Renovated Retail
New
For Lease
$25 SF/Yr
5633-53 N Ashland Ave, Chicago, IL 60660
First-floor retail spaces in a four-story mixed-use building undergoing complete renovation, with access to public transportation.
Space Size780 SF - 2,120 SF
Property Size95,702 SF
Days on Market4
Property Features for 5633-53 N Ashland Ave
General Information
Standard status
Active
Size
780 SF - 2,120 SF
Net Rentable
780 SF
Space & Availability
Available Space
780-2,120 SF
Contiguous Space
2,120 SF
Floor
Ground
Additional Details
Highway Access
Yes
Building Details
Year Built
1939
Stories
4
Building Size
95,702 SF
Tenancy
Multi
Listing Agency:
Millennium Properties RE, Inc.
Listed By:
Susan Silver · License #475136992
(312) 338-3000
Source:
Realtopiare
Added: Sep 11
Last Checked: Sep 14 at 1:20PM
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 Millennium Properties RE, Inc.
Investment Insights
Based on property information with market context.
Three first-floor storefronts are available for lease within a four-story mixed-use building built in 1939 and currently undergoing a complete renovation. The offering includes Unit 5647, an 860-square-foot corner space at Ashland and Olive Avenues, and Unit 5649, a 780-square-foot retail space; the two units can be combined. The corner space was formerly used as a restaurant, while the property also includes a 2,120-square-foot former restaurant space as described in the available unit information.
The building is located in Andersonville at 5633-53 N Ashland Ave, between Hollywood Boulevard and Olive Avenue. Nearby businesses include Jewel-Osco, Mariano's, Walgreens, Fireside, The Edge Theater, Parson's Chicken and Fish, La Baguette Bakery, The Coffee Studio, m. henry, and Little Bad Wolf. Public transportation access includes the Bryn Mawr "L" stop, with expressways and the lakefront also identified as accessible from the property.
The building is located in Andersonville at 5633-53 N Ashland Ave, between Hollywood Boulevard and Olive Avenue. Nearby businesses include Jewel-Osco, Mariano's, Walgreens, Fireside, The Edge Theater, Parson's Chicken and Fish, La Baguette Bakery, The Coffee Studio, m. henry, and Little Bad Wolf. Public transportation access includes the Bryn Mawr "L" stop, with expressways and the lakefront also identified as accessible from the property.
Key Highlights
- Three first‑floor retail storefronts available for lease
- Four‑story, 95,702 SF mixed‑use property undergoing complete renovation
- Unit 5647 offers 860 square feet at the corner of Ashland and Olive Avenues
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
603
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
O'Reilly Auto Parts
Shops & Services
4,429 visits/mo
0.4 miles
Demographics for 60660, IL
42,534
Population
23,508
Households
1.8
Avg Household Size
38
Median Age
57%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
32,718
Density / Sq Mi
$66,206
Median Household Income
$46,871
Median Earnings
$1,286
Median Rent
$287,500
Median Home Value
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Market
Lease Benchmarks for Chicago, IL
$27.22 /SF/Yr
Avg Asking Price
$11–$133 /SF/Yr
Price Range
3,744 SF
Avg Space Size
This space is priced 8% below the average of $27.22 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Storefront property - First-floor retail spaces in a four-story mixed-use building undergoing complete renovation, with access to public transportation.
Where is this storefront property located?
The property is located at 5633-53 N Ashland Ave Chicago, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Three first‑floor retail storefronts available for lease; Four‑story, 95,702 SF mixed‑use property undergoing complete renovation; Unit 5647 offers 860 square feet at the corner of Ashland and Olive Avenues
