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Six-Story Mixed-Use Building
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845 W Chicago Avenue, Chicago, IL 60642

Brick loft property with retail frontage, passenger elevator, exposed finishes, and adaptable commercial space.

Property SizeContact for details
Days on Market143

Property Features for 845 W Chicago Avenue

General Information

Standard status Active
Property subtype Special Purpose, Land
Zoning DS 5
Occupancy 80%

Additional Details

Corner Location Yes
Sprinkler System Yes

Amenities

passenger elevator
original exposed brick walls
exposed heat and AC ceiling ducts

Building Details

Stories 6
Construction brick loft timber
Listing Agency: CENTURY 21 Circle
Listed By: Mark Ahmad · License #IL 471007186
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 10:10PM

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 CENTURY 21 Circle

Investment Insights

Based on property information with market context.

This mixed-use property is a six-story brick loft building with a passenger elevator, exposed brick walls, wide windows, and ceiling-mounted heat and AC ducts. Floor plates include 13-foot and 12-foot ceiling heights, two stairways, and separate large men’s and women’s restrooms on each level. A sprinkler system serves the building, with rooftop furnaces dated 2010 and 2020 and an additional 2009 reference in the property details.

The street-level commercial component contains approximately 10,000 square feet of retail space and is currently described as established. Overall occupancy is approximately 80%. The property is located at the corner of Chicago Avenue and Green Street, west of Halsted Street, with access to downtown Chicago, Michigan Avenue, major roads, interstate routes, bus stops, and a nearby train station. DS 5 zoning places the property within the downtown service district. Multifamily apartment conversion is identified as a possible future direction in the property information.

Key Highlights

  • Six‑story brick loft building with passenger elevator and exposed brick interiors
  • Approximately 10,000 square feet of street‑level retail space
  • Approximately 80% occupied

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Restaurant Adult Day Care Tanning Salon Clothing & Fashion 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

80%
Occupancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

4,372
Businesses Nearby
41k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 52% Dining 48%
Dunkin' Donuts Dining
12,619 visits/mo 0.3 miles
Chase Bank Shops & Services
9,590 visits/mo 0.3 miles
Starbucks Dining
5,046 visits/mo 0.4 miles
U.S. Bank Shops & Services
4,983 visits/mo 0.2 miles
FedEx Office Print & Ship Center Shops & Services
3,195 visits/mo 0.5 miles

Demographics for 60642, IL

21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value

Market

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?
Mixed-use property - Brick loft property with retail frontage, passenger elevator, exposed finishes, and adaptable commercial space.
Where is this mixed-use property located?
The property is located at 845 W Chicago Avenue Chicago, IL.
What are key features of this property?
This property features: Six‑story brick loft building with passenger elevator and exposed brick interiors; Approximately 10,000 square feet of street‑level retail space; Approximately 80% occupied
(773) 983-1553 Call to check price and availability
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