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Retail Space at Signalized Intersection
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7120 S Yates Blvd, Chicago, IL 60649

Two spaces accommodate retail or office use at the 71st Street and Yates Boulevard junction.

Space Size850 SF
Days on Market4

Property Features for 7120 S Yates Blvd

General Information

Standard status Active
Size 850 SF
Property subtype RETAIL
Lease Type NNN

Additional Details

Anchor Co-Tenants Harold's Chicken, Spotless Solutions Laundromat, United Schools of Survival Martial Arts School

Building Details

Tenancy Multi

Spaces For Lease

at 7120 S Yates Blvd
7118 S Yates Blvd $25/SF/Yr
Floor 1
Size 850 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
– Two retail / office spaces for lease in highly-visible neighborhood at the signalized intersection of 71st Street & Yates Blvd – Co-Tenant’s include Harold’s Chicken, Spotless Solutions Laundromat, United Schools of Survival Martial Arts School – Ideal for neighborhood serving retail, food, medical, and service users – Strong exposure with traffic counts exceeding 26,000 vehicles per day at the intersection – Minutes from The University of Chicago, the Obama Presidential Center, Jackson Park, South Shore Cultural Center, and the Museum of Science & Industry – Dense South Shore trade area with 45,636 residents within 1 mile, 214,663 within 3 miles, and 433,216 within 5 miles
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Listing Agency: Miller Chicago
Listed By: Andrea Miller · License #471016960
Source: Moodyscre
Added: Oct 8 Changed: Oct 10 Last Checked: Oct 10 at 2:25AM

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 Miller Chicago

Investment Insights

Based on property information with market context.

Two retail and office spaces are available at 7120 S Yates Blvd, with 850 SF listed. The property sits at the signalized junction of 71st Street and Yates Boulevard. Co-tenants include Harold’s Chicken, Spotless Solutions Laundromat, and United Schools of Survival Martial Arts School.

The intersection sees traffic counts exceeding 26,000 vehicles per day. The surrounding trade area has 45,636 residents within 1 mile, 214,663 within 3 miles, and 433,216 within 5 miles. Nearby destinations include the University of Chicago, the Obama Presidential Center, Jackson Park, South Shore Cultural Center, and the Museum of Science & Industry.

Key Highlights

  • Two retail and office spaces available; 850 SF listed
  • Signalized intersection of 71st Street and Yates Blvd
  • Traffic counts exceed 26,000 vehicles per day at the intersection

Property Analytics

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Current Use

SPOTLESS SOLUTIONS LAUNDROMAT (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Building Supply Dental Office HVAC Service Auto Parts Store Big Box & Wholesale 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,362
Businesses Nearby
33k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 53% Electronics 18% Apparel 10% Home Improvements & Furnishings 9%
Family Dollar Shops & Services
9,579 visits/mo 0.2 miles
Boost Mobile Electronics
3,937 visits/mo 0.4 miles
Chase Bank Shops & Services
3,829 visits/mo 0.3 miles
DTLR/VILLA Apparel
3,342 visits/mo 0.4 miles
Citgo Shops & Services
3,220 visits/mo 0.4 miles

Demographics for 60649, IL

48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chicago, IL

$25.49 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,917 SF
Avg Space Size

This space is priced 2% below the average of $25.49 /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 spaces accommodate retail or office use at the 71st Street and Yates Boulevard junction.
Where is this retail space located?
The property is located at 7120 S Yates Blvd Chicago, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Two retail and office spaces available; 850 SF listed; Signalized intersection of 71st Street and Yates Blvd; Traffic counts exceed 26,000 vehicles per day at the intersection
(312) 513-8333 Call to check price and availability
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