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Storefront with Open Floor Plan
New
For Lease
$1,600/Mo

7041 W Addison Street #Storefront, Chicago, IL 60634

Flexible storefront with supplemental plumbing, in-wall A/C, baseboard heat, dedicated storage, and shared yard access.

Space SizeContact for details
Days on Market3

Property Features for 7041 W Addison Street #Storefront

General Information

Standard status Active
Total Parking Spaces 1

Additional Details

Space Use Retail
Highway Access Yes

Taxes and HOA fees

Annual Taxes $6,752

Amenities

additional plumbing hookups
dedicated on-site storage
in-wall A/C
baseboard heating
coin-operated laundry washer and dryer
shared yard

Building Details

Year Built 1931
Stories 1
Listing Agency: HomeSmart Connect LLC
Listed By: Elva Martinez · License #475151213
Source: Allinonerealestateco
Added: Aug 26 Changed: Aug 28 Last Checked: Aug 28 at 11:31AM

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 HomeSmart Connect LLC

Investment Insights

Based on property information with market context.

This storefront property features an open interior layout suited to retail, office, or service operations. Additional plumbing hookups support uses such as a barber shop, hair or beauty salon, dog grooming facility, or medical and wellness space. The unit also includes dedicated storage, in-wall A/C, and baseboard heating. The building was constructed in 1931.

The property is in Schorsch Village near Jefferson Park, with access to I-90 and connections toward downtown Chicago and the western suburbs. Harlem Irving Plaza is nearby, and the property is within Chicago Public School District 299. One assigned parking space is provided along the building, along with access to a shared yard. Basement laundry equipment with coin-operated washer and dryer is also available.

Key Highlights

  • Open floor plan for retail, office, or service uses
  • Additional plumbing hookups for salon, grooming, medical, or wellness applications
  • Dedicated in‑unit storage with in‑wall A/C and baseboard heating

Property Analytics

Current Use

Angelique Hair Design Hair Salon

Suggested Use

Top Pick Law Firm Parking Lot & Garage Hotel & Motel (Bike/Boat/Book/etc) Store Food Market Acupuncture

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$3.39 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,313
Businesses Nearby
87k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 74% Shops & Services 26%
McDonald's Dining
30,205 visits/mo 0.3 miles
BP Shops & Services
17,718 visits/mo 0.2 miles
Starbucks Dining
13,460 visits/mo 0.2 miles
Taco Bell Dining
7,993 visits/mo 0.3 miles
KFC Dining
6,088 visits/mo 0.4 miles

Demographics for 60634, IL

75,694
Population
29,344
Households
2.6
Avg Household Size
41
Median Age
27%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
10,661
Density / Sq Mi
$84,997
Median Household Income
$46,694
Median Earnings
$1,271
Median Rent
$333,900
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$26.81 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
3,584 SF
Avg Space Size

This space is priced 16% below the average of $26.81 /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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Flexible storefront with supplemental plumbing, in-wall A/C, baseboard heat, dedicated storage, and shared yard access.
Where is this storefront property located?
The property is located at 7041 W Addison Street #Storefront Chicago, IL.
What is the lease rate?
The lease rate is $1,600/Mo.
What are key features of this property?
This property features: Open floor plan for retail, office, or service uses; Additional plumbing hookups for salon, grooming, medical, or wellness applications; Dedicated in‑unit storage with in‑wall A/C and baseboard heating
More about this property
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