4901 Irving Park RdChicago, IL 60641

For Lease
$10-$18 /SF/YR

Chicago Retail Space: High-Visibility Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
92
Portage Square, a two-story retail and office shopping center located at 4901 W Irving Park Rd in Chicago, IL, presents a compelling investment opportunity. This 60,448 square foot property sits on a 3-acre lot in Cook County (APN: 13-21-202-050-0000) and boasts 180 parking spaces, ensuring ample convenience for customers and employees. Built in 1957, the property offers a blend of established presence and redevelopment potential. Currently, there are multiple tenants, with a significant portion of the space available for lease. A total of 32,590 square feet is currently vacant, offering flexible options for prospective tenants. Spaces range from 4,000 to 18,000 square feet, catering to a variety of business needs. The property's prime location in Chicago's vibrant 60641 zip code ensures high visibility and accessibility. This is an exceptional chance to acquire a well-situated retail and office center with significant upside potential in a bustling Chicago neighborhood. The property's size and layout provide opportunities for both individual tenants and larger businesses seeking substantial space. The substantial vacant square footage presents a unique opportunity to customize the space to meet specific business requirements. This property is ideal for businesses seeking a strong presence in a well-established commercial area.

Highlights

  • Multiple second-floor suites available near Portage Park's Six Corners intersection.
  • High-visibility second-floor space with extensive frontage on Irving Park Road.
  • 18,000 SF, two-story, fully built-out fitness center space available (formerly Retro Fitness).
  • Binny's Beverage Depot anchors the Retro Fitness space.
  • Ample private parking lot.
  • Excellent location within one mile of I-90, the CTA Blue Line, and two Metra lines.

Property Details for 4901 Irving Park Rd

Property type
Lifestyle centers, Power centers
RSF (Rentable sq. ft)
60,448 SF
Year Built
1957
Stories
2

Unit(s) available at that property

Space
Suite 218
Size
5,147 SF
Rate per SF
$10
Space
Suite 219
Size
5,443 SF
Rate per SF
$10
Space
LL
Size
18,000 SF
Rate per SF
$18
Space
Suite 200
Size
4,000 SF
Rate per SF
$10

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9533814
Longitude
-87.7499234
4901 Irving Park Rd, Chicago, Illinois

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4901 Irving Park Rd
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