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Prime Retail Space in Chicago
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702-704 W Diversey Pkwy, Chicago, IL 60614

3,308 SF retail space in Lincoln Park/Lakeview area.

Space Size1,426 SF - 1,882 SF
Property Size3,308 SF
Days on Market172

Property Features for 702-704 W Diversey Pkwy

General Information

Standard status Active
Size 1,426 SF - 1,882 SF
Property subtype Retail, Office

Building Details

Building Size 3,308 SF
Tenancy Multiple

Spaces For Lease

at 702-704 W Diversey Pkwy Contact us

Ground Floor

Size
1,882 SF
Type
Office, Retail
Availability
Active
Contact us

Mezzanine/Second Floor

Size
1,426 SF
Type
Office, Retail
Availability
Active
Contact us
Listing Agency: Baum Realty Group
Listed By: Doug Renner · License #IL 475.151752
Source: Crexi
Added: Mar 4 Changed: Aug 14 Last Checked: Aug 22 at 3:57PM

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 Baum Realty Group

Investment Insights

Based on property information with market context.

This well-positioned retail space, located on the border of Chicago’s affluent Lincoln Park and Lakeview neighborhoods, offers a total of 3,308 square feet, including 1,882 square feet on the ground floor and 1,426 square feet on the mezzanine or second floor. The property benefits from excellent demographics and strong purchasing power in the surrounding area. It experiences high daily vehicle and foot traffic along Diversey Parkway and Clark Street. The space features approximately 40 feet of prominent frontage with expansive display windows, maximizing visibility. The mezzanine level provides flexible space suitable for retail displays, storage, or office use. The location is steps away from top national and specialty retailers, including Trader Joe’s, Barnes & Noble, J.Crew Factory, Banana Republic Factory, Bluemercury, and Target.

Key Highlights

  • Prime location on the border of Lincoln Park and Lakeview, Chicago.
  • High daily vehicle and foot traffic.
  • 3,308 SF total space (1,882 SF ground floor, 1,426 SF mezzanine).

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Auto Parts Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

8,639
Businesses Nearby
403k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 30% Shops & Services 25% Groceries 23% Superstores 8%
Trader Joe's Groceries
43,874 visits/mo 0.1 miles
Target Superstores
33,595 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
30,960 visits/mo 0.2 miles
McDonald's Dining
29,548 visits/mo 0.3 miles
Binny's Beverage Depot Groceries
26,649 visits/mo 0.2 miles

Demographics for 60614, IL

73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$25.9 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,190 SF
Avg Space Size

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 - 3,308 SF retail space in Lincoln Park/Lakeview area.
Where is this retail space located?
The property is located at 702-704 W Diversey Pkwy Chicago, IL.
What are key features of this property?
This property features: Prime location on the border of Lincoln Park and Lakeview, Chicago.; High daily vehicle and foot traffic.; 3,308 SF total space (1,882 SF ground floor, 1,426 SF mezzanine).
(312) 275-3109 Call to check price and availability
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