Streetfront Retail
New
For Lease
$36 SF/Yr
5840 W 63rd St, Chicago, IL 60638
Single-unit storefront in Chicago’s Clearing business corridor with access to established commercial surroundings.
Space Size496 SF
Days on Market2
Property Features for 5840 W 63rd St
General Information
Standard status
Active
Size
496 SF
Net Rentable
496 SF
Space & Availability
Available Space
496 SF
Contiguous Space
496 SF
Building Details
Year Built
1970
Listing Agency:
Fireside Realty
Listed By:
Teresa Distasio
(773) 585-2064
Source:
Bktchicago
Added: Sep 5
Last Checked: Sep 5 at 3:26PM
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 Fireside Realty
Investment Insights
Based on property information with market context.
This retail storefront offers one rentable unit totaling 496 SF within a commercial building constructed in 1970. The space is positioned along W 63rd St and is suited to a business seeking a visible presence in an established corridor.
The property is located at 5840 W 63rd St in Chicago’s Clearing area, near Midway Airport and the Midway Business Center. Highways and surrounding suburbs are also within the broader area, providing access to nearby commercial and residential markets.
The property is located at 5840 W 63rd St in Chicago’s Clearing area, near Midway Airport and the Midway Business Center. Highways and surrounding suburbs are also within the broader area, providing access to nearby commercial and residential markets.
Key Highlights
- 496 SF retail unit
- One rentable storefront unit
- Located at 5840 W 63rd St, Chicago, IL 60638
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
607
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
$29.35 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
3,737 SF
Avg Space Size
This space is priced 23% above the average of $29.35 /SF/Yr.
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Similar Off Market Nearby
- Exquisite Detail Designs — 6444 W 65th St, Chicago, IL 60638
- Ely's Flowers — 6206 W 63rd St, Chicago, IL 60638
- beedaydesigns — 6314 S Central Ave, Chicago, IL 60638
Frequently Asked Questions
What type of property is this?
Storefront property - Single-unit storefront in Chicago’s Clearing business corridor with access to established commercial surroundings.
Where is this storefront property located?
The property is located at 5840 W 63rd St Chicago, IL.
What is the lease rate?
The lease rate is $36 SF/Yr.
What are key features of this property?
This property features: 496 SF retail unit; One rentable storefront unit; Located at 5840 W 63rd St, Chicago, IL 60638
