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New Construction Retail Space
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7131 N Western Ave, Chicago, IL 60622

Flexible retail configurations include endcap and inline positions with on-site parking.

Space Size4,400 SF
Days on Market94

Property Features for 7131 N Western Ave

General Information

Standard status Active
Size 4,400 SF
Class Unclassified
Property subtype retail

Site & Location

Anchor Co-Tenants Starbucks, Wing Stop
Road Access Yes

Additional Details

Space Use Retail

Amenities

parking

Spaces For Lease

at 7131 N Western Ave
Available Space Immediately
Floor 1
Size 4,400 SF
Contact us
Listing Agency: Chicago
Listed By: Courtney Rouleau · License #475162916
Source: Property.jll
Added: Jul 16 Changed: Oct 15 Last Checked: Oct 16 at 5:57AM

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 Chicago

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Investment Insights

Based on property information with market context.

New construction retail space at 7131 N Western Ave in Chicago offers 4,400 square feet with endcap and inline configurations. On-site parking and access to Touhy and Western Avenue support convenient customer and employee arrival.

Starbucks and Wing Stop are planned nearby, contributing to activity throughout the day. The property also benefits from commuter movement to and from Lake Shore Drive, placing the space within an established north-side travel pattern.

Key Highlights

  • 4,400 SF of new construction retail space
  • Endcap and inline positions available
  • On‑site parking included

Property Analytics

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Open Analytics

Current Use

Mc Phee Sr ... Physician 7131 N Western ... Apartment Building Buffalo Wild Wings Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Gym & Fitness Center Cafe & Coffee Shop Skin Care Clinic

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
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,611
Businesses Nearby
123k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 57% Dining 39% Electronics 3%
McDonald's Dining
21,645 visits/mo 0.3 miles
Chase Bank Shops & Services
16,563 visits/mo 0.1 miles
Marathon Shops & Services
13,438 visits/mo 0.1 miles
Mobil Shops & Services
13,169 visits/mo 0.4 miles
Starbucks Dining
12,091 visits/mo 0.1 miles

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Chicago, IL

$25.24 /SF/Yr
Avg Asking Price
$8–$114 /SF/Yr
Price Range
8,899 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

Frequently Asked Questions

What type of property is this?
Retail space - Flexible retail configurations include endcap and inline positions with on-site parking.
Where is this retail space located?
The property is located at 7131 N Western Ave Chicago, IL.
What are key features of this property?
This property features: 4,400 SF of new construction retail space; Endcap and inline positions available; On‑site parking included
More about this property
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