301 North AveChicago, IL 60610

For Lease
$50/SF/YR

Chicago Retail: 1,312-22,000 SF Available

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional retail opportunity presents 23,312 square feet of vacant space at 301 W North Avenue in Chicago's vibrant Old Town neighborhood. Located on a high-profile corner, the property boasts 39 feet of frontage on North Avenue and offers ample street parking. Units range from a minimum of 1,312 square feet to a maximum contiguous space of 22,000 square feet, providing flexibility for various retail concepts. The space features floor-to-ceiling windows, 13-foot ceilings, and benefits from its location within a six-story luxury apartment building with 69 units. Building amenities include a rooftop deck, fitness center, outdoor kitchen, fire pit, wading pool, and community lounge, attracting a high-end demographic with an average household income exceeding $144,000. The property's strategic location provides easy access to the CTA Brown Line (Sedgwick station), boasting 1 million annual riders, and is just one mile from North Avenue Beach and Lake Shore Drive. The area experiences a high volume of pedestrian traffic (VPD 33,183), making it an ideal location for a variety of retail businesses. The property is zoned B3-5. This is a truly unique opportunity to establish a thriving business in a highly desirable and densely populated area.

Highlights

  • 1,312 SF ground floor space.
  • 22,000 SF lower level with 13'-17' ceiling heights.
  • 39-foot frontage on North Avenue.
  • Strong demographics: 83,111 population, $141,699 average household income.
  • High visibility: 33,183 vehicles per day.
  • $50/SF purchase price, $11.60/SF NNN.

Unit(s) available at that property

Space
Retail 1 Ground Floor
Size
1,312 SF
Rate per SF
$50

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.910879
Longitude
-87.637146
301 North Ave, Chicago, Illinois

FAQs

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301 North Ave
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