Two-Story? No. Two Masonry Storefront
1122 W Bryn Mawr Ave Chicago, IL 60660
1122 W Bryn Mawr Ave, Chicago, IL, 60660
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For Sale
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Two one-story masonry storefront buildings with wide bays and rear alley access on a lot with about 75 feet of frontage.
Property Size10,175 SF
Lot Size0.26 Acres
Price / SF$191.65
Days on Market91
Property Features for 1122 W Bryn Mawr Ave
General Information
- Standard status
- Active
- Size
- 10,175 SF
- Lot size
- 0.26 Acres
- Property subtype
- Mixed Use, Office, Retail
Building Details
- Year Built
- 1913
Listing agency
SVN | Chicago Commercial
(847) 219-6383
Listed by
Adam Thomas · License #IL 062060446
Source
Crexi
Added: Apr 22 Updated: Jul 21 at 6:19AM Checked: Jul 21 at 6:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Chicago Commercial
Investment Insights
Based on property information with market context.
1122–26 W. Bryn Mawr includes two separate one-story masonry storefront buildings within one combined lot. The property totals 10,175 SF and features a single-story floorplate with generous ceiling heights and wide storefront bays, supporting a flexible layout for a range of commercial uses. 1122–1124 (National Tea Company Building) was constructed in 1929, while 1126 (E. Kenner Ingal Building) dates to 1919; both are described as Late Classical Revival in style.
The buildings benefit from rear public alley access and approximately 75 feet of frontage along Bryn Mawr Avenue. The property sits directly adjacent to the Bryn Mawr CTA Red Line station, which completed a full renovation in 2025, placing the asset in a dense, transit-oriented Edgewater setting with neighborhood retail demand.
With distinct histories and a functional, adaptive-use friendly footprint, the site offers a practical foundation for retail, restaurant, food & beverage, fitness, medical, creative office, or cultural/arts use—subject to applicable approvals.
The buildings benefit from rear public alley access and approximately 75 feet of frontage along Bryn Mawr Avenue. The property sits directly adjacent to the Bryn Mawr CTA Red Line station, which completed a full renovation in 2025, placing the asset in a dense, transit-oriented Edgewater setting with neighborhood retail demand.
With distinct histories and a functional, adaptive-use friendly footprint, the site offers a practical foundation for retail, restaurant, food & beverage, fitness, medical, creative office, or cultural/arts use—subject to applicable approvals.
Key Highlights
- Two one‑story masonry storefront buildings totaling 10,175 SF on an 11,273 SF lot
- Approximately 75 feet of frontage on W. Bryn Mawr Avenue with wide storefront bays
- Rear public alley access provides flexible layout options
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $219.8k | $21.60 |
| − Vacancy | −$18.7k | −$1.84 |
| EGI | $201.1k | $19.76 |
| − OpEx | −$60.3k | −$5.93 |
| NOI | $140.8k | $13.83 |
10,175 SF · lease $21.60/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$3.12M
$2.73M – $3.64M
NOI $218,315 @ 7.0% cap · market cap 11.20%
Second Best
Retail
$2.01M
$1.76M – $2.35M
NOI $140,769 @ 7.0% cap · market cap 7.22%
Theoretical Best
Office A
$4.80M
$4.20M – $5.60M
NOI $335,824 @ 7.0% cap · market cap 17.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Storefront property - Two one-story masonry storefront buildings with wide bays and rear alley access on a lot with about 75 feet of frontage.
Where is this storefront property located?
The property is located at 1122 W Bryn Mawr Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Two one‑story masonry storefront buildings totaling 10,175 SF on an 11,273 SF lot; Approximately 75 feet of frontage on W. Bryn Mawr Avenue with wide storefront bays; Rear public alley access provides flexible layout options
