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Retail Building in Austin Neighborhood
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5515 W Division Street, Chicago, IL 60651

Retail building in Chicago's Austin neighborhood with high visibility.

Property SizeContact for details
Days on Market88

Property Features for 5515 W Division Street

General Information

Standard status Active
Property subtype Retail
Zoning B3-1
Listing Agency: Miller Chicago
Listed By: Andrea Miller · License #IL 471016960
Source: Crexi
Added: May 26 Changed: Aug 8 Last Checked: May 27 at 8:25AM

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 Miller Chicago

Investment Insights

Based on property information with market context.

The retail building is located at 5515 W Division Street in Chicago's Austin neighborhood. The property benefits from a high-visibility location with a significant traffic count of over 13,400 vehicles per day. Strong transit access is available due to the proximity to multiple CTA bus routes and the Central Green Line.

Key Highlights

  • High‑visibility location on W Division Street.
  • Significant traffic count of over 13,400 vehicles per day.
  • Located in Chicago's Austin neighborhood.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Parking Lot & Garage Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,209
Businesses Nearby
35k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 83% Dining 9% Electronics 8%
Dollar Tree Shops & Services
13,127 visits/mo 0.4 miles
Family Dollar Shops & Services
8,062 visits/mo 0.1 miles
Dollar General Shops & Services
7,872 visits/mo 0.5 miles
SUBWAY Dining
3,249 visits/mo 0.2 miles
Metro by T-Mobile Electronics
1,692 visits/mo 0.2 miles

Demographics for 60651, IL

62,819
Population
22,885
Households
2.7
Avg Household Size
36
Median Age
16%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
17,948
Density / Sq Mi
$52,963
Median Household Income
$33,783
Median Earnings
$1,186
Median Rent
$262,700
Median Home Value

Market

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 - Retail building in Chicago's Austin neighborhood with high visibility.
Where is this retail space located?
The property is located at 5515 W Division Street Chicago, IL.
What are key features of this property?
This property features: High‑visibility location on W Division Street.; Significant traffic count of over 13,400 vehicles per day.; Located in Chicago's Austin neighborhood.
(312) 513-8333 Call to check price and availability
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