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    702 W Diversey Pkwy Chicago, IL 60614

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    For Lease
    $25 SF/Yr

    Retail space on Diversey Parkway with high foot traffic.

    Property Features for 702 W Diversey Pkwy

    General Information

    Standard status
    Active

    Source: APOLIS REALTY, INC. Agent CONSTANTINE GRAPSAS

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

    Overview

    Diversey Parkway Retail Storefront Opportunity

    This retail space is located on a hard corner on Diversey Parkway, benefiting from high pedestrian traffic and connection to a 60-unit condominium complex. The available space totals 3,425 square feet, including 1,882 square feet on the first floor and 1,543 square feet on the mezzanine level. The location is near Walgreens, Starbucks, Stanley Donuts and TJ Maxx.
    Location Intelligence

    Current Use by Public Records

    Second City Bride Bridal Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon 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
    -87.6469207
    Latitude
    41.9330533

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    FAQs

    What type of property is this?
    Retail space - Retail space on Diversey Parkway with high foot traffic.
    Where is this retail space located?
    The property is located at 702 W Diversey Pkwy Chicago, IL.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location at a stop light hard corner on Diversey Parkway.; - Connected to a 60-unit condo complex, providing built-in customer base.; - Located near major retailers like Walgreens, Starbucks, Stanley Donuts, and TJ Maxx.
    (312) 731-1999
    Request Owner's contact information
    702 W Diversey Pkwy Chicago, IL 60614
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    Chicago, IL 60614
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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
    702 W Diversey Pkwy Chicago, IL 60614
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