Space Available For Lease 1

1968 W Montrose Avenue

Space Type Street Retail
Lease Rate $28.00/SF/YR
Additional Rent Contact for pricing
Total Space Available 624 SF
Divisible Space 624 - 1,730 SF
Available Date Immediate
Lease Type Modified Gross
Renewal Option Yes
Sublease No

Small shop retail space with significant expansion potential. The subject space formerly operated as a specialty package goods store with an emphasis on rare bourbons and scotches. Package goods licenses are likely available for this location as the space was previously licensed by the City of Chicago for package good sales.

Marcus Sullivan

SVN | Chicago Commercial

Contacts

Marcus Sullivan

SVN | Chicago Commercial

Property Details

Property Type Retail - Street Retail
Property Size 10,000 SF
Units 1
Lot Size 3,125 Acre
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Year Renovated 2009
Date Updated Jan 10, 2025

Ravenswood is a vibrant and sought-after neighborhood in Chicago, known for its charming tree-lined streets, historic architecture, and strong sense of community. Situated just north of Lincoln Square and easy access to downtown, this area blends residential tranquility with a growing commercial presence. The neighborhood offers a unique mix of trendy boutiques, cozy cafes, and artisanal shops, making it an ideal location for businesses looking to attract both locals and visitors. With a diverse and engaged population, Ravenswood is a dynamic spot for retail spaces, combining the best of urban living with neighborhood appeal.This charming retail space in the heart of Ravenswood offers the perfect blend of character and functionality. Featuring exposed brick walls, beautiful hardwood floors, and an abundance of natural light, the space creates a warm and inviting atmosphere that is perfect for a variety of businesses. Located in one of Chicago’s most desirable neighborhoods, the area boasts excellent demographics, with a thriving mix of residents and visitors who enjoy the neighborhood’s unique blend of residential tranquility and local commerce. Positioned just steps from public transportation, this space provides unparalleled convenience for customers and employees alike. The area is known for its exceptional co-tenancy, with a wide range of boutique shops, cafes, and services that attract foot traffic throughout the day. Whether you’re looking to open a new retail venture or expand your business, this space offers an ideal setting in a dynamic and growing community.

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Highlights

Well Positioned Neighborhood Retail Space
Fully Rehabbed Store
Favorable Zoning For Commercial Use
Great Area Co-Tenancy
Strong Day and Evening Demographics

Getting around

95/100
Walk Score ®
71/100
Transit Score ®
93/100
Bike Score ®

Powered by Walk Score ®

City Chicago, IL
Neighborhood Ravenswood
Zip Code 60613
Market Chicago

Points of Interest

Montrose

0.18 miles
Damen

0.33 miles
Irving Park

0.53 miles
Addison

1.02 miles
Paulina

1.29 miles
Sheridan

1.33 miles
Southport

1.46 miles
Belmont

2.32 miles
Granville

2.48 miles
Logan Square

2.69 miles

Mobil

0.32 miles
Shell

0.53 miles
BP

0.86 miles
Citgo

1.02 miles
eVgo

1.38 miles
Volta Charging Station

1.93 miles
ChargePoint

2.36 miles
Tesla Destination Charger

2.37 miles
Tesla Supercharger

2.42 miles
Blink

4.78 miles

Ravenswood Medical Center

0.16 miles
Horner Park Parking

1.02 miles
Cubs Parking

1.17 miles
Cubs Corolla Lot

1.20 miles
Cubs Camry Lot

1.25 miles
Jewel-Osco parking lot

1.36 miles
Cubs Highlander Lot

1.36 miles
Cubs Prius Lot

1.40 miles
Swedish Covenant Hospital

1.40 miles

Marmalade

0.02 miles
Giordano's Pizzeria

0.05 miles
Slim's Chicago

0.06 miles
XOchimilco Mexican Restaurant

0.08 miles
Chicago's Pizza

0.10 miles
La Amistad

0.10 miles
Anna's Thai Kitchen Restaurant

0.16 miles
Bayan Ko Diner

0.17 miles
Culver's

0.17 miles
Subway

0.17 miles

L&M Fine Foods

0.25 miles
Jewel-Osco

0.29 miles
Mariano's Fresh Market

0.55 miles
ALDI

0.57 miles
Trader Joe's

0.83 miles
Spencer's Jolly Posh Foods

0.89 miles
HarvesTime Foods

1.00 miles
Target

1.14 miles
Ándale Market

1.20 miles
Park to Shop Supermarket

1.21 miles

1968 West Montrose Avenue Listing Brief

A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

1968 West Montrose Avenue is located in Ravenswood, which is home to a total of 18 listing(s). Retail space at 1968 W Montrose Avenue asks $28.00/SF/YR per square foot.
The property includes 624 square feet of retail space for lease. Of this total, 624 square feet are Street Retail.

Lease agreement conditions for the availability at this property include Modified Gross.

For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

1968 West Montrose Avenue was last renovated in 2009.

Knowing your ideal customer is essential. For your consideration, the average age of residents in Ravenswood is 36. The average household income here is $76,462 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.