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Grocery-Anchored Retail Space
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5813 S Archer Ave, Chicago, IL 60638

Two available configurations include an endcap with street frontage and an inline outparcel unit.

Space Size1,200 SF
Days on Market156

Property Features for 5813 S Archer Ave

General Information

Standard status Active
Size 1,200 SF
Net Rentable 1,200 SF
Property subtype Retail
Lease Type NNN

Space & Availability

Available Space 1,200 SF
Space Use Retail

Lease Terms

Lease Rate $22 /USD/SF/YR
Monthly Rent $2,200
Rent per SF/Year $22

Site & Location

Corner Location Yes
Anchor Co-Tenants Shop 'n Save
Traffic Count 49,000 vehicles/day
Road Access Yes

Amenities

signalized corner
full ingress/egress access from both streets
generous shared parking
adjacent CTA bus stops
proximity to Chicago Midway International Airport
proximity to I-55
proximity to CTA Orange Line

Building Details

Tenancy Multiple

Spaces For Lease

at 5813 S Archer Ave Contact us

5839

Size
1,200 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Brookline Real Estate
Listed By: Michael Asfour · License #IL
Source: Crexi
Added: Apr 1 Changed: Sep 3 Last Checked: Sep 2 at 3:19PM

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 Brookline Real Estate

Investment Insights

Based on property information with market context.

This retail center offers two available spaces at 5813-5857 S Archer Ave. Unit 5821 contains 1,200 SF and is an endcap with direct Archer Ave frontage; availability begins 5/1. Unit 5839 provides 1,200 SF in an outparcel inline configuration. Both options are supported by shared parking and access from Archer Ave and Central Ave.

Shop 'n Save brings more than 839,000 annual visitors to the center. The property is positioned at the signalized Archer Avenue and Central Avenue intersection, with 49,000 combined daily vehicle trips. Chicago Midway International Airport is one block away, CTA bus stops are adjacent to both arterials, I-55 is 1 mile away, and the CTA Orange Line is 2 miles from the center. Walgreens and 7-Eleven are immediate neighbors.

Key Highlights

  • Two 1,200 SF spaces available: Unit 5821 and Unit 5839
  • Unit 5821 is an endcap with direct Archer Ave frontage; available 5/1
  • Unit 5839 is an outparcel inline unit

Property Analytics

Current Use

K's Nails Nail Salon Tegtmeier LLC Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Law Firm Garden Center (Bike/Boat/Book/etc) Store Bakery 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

49,000 VPD
Traffic count
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

610
Businesses Nearby

Demographics for 60638, IL

56,928
Population
21,636
Households
2.6
Avg Household Size
39
Median Age
24%
College-Educated
84%
High-School Grad
11.1 sq mi
ZIP Area
5,129
Density / Sq Mi
$89,191
Median Household Income
$50,902
Median Earnings
$1,327
Median Rent
$283,500
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 20% below the average of $27.62 /SF/Yr.

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 - Two available configurations include an endcap with street frontage and an inline outparcel unit.
Where is this retail space located?
The property is located at 5813 S Archer Ave Chicago, IL.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Two 1,200 SF spaces available: Unit 5821 and Unit 5839; Unit 5821 is an endcap with direct Archer Ave frontage; available 5/1; Unit 5839 is an outparcel inline unit
(630) 590-5910 Call to check price and availability
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