Two-Story? No. Two Masonry Storefront
For Sale
Contact for pricing
Pending
1122 W Bryn Mawr Ave, Chicago, IL 60660
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
Days on Market183
Property Features for 1122 W Bryn Mawr Ave
General Information
Standard status
Pending
Size
10,175 SF
Lot size
0.26 Acres
Property subtype
Mixed Use, Office, Retail
Zoning
B3-5
Investment Type
Value Add
Additional Details
Road Access
Yes
Building Details
Year Built
1913
Year Renovated
2025
Buildings
1
Stories
1
Units
2
Tenancy
Multi
Listing Agency:
SVN | Chicago Commercial
Listed By:
Adam Thomas · License #IL 062060446
(847) 219-6383
Source:
Crexi
Added: Apr 22
Changed: Oct 16
Last Checked: Oct 20 at 8:18PM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$140,769
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,815,380
$2.8M
Cap Rate 7%
$2,010,986
$2.0M
Cap Rate 9%
$1,564,100
$1.6M
Market Conditions
NOI Build-Up for 10,175 SF
Gross rent
$219.8K $21.60/SF
− Vacancy
−$18.7K −$1.84/SF
EGI
$201.1K $19.76/SF
− OpEx
−$60.3K −$5.93/SF
NOI
$140.8K $13.83/SF
Area
Chicago, IL
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,815,380
Cap Rate 7%
$2,010,986
Cap Rate 9%
$1,564,100
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 authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,635
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60660, IL
42,534
Population
23,508
Households
1.8
Avg Household Size
38
Median Age
57%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
32,718
Density / Sq Mi
$66,206
Median Household Income
$46,871
Median Earnings
$1,286
Median Rent
$287,500
Median Home Value
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Market
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
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
