1538 W Chicago Ave

1538 W Chicago Ave, Chicago, IL 60642

Property Information

  • For Lease $32.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 6,400 SF
  • Units 3
  • Lot Size 0.07 Acre
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1930
  • Year Renovated 2026
  • Date Updated Oct 30, 2026

Description

Chicago’s West Town neighborhood, located just northwest of the Loop and encompassing Wicker Park, Ukrainian Village, and parts of Noble Square, has emerged as one of the city’s most dynamic and sought-after submarkets. Known for its blend of historic character and modern infill development, West Town offers a highly walkable, amenity-rich environment anchored by strong retail corridors along Milwaukee Avenue, Division Street, and Chicago Avenue. The area attracts a diverse mix of creative office users, boutique retailers, and established restaurant and bar concepts, supported by a dense residential base and continued population growth. With convenient access to downtown via the CTA Blue Line and major arterial roadways, West Town continues to appeal to both investors and occupiers seeking a vibrant, well-connected urban location with long-term growth potential.Prime opportunity to lease 3,000 SF of ground-floor retail space along Chicago Avenue in Chicago’s sought-after West Town neighborhood. Located within a fully renovated building, the space features a new storefront, updated mechanicals, 12’ ceilings, 400A electrical service, exposed brick, and additional basement storage. Surrounded by established retailers, restaurants, and a strong residential base, the property offers excellent visibility and exposure within one of Chicago’s vibrant and growing retail corridors.

Highlights

  • 3,000 SF of ground-floor retail space with great visibility and brand exposure.
  • Additional basement storage space is included.
  • Available immediately.
  • Excellent retail co-tenancy in the immediate area.
  • Premier West Town retail opportunity located in a fully rehabbed building along Chicago Avenue.
  • Space features a new storefront, new mechanicals, 12’ ceiling heights, 400A electrical service and exposed brick walls.

1 Space Available

1538

Space Type

Street Retail

Lease Rate

$32.00/SF/YR

Total Space

3,000 SF

Floor

Ground

Divisible Space

3,000 - 3,000 SF

Available Date

Immediate

Lease Type

NNN

Renewal Option

Yes

Sublease

No

Contacts

Location

Located at 1538 W Chicago Ave, Chicago, IL 60642, this property is part of the Noble Square neighborhood and Chicago market.

Contact Listing Broker
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