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551 W North Ave
Chicago, IL 60610
Affinity on North Ave · Retail Property For Lease
HIGHLIGHTS
- Prime retail space available in Chicago’s Old Town neighborhood.
- Column-free layout with excellent frontage on North Avenue.
- Surrounded by high-income households and strong daytime population.
- ±950–2,577 SF with hard corner visibility at North & Larrabee.
- One block from North/Clybourn CTA station with nearly 1M annual riders.
- Co-tenancy with leading retailers including Apple, Starbucks, and CB2.
PROPERTY FACTS
| Total Space Available | 2,577 SF | Property Subtype | Apartment |
| No. Units | 59 | Apartment Style | Low-Rise |
| Min. Divisible | 950 SF | Building Size | 99,455 SF |
| Property Type | Multifamily | Year Built | 2002 |
| Total Space Available | 2,577 SF |
| No. Units | 59 |
| Min. Divisible | 950 SF |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Size | 99,455 SF |
| Year Built | 2002 |
ABOUT THE PROPERTY
Position your business in one of Chicago’s most vibrant neighborhoods at Affinity at North Avenue, located at 557 West North Avenue in Old Town. This premier retail opportunity offers ±950–2,577 SF of highly visible space at the southeast corner of North Avenue and Larrabee Street, a prime intersection with strong traffic counts of approximately 23,900 vehicles per day. The space features a column-free layout and ample frontage along North Avenue, providing excellent branding and display potential. Situated at the base of a 59-unit luxury residential building, the property benefits from a built-in customer base and is surrounded by a dense, affluent population. Within a one-mile radius, the average household income exceeds $179,000, and the daytime population surpasses 71,000, creating a robust consumer market. The location is just one block east of the North/Clybourn CTA station, which sees nearly one million annual riders, ensuring strong transit accessibility for both customers and employees. The surrounding trade area is anchored by top-tier retailers and lifestyle brands, including Apple, Starbucks, CB2, Design Within Reach, Mariano’s, and Veterinary Emergency Group, creating a dynamic retail environment. This is an exceptional opportunity for retailers seeking a high-profile location in a thriving urban corridor with unmatched visibility and connectivity.
