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    1449-1461 S Blue Island Ave Chicago, IL 60608

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    For Lease
    Contact for pricing

    Retail space for lease in a luxury apartment development.

    Property size:
    2,036 SF
    Lot size:
    0.69 Acres

    Property Features for 1449-1461 S Blue Island Ave

    General Information

    Size
    2,036 SF
    Lot size
    0.69 Acres

    Source: Baum Realty Agent Doug Renner

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

    Overview

    Retail Space at The Rosie

    Retail space is available for lease at the northeast corner of Blue Island Avenue and 15th Street, situated at the base of The Rosie, a new luxury apartment development featuring 202 units. The space boasts high ceilings, large windows, and significant frontage along Blue Island Avenue. There is potential for outdoor patio seating and access to nearby surface parking. Adjacent to University Commons, which houses over 900 residential units, the location is at the intersection of the Illinois Medical District, University Village, and Pilsen, creating a dynamic mix of residents, students, and daytime workers. The 2,036-square-foot space is suitable for retail, restaurant, medical, fitness, or convenience uses. It is located close to neighborhood establishments including HaiSous, Simone’s, Pilsen Yards, Thalia Hall, and Open Books.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office 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
    -87.6572057
    Latitude
    41.8619625

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    FAQs

    What type of property is this?
    Retail space - Retail space for lease in a luxury apartment development.
    Where is this retail space located?
    The property is located at 1449-1461 S Blue Island Ave Chicago, IL.
    What are key features of this property?
    This property features: - Located at the base of The Rosie, a new 202-unit luxury apartment development.; - Strong frontage along Blue Island Avenue with potential for outdoor patio seating.; - Adjacent to University Commons, home to more than 900 residential units.
    (312) 666-3000
    Request Owner's contact information
    1449-1461 S Blue Island Ave Chicago, IL 60608
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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
    1449-1461 S Blue Island Ave Chicago, IL 60608
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