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    1001 N Western Ave Chicago, IL 60622

    Sponsored
    For Lease
    Contact for pricing

    COMMERCIAL - Chicago, IL

    Type:Retail
    Days on Market:
    89
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 1001 N Western Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active

    Building Details

    Year built
    1922
    Floors in Building
    1

    Berkshire Hathaway HomeServices American Heritage Real Estate (847) 806-8336 [email protected]

    Listing agent Joseph Caravette (312) 925-6897

    Listing date Oct 9, 2025

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Western Avenue

    This retail space is located at the corner of Augusta and Western Avenue in Chicago, IL. The property features a newly renovated exterior store facade with new glass and steel. The space is designed for a high-traffic, walk-in business. The interior features an open layout with 14-foot tin ceilings and wood-look flooring. A half bath is included. The property is ready for immediate move-in and is suitable for various business types. It is located across from St. Helen grammar school. The zoning is B3-2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    InFlorEscence Florist

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6866026
    Latitude
    41.8995148

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    FAQs

    What type of property is this?
    Retail space - Retail space with new facade in high-traffic Chicago location.
    Where is this retail space located?
    The property is located at 1001 N Western Ave Chicago, IL.
    What are key features of this property?
    This property features: - High-traffic corner location at Augusta & Western Ave.; - Newly renovated exterior facade with glass and steel.; - Wide-open interior space with **14-foot tin ceilings.**
    (847) 806-8336
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1001 N Western Ave Chicago, IL 60622
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