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Three-Unit Street-Level Retail Storefronts
For Lease
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7950-52 S Exchange Ave, Chicago, IL 60617

Three renovated street-level storefronts are available for lease on a modified gross basis, with operator responsibility for utilities and rent.

Space SizeContact for details
Property Size2,150 SF
Days on Market17

Property Features for 7950-52 S Exchange Ave

General Information

Standard status Active
Size 2,150 SF
Property subtype Street Retail
Zoning C1-2
Lease Type MG

Building Details

Building Size 2,150 SF
Year Built 1927
Year Renovated 2026
Tenancy Multi
Listing Agency: 33 Realty
Listed By: Gene Hart · License #475149185
Source: Thebrokerlist
Added: Jul 25 Changed: Jul 26 Last Checked: Aug 9 at 4:25AM

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 33 Realty

Investment Insights

Based on property information with market context.

7950-52 S Exchange is a three-street-level retail storefront property offering separate spaces for lease. The units include 7950 (+/-600 SF) with 10'6" height, 7950.5 (+/-550 SF) with 11'6" height, and 7952 (+/-1,000 SF) with 10'6" height. The property was renovated in 2026.

Each unit is available on a modified gross basis. The operator is responsible for gas, electric, water/sewer (TBD depending on use), trash, and monthly rent.

The property is located in the South Chicago neighborhood, one block south of 79th. It is zoned C1-2.

Key Highlights

  • Three renovated street‑level commercial storefronts for lease in South Chicago at 7950‑52 S Exchange
  • Unit mix: 7950 (+/-600 SF, 10'6" height) for $1,100/month; 7950.5 (+/-550 SF, 11'6" height) for $1,000/month; 7952 (+/-1,000 SF, 10'6" height) for $1,500/month
  • Zoned C1‑2

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Skin Care Clinic Pharmacy

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
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

568
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 51% Groceries 29% Dining 20%
Save-A-Lot Groceries
7,240 visits/mo 0.4 miles
Family Dollar Shops & Services
5,252 visits/mo 0.4 miles
Dollar General Shops & Services
5,093 visits/mo 0.4 miles
Little Caesars Pizza Dining
3,504 visits/mo 0.1 miles
Citgo Shops & Services
2,529 visits/mo 0.5 miles

Demographics for 60617, IL

77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$26.48 /SF/Yr
Avg Asking Price
$0.92–$133 /SF/Yr
Price Range
3,957 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?
Storefront property - Three renovated street-level storefronts are available for lease on a modified gross basis, with operator responsibility for utilities and rent.
Where is this storefront property located?
The property is located at 7950-52 S Exchange Ave Chicago, IL.
What are key features of this property?
This property features: Three renovated street‑level commercial storefronts for lease in South Chicago at 7950‑52 S Exchange; Unit mix: 7950 (+/-600 SF, 10'6" height) for $1,100/month; 7950.5 (+/-550 SF, 11'6" height) for $1,000/month; 7952 (+/-1,000 SF, 10'6" height) for $1,500/month; Zoned C1‑2
More about this property
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