Corner Retail
New
For Lease
$25 SF/Yr
5633-53 N Ashland Ave Unit 5647, Chicago, IL 60660
First-floor storefront in a renovated mixed-use building with access to public transportation and nearby retail and dining.
Space Size780 SF - 2,120 SF
Property Size95,702 SF
Days on Market2
Property Features for 5633-53 N Ashland Ave Unit 5647
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:
Grandviewrealtyservices
Added: Sep 4
Last Checked: Sep 4 at 3:28PM
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.
Unit 5647 offers 860 square feet of first-floor retail space within a four-story mixed-use building built in 1939. The building is undergoing a complete renovation, and the corner storefront fronts the intersection of Ashland and Olive Avenues. The space was formerly used as a restaurant and is part of a larger first-floor retail offering that includes additional storefronts. Units 5647 and 5649 may be combined.
The property is in Chicago’s Andersonville neighborhood, approximately six miles north of downtown. 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. The location also provides access to public transportation, the Bryn Mawr “L” stop, expressways, and the lakefront.
The property is in Chicago’s Andersonville neighborhood, approximately six miles north of downtown. 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. The location also provides access to public transportation, the Bryn Mawr “L” stop, expressways, and the lakefront.
Key Highlights
- 860 SF corner retail unit at Ashland and Olive Avenues
- First floor of a 95,702 SF mixed‑use property
- Four‑story building undergoing a complete renovation
Property Analytics
Property Profile
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
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
Market
Lease Benchmarks for Chicago, IL
$27.62 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,516 SF
Avg Space Size
This space is priced 9% below the average of $27.62 /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?
Retail space - First-floor storefront in a renovated mixed-use building with access to public transportation and nearby retail and dining.
Where is this retail space located?
The property is located at 5633-53 N Ashland Ave Unit 5647 Chicago, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 860 SF corner retail unit at Ashland and Olive Avenues; First floor of a 95,702 SF mixed‑use property; Four‑story building undergoing a complete renovation
