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    4023 W Irving Park Rd Chicago, IL 60641

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    For Lease
    $15 SF/Yr

    Rehabbed storefront near Irving Park Blue Line stop and I-90.

    Property Features for 4023 W Irving Park Rd

    General Information

    Standard status
    Active

    Building Details

    Year built
    1940

    Source: STRAUSS REALTY LTD Agent MOSHE WEINBERGER

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

    Overview

    High Visibility Storefront Near Blue Line

    This storefront property offers high visibility and is located a quarter block from the Irving Park Blue Line stop and I-90. Situated in a two-story rehabbed building, the property presents potential for billboard signage. It is located next to a Walgreens. The space measures 3,600 square feet and is divisible to 1,800 square feet. The location benefits from a strong traffic count of 28,800 vehicles per day, making it suitable for various business ventures.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Similar Places Nearby

    Rocio's Flower and Gift Shop, Romance Flowers and Details, FTD, Rosey's Same Day Flower Delivery Chicago

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7286537
    Latitude
    41.9533704

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    FAQs

    What type of property is this?
    Storefront property - Rehabbed storefront near Irving Park Blue Line stop and I-90.
    Where is this storefront property located?
    The property is located at 4023 W Irving Park Rd Chicago, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility storefront location near Irving Park Blue Line and I-90.; - Large 3,600 SF space divisible to 1,800 SF.; - Located in a rehabbed two-story building.
    (773) 736-3600
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    4023 W Irving Park Rd Chicago, IL 60641
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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
    4023 W Irving Park Rd Chicago, IL 60641
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