Wicker Park New Retail
For Lease
Contact for pricing
1318 N Western Ave, Chicago, IL 60622
New construction retail or office space in trendy Wicker Park.
Space Size1,700 SF
Days on Market1740
Property Features for 1318 N Western Ave
General Information
Standard status
Active
Size
1,700 SF
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
1,700 SF
Year Built
2020
Tenancy
Single
Spaces For Lease
at 1318 N Western Ave Contact us- Size
- 1,700 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Available Space
Listing Agency:
Colliers - Chicago Downtown, Illinois
(312) 751-0300
Listed By:
Hunter Cannon · License #IL 475164446
Source:
Crexi
Added: Nov 16, 2021
Changed: Aug 16
Last Checked: Aug 21 at 6:56AM
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 Colliers - Chicago Downtown, Illinois
Investment Insights
Based on property information with market context.
This new construction commercial space offers approximately 1,700 square feet suitable for street retail or office use. The space features high ceilings and 50 feet of store frontage with large windows. Situated in Chicago's Wicker Park neighborhood, known for emerging bands, high fashion boutiques, gourmet restaurants, upscale grocers, and artsy businesses, the location was recently named one of Forbes's hippest hipster neighborhoods in the US. The building is located next to Presence Saint Mary's & Elizabeth Hospital, which employs over 2,100 people. Ideal uses include retail, service retail, medical, financial services, or real estate. The property benefits from heavy vehicle traffic and high mobility scores. The location is approximately 5.5 blocks from the Western or Damen Blue Line L Stops.
Key Highlights
- High‑traffic location in trendy Wicker Park, recently ranked a top hipster neighborhood by Forbes.
- New construction (2020) with approximately 1,700 SF of flexible commercial space suitable for retail or office.
- 50 feet of store frontage with large windows.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,412
Businesses Nearby
77k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 76%
Dining 19%
Electronics 2%
Home Improvements & Furnishings 2%
Circle K
Shops & Services
17,408 visits/mo
0.4 miles
Shell
Shops & Services
11,035 visits/mo
0.4 miles
Mobil
Shops & Services
10,571 visits/mo
0.5 miles
Chipotle Mexican Grill
Dining
8,995 visits/mo
0.4 miles
Family Dollar
Shops & Services
7,238 visits/mo
0.4 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
Market
Lease Benchmarks for Chicago, IL
$25.9 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,190 SF
Avg Space Size
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - New construction retail or office space in trendy Wicker Park.
Where is this retail space located?
The property is located at 1318 N Western Ave Chicago, IL.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: High‑traffic location in trendy Wicker Park, recently ranked a top hipster neighborhood by Forbes.; New construction (2020) with approximately 1,700 SF of flexible commercial space suitable for retail or office.; 50 feet of store frontage with large windows.
