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Grocery-Anchored Shopping Center For Rent
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424 W Division St, Chicago, IL 60610

Grocery-anchored shopping center in dense Chicago neighborhood with convenient parking.

Space Size1,104 SF - 2,172 SF
Property Size4,695 SF
Days on Market716

Property Features for 424 W Division St

General Information

Standard status Active
Size 1,104 SF - 2,172 SF
Property subtype Retail

Building Details

Building Size 4,695 SF
Tenancy Multiple

Spaces For Lease

at 424 W Division St Contact us

1234

Size
2,172 SF
Type
Retail
Availability
Active
Contact us

1235A

Size
1,419 SF
Type
Retail
Availability
Active
Contact us

1237

Size
1,104 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Mid-America Real Estate Corporation
Listed By: Brendan Reedy · License #IL 478004552
Source: Crexi
Added: Sep 6, 2024 Changed: Aug 8 Last Checked: Aug 21 at 9:52PM

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 Mid-America Real Estate Corporation

Investment Insights

Based on property information with market context.

This shopping center is anchored by a market-leading grocer with a strong sales history. It is the only grocery-anchored shopping center with a convenient surface parking lot within a 1.5-mile radius. The location benefits from extremely dense surrounding demographics, with 460,000 people residing within a 3-mile radius. Situated at a critical intersection, the property experiences a traffic volume of 30,000 vehicles per day. Numerous new residential developments have recently been completed in the market. The shopping center serves Chicago’s Old Town, Lincoln Park, Gold Coast, and Near North Side neighborhoods.

Key Highlights

  • Grocery‑anchored shopping center - the only one in a 1.5‑mile radius.
  • Densely populated area with 460,000 people within 3 miles.
  • Anchored by a market‑leading grocer with a strong sales history.

Property Analytics

Current Use

Jewel-Osco Grocery & Convenience Store Starbucks Cafe & Coffee Shop TCF Bank ATM Atm higi Medical Clinic Coinstar Kiosk - Bitcoin ... Atm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Food Market Daycare Center Restaurant Butcher Mobile Phone 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

5,940
Businesses Nearby
192k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 46% Groceries 20% Shops & Services 19% Dining 13%
Target Superstores
88,186 visits/mo 0.3 miles
Jewel-Osco Groceries
38,261 visits/mo 0.0 miles
Mobil Shops & Services
15,111 visits/mo 0.5 miles
McDonald's Dining
11,226 visits/mo 0.5 miles
Exxon Shops & Services
10,032 visits/mo 0.4 miles

Demographics for 60610, IL

43,794
Population
30,091
Households
1.5
Avg Household Size
34
Median Age
79%
College-Educated
97%
High-School Grad
1.1 sq mi
ZIP Area
39,813
Density / Sq Mi
$105,649
Median Household Income
$82,934
Median Earnings
$2,029
Median Rent
$543,000
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$21.4 /SF/Yr
Avg Asking Price
$12–$30 /SF/Yr
Price Range
26,628 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Shopping center - Grocery-anchored shopping center in dense Chicago neighborhood with convenient parking.
Where is this shopping center located?
The property is located at 424 W Division St Chicago, IL.
What are key features of this property?
This property features: Grocery‑anchored shopping center - the only one in a 1.5‑mile radius.; Densely populated area with 460,000 people within 3 miles.; Anchored by a market‑leading grocer with a strong sales history.
(630) 954-7390 Call to check price and availability
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