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    1857 W Chicago Ave Chicago, IL 60622

    For Lease
    $28 SF/Yr

    New construction retail/office space in West Town/East Village neighborhood.

    Property Features for 1857 W Chicago Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    2018

    Source: @PROPERTIES COMMERCIAL Agent IAN FEINERMAN

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

    Overview

    New Retail Space on Chicago

    This is a new construction retail space available for lease, situated on a prominent stretch of Chicago Avenue in the West Town / East Village neighborhood. The space encompasses 1,400 square feet and features a high-end bathroom, hardwood flooring throughout, and floor-to-ceiling windows. Additional features include a buzzer door and a back room. The property is equipped with central heat and air conditioning, as well as a separate hot water tank. It is suitable for retail, office, or non-black iron cafe or restaurant use.
    Location Intelligence

    Current Use by Public Records

    Tribute Interior Designer

    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
    -87.6743565
    Latitude
    41.8956818

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    FAQs

    What type of property is this?
    Retail space - New construction retail/office space in West Town/East Village neighborhood.
    Where is this retail space located?
    The property is located at 1857 W Chicago Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - New construction retail space.; - Prime location on Chicago Ave in West Town / East Village.; - 1400 sq ft suitable for retail, office, or cafe.
    (312) 506-0200
    Request Owner's contact information
    1857 W Chicago Ave Chicago, IL 60622
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    Chicago, IL 60622
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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
    1857 W Chicago Ave Chicago, IL 60622
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