Renovated Retail Space in
For Lease
$25 SF/Yr
5633-53 N Ashland Avenue #5649, Chicago, IL 60660
Retail spaces for lease in a renovated mixed-use building.
Space SizeContact for details
Days on Market402
Property Features for 5633-53 N Ashland Avenue #5649
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$230,999
Amenities
Central air
Central Air Cooling
Building Details
Year Built
1939
Listing Agency:
MILLENNIUM PROPERTIES RE, INC.
(312) 338-3000
Listed By:
SUSAN SILVER · License #475136992
Source:
Corcoran
Added: Jul 9, 2025
Changed: Aug 13
Last Checked: Aug 13 at 8:19AM
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 retail spaces are available for lease in a four-story, mixed-use building undergoing complete renovation. Unit 5647 offers 860 square feet of retail space at the corner of Ashland and Olive Avenues. The property is located in the Andersonville neighborhood and is surrounded by restaurants, cafes, and convenience stores, with access to public transportation and the Bryn Mawr "L" stop. This location is suitable for a restaurant, cafe, boutique, or retail establishment. Andersonville, approximately six miles north of downtown, is a diverse neighborhood with low-rise buildings, pedestrian-oriented streets, specialty restaurants, and historic architecture. The location attracts a great number of visitors. The first floor of a 95,702 square foot mixed-use property is undergoing a complete renovation. It is located in the heart of Andersonville between Hollywood Boulevard and Olive Avenue, with easy access to public transportation and expressways. Businesses nearby 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 available retail storefronts include a 2,120 square foot former restaurant, an 860 square foot space (Unit 5647), and a 780 square foot space (Unit 5649). Units 5647 and 5649 can be combined.
Key Highlights
- Prime Andersonville location with high foot traffic and established businesses.
- Part of a completely renovated, mixed‑use building.
- 860 SF corner retail space, formerly a restaurant**, Unit 5647.
Property Analytics
Property Profile
Current Use
Lease Details
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
$25.68 /SF/Yr
Avg Asking Price
$8–$80 /SF/Yr
Price Range
8,912 SF
Avg Space Size
This space is priced 3% below the average of $25.68 /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 - Retail spaces for lease in a renovated mixed-use building.
Where is this retail space located?
The property is located at 5633-53 N Ashland Avenue #5649 Chicago, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Prime Andersonville location with high foot traffic and established businesses.; Part of a completely renovated, mixed‑use building.; 860 SF corner retail space, formerly a restaurant**, Unit 5647.
