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    5030-5034 W North Ave Chicago, IL 60639

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    For Lease
    $1,370 /Mo ($12 SF/Yr)

    Ground floor retail space available for lease in Chicago.

    Property size:
    1,300 SF
    Lot size:
    0.19 Acres

    Property Features for 5030-5034 W North Ave

    General Information

    Size
    1,300 SF
    Lot size
    0.19 Acres

    Source: 33 Realty Agent Gene Hart

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

    Overview

    Commercial Space in North Austin

    Available for lease is a ground floor commercial space located at 5030 W North Avenue in the North Austin Neighborhood of Chicago. The property offers approximately 1,300 square feet of space. Previously utilized by an African Hair Braiding business, the space includes two private bathrooms and one private room with water. New LTV (hardwood) flooring has been installed throughout. The property is zoned C2-1.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.752416
    Latitude
    41.90985

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    FAQs

    What type of property is this?
    Retail space - Ground floor retail space available for lease in Chicago.
    Where is this retail space located?
    The property is located at 5030-5034 W North Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - 1,300 SF ground floor commercial space.; - Located in the North Austin Neighborhood of Chicago.; - C2-1 zoning.
    (773) 327-4975
    Request Owner's contact information
    5030-5034 W North Ave Chicago, IL 60639
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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
    5030-5034 W North Ave Chicago, IL 60639
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