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    7109 N Western Ave Chicago, IL 60645

    For Lease
    $24 SF/Yr

    1,000 sq ft commercial space suitable for various business types.

    Property Features for 7109 N Western Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1981

    Source: COLDWELL BANKER REALTY Agent MARLA SCHNEIDER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Space on Western

    A 1,000 sq. ft. commercial space is currently available for rent on North Western Avenue in Chicago. The unit, previously used as a medical office, is suitable for professional, service, or retail uses. The space features a functional layout and a private half bathroom. Located in a B2-3 zoning district, the property allows for a wide range of business types. The location offers visibility, high foot traffic, and convenient access to public transportation, making it suitable for a small business, startup, or satellite location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Similar Places Nearby

    Howard Street Animal Hospital, Tree House Veterinary Wellness Center

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6898678
    Latitude
    42.0113354

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    FAQs

    What type of property is this?
    Medical office - 1,000 sq ft commercial space suitable for various business types.
    Where is this medical office located?
    The property is located at 7109 N Western Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - High foot traffic and great visibility on busy N Western Ave.; - Versatile 1,000 sq. ft. space suitable for professional, service, or retail uses.; - B2-3 zoning allows for a wide range of business types.
    (847) 724-5800
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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
    7109 N Western Ave Chicago, IL 60645
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