312-269-0220
5518 W Chicago Ave, Chicago, IL for Rent

Retail - For Rent
1/1
11,650 SF | 1 Space

Jul '25


5518 W Chicago Ave
Chicago, IL 60651
Austin


OVERVIEW

Quantum Real Estate Advisors, Inc. (“QREA”) has been retained to exclusively offer for sale an 11,650 square-foot single-tenant retail building located at 5518 W Chicago Ave., Chicago, IL. The free-standing building is leased to Dollar General (S&P: BBB) and is on a 10-year net lease, which commenced in August of 2015 and features (4) 5-year options with 10% rental increases every 5 years. The building was originally constructed in 1975 and sits on approximately 0.58 acres of land. The site benefits from excellent visibility being located directly on the major east/west retail thoroughfare of Chicago Ave., which sees over 8,836 VPD. Additionally, the site is located just east of the Chicago Ave. and Central Ave. lighted intersection which sees an additional 16,373 VPD. The asset is located in a middle-class area, with over 162,486 residents and an average household income of $87,200 within 2 miles of the site. Notable surrounding national tenants include: McDonald’s, Subway, Dunkin’, Walmart, Menards, Ace Hardware, Planet Fitness, and more.

RENTAL DETAILS

SPACE AVAILABLE

11,650 SF

# OF SPACES

1

RENT RATE (MO)

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RENT RATE (YR)

Request Info for Rent

LEASE TYPE

TBD

LEASE LENGTH

Negotiable

AVAILABLE

Jul 31, 2025

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

12,156 SF

YEAR BUILT

1974

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28999 AC

LAND SF

12,632 SF

ZONING

B3-1

ASK ABOUT THIS PROPERTY

Chad FirselQuantum Real Estate Advisors, IncMore Info
312-269-0220

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Chad FirselQuantum Real Estate Advisors, IncMore Info
312-269-0220

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.