True
Space Available For Lease 1
5041 |
Neil HaleemNetwork Commercial Real Estate |
Contacts
Neil Haleem
Network Commercial Real Estate
Property Details
- Property Type Retail - Street Retail
- Property Size 8,250 SF
- Lot Size 0.42 Acre
- Additional Rent Contact for pricing
- Parking Spaces Avail. 15
- Parking Ratio 1.81 / 1,000 SF
- Year Built 1951
- Date Updated May 14, 2024
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Attachments
Getting around
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Walk Score ®
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Transit Score ®
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Bike Score ®
Location
- City Chicago, IL
- Neighborhood Bronzeville
- Zip Code 60615
- Market Chicago
Points of Interest
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51st
0.04 miles
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47th
0.48 miles
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Garfield
0.52 miles
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43rd
0.99 miles
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Indiana
1.34 miles
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King Drive
1.53 miles
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63rd
1.62 miles
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51st-53rd Street (Hyde Park)
1.64 miles
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State & 37th Street
1.76 miles
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35th-Bronzewille-IIT (34th Street Entrance)
2.14 miles
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GoLo
0.14 miles
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BP
0.50 miles
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Amstar
0.53 miles
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Super Save
0.58 miles
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Shell
0.86 miles
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Mobil
0.90 miles
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Citgo
1.14 miles
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The Roux
1.17 miles
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ChargePoint
1.19 miles
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eVgo
4.51 miles
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Garfield Park & Ride
0.47 miles
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Medical Campus Parking Garage B
1.00 miles
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Campus North Parking Garage
1.09 miles
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Medical Campus Parking Garage A
1.15 miles
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Parkiing / Mat Mgmt
1.21 miles
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Campus South Parking
1.43 miles
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Lexington Parking Lot
1.46 miles
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Lot L
1.75 miles
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Kimbark South Parking Garage
1.75 miles
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Chapin Hall Parking Lot
1.80 miles
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Friistyle
0.01 miles
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The Hot Dog Box
0.04 miles
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Louisiana Famous Fried Chicken
0.04 miles
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Skidoe's Café & Grill
0.05 miles
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Dragon Express
0.47 miles
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Tony's Carryout
0.50 miles
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McDonald's
0.56 miles
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Harold's Chicken Shack
0.57 miles
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Subway
0.61 miles
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Jimmy's Famous Burgers
0.61 miles
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Adom African Market
0.50 miles
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Walmart Neighborhood Market
0.77 miles
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Valley of Jordan
0.96 miles
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WIC Grocery
1.01 miles
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Ross
1.33 miles
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Target
1.34 miles
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Jewel-Osco
1.39 miles
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One Stop Foods
1.44 miles
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Save-A-Lot
1.51 miles
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Mariano's Fresh Market
1.53 miles
5041 S Prairie Ave Listing Brief
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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.
5041 S Prairie Ave is located in Bronzeville, which is home to a total of 6 listing(s). Retail space at 5041 S. Prairie asks $15.00/SF/YR per square foot.
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The property includes 8,250 square feet of retail space for lease. Of this total, 8,250 square feet are General Office.
Lease agreement conditions for the availability at this property include NNN.
In addition to retail space, the property also includes 1 office space(s). Mixed-use buildings combining office space alongside retail present additional opportunities for steady foot traffic and a potentially loyal customer base.
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.
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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.
For car-travelling customers, 5041 S Prairie Ave has a parking ratio of 1.81 / 1,000 SF, offering 15 parking spaces. The size of the space, the quality of the build, special attributes, as well as overall upkeep and property rating can also influence the going rate. For instance, properties that were renovated or rehabilitated more recently bring greater value to tenants.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Bronzeville is 35. The average household income here is $47,209 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.
Contact Listing Broker
Neil Haleem
Network Commercial Real Estate