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Grocery Store Space

5555 W North Ave, Chicago, IL 60639

For Lease
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Former grocery premises sit at a signalized intersection in Chicago, sharing the corner with Walgreens.

Space Size16,000 SF
Days on Market27

Property Features for 5555 W North Ave

General Information

Standard status Active
Size 16,000 SF
Net Rentable 16,000 SF
Property subtype Retail

Space & Availability

Available Space 16,000 SF
Contiguous Space 16,000 SF

Site & Location

Neighborhood North Side
Corner Location Yes
Anchor Co-Tenants Walgreens

Amenities

signalized corner

Spaces For Lease

at 5555 W North Ave
#1 Active
Size 16,000 SF
Contact us
Listing Agency: Axis Realty, Inc.
Listed By: Dino Geroulis · License IL #475122818
Source: Crexi
Added: Oct 15 Changed: Nov 8 Last Checked: Nov 10 at 5:56AM

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 Axis Realty, Inc.

Rey
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Investment Insights

Based on property information with market context.

The 16,000-SF space was previously used as a grocery store and is available for lease. It occupies the southeast corner of North Ave and Central Ave at 5555 W North Ave in Chicago. The intersection is signalized, and Walgreens shares the corner.

Key Highlights

  • 16,000 SF of space previously used as a grocery store
  • At the southeast corner of North Ave and Central Ave
  • Signalized intersection

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Computer & Electronic Repair Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

1,104
Businesses Nearby
82k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 41% Leisure 40% Dining 17% Electronics 1%
AMC Galewood Crossings 14 Leisure
33,208 visits/mo 0.4 miles
White Castle Dining
14,006 visits/mo 0.0 miles
Dollar Tree Shops & Services
13,127 visits/mo 0.2 miles
BP Shops & Services
8,599 visits/mo 0.2 miles
Dollar General Shops & Services
7,872 visits/mo 0.2 miles

Demographics for 60639, IL

89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value

Market

Properties on Market for Grocery and convenience stores in Chicago

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • DEEN FOOD MART — 5360 W Division St, Chicago, IL 60651
  • Tienda Ecuatoriana Two Brother's — 5229 W North Ave, Chicago, IL 60639
  • Carniceria La Villa — 5800 W Grand Ave, Chicago, IL 60639

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Former grocery premises sit at a signalized intersection in Chicago, sharing the corner with Walgreens.
Where is this grocery and convenience store located?
The property is located at 5555 W North Ave Chicago, IL.
What are key features of this property?
This property features: 16,000 SF of space previously used as a grocery store; At the southeast corner of North Ave and Central Ave; Signalized intersection
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