Listing Agency: Strauss Realty, Ltd. d***@straussrealty.com Show Phone

Listed By: MJ Weinberger · License #475212948 Show Phone

Source: Moodyscre

Added: Mar 3, 2025 Changed: Jul 10 Last Checked: Jul 21 at 6:00AM

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Investment Insights

Based on property information with market context.

This retail property benefits from a daily traffic count of 15,800 vehicles along Grand Avenue. The Hanson Park Metra Station (MDW Line) is located 0.2 miles away, approximately a 5-minute walk. The property is situated within a 3-mile radius that has a population of 412,761, encompassing 150,554 households with an average household income of $95,592. The property has a size of 8,150 square feet.

Key Highlights

• High Traffic Count: 15,800 Vehicles Per Day
• Proximity to Transportation: Just 0.2 miles (5‑minute walk) to Hanson Park Metra Station (MDW Line)
• High Population Density: 412,761 within a 3‑mile radius

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Acupuncture Computer & Electronic Repair Accounting Firm

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

1,076

Businesses Nearby

190k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 61% Groceries 21% Dining 15% Home Improvements & Furnishings 3%

Angelo Caputo's Fresh Markets! Groceries

40,497 visits/mo 0.1 miles

McDonald's Dining

28,311 visits/mo 0.1 miles

Zips Car Wash Shops & Services

25,765 visits/mo 0.3 miles

BP Shops & Services

23,998 visits/mo 0.4 miles

Chase Bank Shops & Services

16,729 visits/mo 0.0 miles

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 property near Hanson Park Metra Station on Grand Avenue.

Where is this retail space located?

The property is located at 5715-5719 W Grand Ave Chicago, IL.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: High Traffic Count: 15,800 Vehicles Per Day; Proximity to Transportation: Just 0.2 miles (5‑minute walk) to Hanson Park Metra Station (MDW Line); High Population Density: 412,761 within a 3‑mile radius