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Retail Space with Central Air
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7522 W 63rd Street, Summit, IL 60501

Commercial Lease, Summit, IL

Space Size2,000 SF
Days on Market7

Property Features for 7522 W 63rd Street

General Information

Property type Commercial Lease
Property subtype Retail
Zoning RTAIL
Directions 63rd Street West of Harlem Ave
Subdivision Summit
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13868

Utilities

Cooling system Central Air

Building Details

Year built 1962
Floors in Building 1
Number of units 1
Building materials Brick, Block
Listing Agency: Blue Fence Real Estate Inc.
Listed By: Doug Anderson · License #IL471.001723
Added: Sep 10 Last Checked: Sep 16 at 5:06AM
MLS# 12756458

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This retail space offers 2,000 sq ft within a 20x100 layout. Brick and block construction, central air, and a 1962 construction date provide the core physical profile for the space.

The property is positioned on W 63rd Street, west of Harlem Avenue and near the City of Chicago. Its street-facing setting supports retail visibility, while the existing configuration provides a straightforward commercial footprint for a storefront user.

Key Highlights

  • 2,000 sq ft retail space
  • 20x100 layout
  • Located on W 63rd Street, west of Harlem Avenue

Property Analytics

Current Use

Retail space

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

512
Businesses Nearby
28k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 79% Dining 18% Home Improvements & Furnishings 3%
Dollar Tree Shops & Services
15,162 visits/mo 0.4 miles
BP Shops & Services
6,976 visits/mo 0.2 miles
El Famous Burrito Dining
4,946 visits/mo 0.1 miles
C. C. Wagner & Company Home Improvements & Furnishings
849 visits/mo 0.3 miles

Demographics for 60501, IL

11,746
Population
4,134
Households
2.8
Avg Household Size
34
Median Age
13%
College-Educated
69%
High-School Grad
4.4 sq mi
ZIP Area
2,670
Density / Sq Mi
$62,110
Median Household Income
$34,728
Median Earnings
$1,017
Median Rent
$227,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Brick-and-block retail space with central air near Harlem Avenue.
Where is this retail space located?
The property is located at 7522 W 63rd Street Summit, IL.
What are key features of this property?
This property features: 2,000 sq ft retail space; 20x100 layout; Located on W 63rd Street, west of Harlem Avenue
More about this property
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