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    7232 N Harlem Ave Chicago, IL 60631

    For Lease
    $1,800 /Mo

    Shopping Center - Chicago, IL

    Days on Market:
    137
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for 7232 N Harlem Ave

    General Information

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

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1962
    Number of units
    8
    Architectural style
    Other

    New Concept Realty (773) 858-7257 [email protected]

    Listing agent Pietro Losacco (773) 858-7257 License #471014490

    Listing date Jul 30, 2025

    MLS# 12431595 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

    Chicago Retail Space For Rent

    Located in Chicago, this Edison Park strip center offers retail space for rent with significant exposure and heavy drive-by traffic. The property features one available space of 1160 square feet. Pylon sign space is available. The B3 zoning accommodates a wide range of business uses, making it a versatile location.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon 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
    -87.8070487
    Latitude
    42.0126947

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    FAQs

    What type of property is this?
    Strip mall - Retail space available in Edison Park with high traffic exposure.
    Where is this strip mall located?
    The property is located at 7232 N Harlem Ave Chicago, IL.
    What are key features of this property?
    This property features: - High-traffic location in Edison Park with excellent exposure.; - B3 zoning allows for a wide range of business uses.; - 1160 sq ft of available space.
    (773) 858-7257
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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
    7232 N Harlem Ave Chicago, IL 60631
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