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    1901 W Chicago Ave Chicago, IL 60622

    New
    For Lease
    $30 SF/Yr

    Neighborhood Storefront - Chicago, IL

    Days on Market:
    3
    Last Refresh:
    Dec 13 at 11:06 pm

    Property Features for 1901 W Chicago Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2008
    Architectural style
    Other

    Pearson Group LLC (773) 325-2800 [email protected]

    Listing agent David McLennan (773) 325-2800 License #475165323

    Listing date Dec 11, 2025

    MLS# 12523179 Listing URL

    Copyright © 2025 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

    Corner Storefront in Chicago, IL

    This commercial space is located at the southwest corner of the signalized intersection of West Chicago Avenue and Wolcott Avenue, in the West Town, East Village, and Ukrainian Village neighborhoods. The space features a contemporary, open interior with high ceilings and large windows on both the Chicago Avenue and Wolcott Avenue sides. The space is currently used as a hair salon and spa, but could also function as retail, showroom, service, or office space. The monthly rent is $3,700, plus $100 for water and trash pickup. For a future hair salon, the existing furniture, fixtures, and equipment are available for purchase.
    Location Intelligence

    Current Use by Public Records

    Glam Lab Makeup ... Make-Up Artist Black Artists Network Art Gallery Covid-19 Check Medical Laboratory

    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
    -87.6747775
    Latitude
    41.8956745

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    FAQs

    What type of property is this?
    Retail space - Highly visible corner space in West Town/East Village/Ukrainian Village.
    Where is this retail space located?
    The property is located at 1901 W Chicago Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Prime corner location at the signalized intersection of W. Chicago Ave and Wolcott Ave.; - High visibility in the West Town/East Village/Ukrainian Village neighborhoods.; - Contemporary, open interior with high ceilings and large windows.
    (773) 325-2800
    Request Owner's contact information
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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
    1901 W Chicago Ave Chicago, IL 60622
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