Profile
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
Market
Lease Benchmarks for Chicago, IL
$22.5 /SF/Yr
Avg Asking Price
$10–$35 /SF/Yr
Price Range
63,460 SF
Avg Space Size
This space is priced 20% below the average of $22.5 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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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
