1700 W. Diversey, Chicago, IL — Lease in Chicago, IL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Chicago, IL 60614
  • Size: 14 SF

Description

Available for immediate occupancy is this 1,745sf retail space for lease. The ground floor unit is located at the northwest corner of Diversey Avenue and Paulina Street. For over 15 years, this space was occupied by Starbucks. The infrastructure is still in place. This is an ideal location for a coffee tenant, donut shop or any other food user that needs great visibility in Chicago's west Lincoln Park neighborhood. The location is easily accessible by the Diversey and Ashland bus lines. Diversey Avenue is a major east-west street connecting the Kennedy Expressway to the west and Lake Shore Drive to the east. Display Location

Market Context

This retail in Chicago, IL is listed for lease across 14 SF. It has been on the market for 101 days. Compare it against other retail listings for lease in Chicago, IL — view the full market.

As of Q1 2026, the Chicago retail market showed average asking rents near $22.27/SF/yr, and cap rates around 8.2%. Source: multiple brokerage reports, Q1 2026.

Retail market FAQ

What is the typical cap rate for retail in Chicago?
About 8.2% as of Q1 2026, per multiple brokerage reports.

Estimated Market Rate

$1.58/SF/mo – $2.13/SF/mo

Mid: $1.86/SF/mo

Estimated total for 14 SF: $26.04 per month

Rate estimator only; cost-of-business estimate unavailable.

Contact

  • Edward Pohn Coldwell Banker — Realty
  • Edward Pohn Coldwell Banker

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