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    632 N Albany Ave Chicago, IL 60612

    For Sale
    $500,000

    Commercial Sale - Chicago, IL

    Property size:
    5,500 SF
    Lot size:
    0.15 Acres
    Days on Market:
    116
    Last Refresh:
    Dec 6 at 11:06 pm

    Property Features for 632 N Albany Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MANUF
    APN
    16121030330000
    Size
    5,500 SF
    Lot size
    0.15 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Architectural style
    Other

    Keller Williams Realty Infinity (630) 778-5800 [email protected]

    Listing agent Giovanna Schmieder (630) 778-5800 License #475162940

    Listing date Aug 13, 2025

    MLS# 12446047 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

    East Garfield Park Commercial Building

    This all-brick building in Chicago offers 5,500 square feet of space. The property features a main hall, two restrooms, a kitchen, a large dining area, and offices. Located in the East Garfield Park neighborhood, the property is zoned M1-2, offering flexibility for various ventures. The rear of the building includes attached storage space and a secure gated entrance in front. It is situated near shopping, downtown Chicago, and major expressways. The lot size is 0.15 acres. The property is being sold As-Is.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jasperstone Missionary Baptist Baptist Church

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7043751
    Latitude
    41.8929796

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    FAQs

    What type of property is this?
    Church & religious facility - Versatile 5,500 sq ft building in Chicago's East Garfield Park.
    Where is this church & religious facility located?
    The property is located at 632 N Albany Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - 5,500 sq. ft. of versatile space suitable for business expansion or community venue.; - M1-2 zoning offers flexibility for various ventures.; - Convenient location near shopping, downtown Chicago, and major expressways.
    (630) 778-5800
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    Chicago, IL 60612
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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
    632 N Albany Ave Chicago, IL 60612
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