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    1532 W Chicago Ave Chicago, IL 60642

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    For Lease
    Contact for pricing

    2,300 SF retail space in the heart of West Town.

    Property size:
    2,300 SF
    Lot size:
    0.95 Acres

    Property Features for 1532 W Chicago Ave

    General Information

    Size
    2,300 SF
    Lot size
    0.95 Acres

    Source: Canvas Real Estate Agent Michael Wallace

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

    Overview

    West Town Retail Space Available

    This property offers 2,300 square feet of retail space located in the West Town area. The space benefits from large windows that provide visibility along West Chicago Avenue, which experiences high traffic volume. A 3-car garage and basement are included with the space at no additional cost.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Asai Chicago Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6662391
    Latitude
    41.896366

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    FAQs

    What type of property is this?
    Retail space - 2,300 SF retail space in the heart of West Town.
    Where is this retail space located?
    The property is located at 1532 W Chicago Ave Chicago, IL.
    What are key features of this property?
    This property features: - 2,300 SF retail space in West Town; - High visibility on heavily trafficked W Chicago; - 3-car garage included
    (773) 887-8212
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    1532 W Chicago Ave Chicago, IL 60642
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    Chicago, IL 60642
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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
    1532 W Chicago Ave Chicago, IL 60642
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