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    7541 N Western Ave Chicago, IL 60645

    Sponsored
    For Sale
    Under Contract
    $1,500,000

    COMMERCIAL - Chicago, IL

    Lot size:
    0.25 Acres
    Days on Market:
    113
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 7541 N Western Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    11303000160000
    Lot size
    0.25 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Floors in Building
    2

    AGHA Realty Inc. (847) 737-7155 [email protected]

    Listing agent Seina Fatoorehchi (847) 737-7155

    Listing date Sep 15, 2025

    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/Office Space Available

    Over 8,500 sq ft of space is available in a high-traffic area within the West Ridge/Rodgers Park area. The building is currently configured to accommodate two businesses, each with a private entrance, but can be adapted to suit other needs. The upper level features two large offices with a half bath. The lower level includes numerous built-out offices, four bathrooms, and a fully equipped kitchen with a functional commercial hood system, appliances, and dishwashing/hand washing stations. Additionally, the property offers five parking spaces located at the rear of the building. The lot size is 0.25 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Metropolitan Asian Family ... Social Services Organization Universal Metro Asian ... Senior Citizen Center

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon 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
    -87.689804
    Latitude
    42.0186403

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    FAQs

    What type of property is this?
    Retail space - 8,500+ sq ft in high-traffic West Ridge/Rodgers Park.
    Where is this retail space located?
    The property is located at 7541 N Western Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - High traffic location in West Ridge/Rodgers Park (Western/Howard).; - Over 8,500 sq ft of available space.; - Set up for two businesses with separate entrances or customizable build-out.
    (847) 737-7155
    Request Owner's contact information
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    Chicago, IL 60645
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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
    7541 N Western Ave Chicago, IL 60645
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