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    1103 N Western Ave Chicago, IL 60622

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    For Lease
    $27 SF/Yr

    Retail space in Wicker Park/Ukrainian Village, divisible and fully rehabbed.

    Property Features for 1103 N Western Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1979

    Source: CONTINUUM REAL ESTATE BROKERS Agent YELENA BERNSHTAM

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

    Overview

    Retail Storefront at Lighted Intersection

    This retail storefront is located in the Wicker Park/Ukrainian Village area at a busy corner with a lighted intersection. The space, suitable for various uses, is currently operating as a Smoke Shop. It offers approximately 800 to 1600 square feet of divisible space with 14-foot ceilings. The property has been fully rehabbed with new HVAC, flooring, drywall, and a new glass facade. It features a separate HVAC system and bathroom. Alternatively, there is a fully built-out real estate office space of approximately 800 square feet, featuring two modern offices and a conference room, also with a separate HVAC system and bathroom.
    Location Intelligence

    Current Use by Public Records

    Continuum Brokers Real Estate Agency Blade Tax Services Tax Preparation Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store 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
    -87.6866474
    Latitude
    41.9014135

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    FAQs

    What type of property is this?
    Retail space - Retail space in Wicker Park/Ukrainian Village, divisible and fully rehabbed.
    Where is this retail space located?
    The property is located at 1103 N Western Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $27 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on a busy corner with a lighted intersection in Wicker Park/Ukrainian Village.; - Divisible retail space, offering flexibility in size (approximately 800 to 1600 sq ft).; - Fully rehabbed with new HVAC, flooring, drywall, and glass facade.
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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
    1103 N Western Ave Chicago, IL 60622
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