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    7623 S Jeffery Blvd Chicago, IL 60649

    For Lease
    $22 SF/Yr ($1,631 /Mo)

    Retail space available in a stable strip center.

    Property size:
    890 SF
    Lot size:
    0.51 Acres

    Property Features for 7623 S Jeffery Blvd

    General Information

    Size
    890 SF
    Lot size
    0.51 Acres

    Source: First Western Properties Agent Paul Tsakiris

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

    Overview

    Retail Space on Jeffery Blvd

    This property offers 819 square feet of available retail space within a stable strip center. The location benefits from over 100 feet of frontage on Jeffery Boulevard. The strip center features a mix of retail and office tenants. The property is located close to South Shore High School.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.5756974
    Latitude
    41.756501

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    FAQs

    What type of property is this?
    Strip mall - Retail space available in a stable strip center.
    Where is this strip mall located?
    The property is located at 7623 S Jeffery Blvd Chicago, IL.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location with over 100 feet of frontage on Jeffery Blvd.; - Located near South Shore High School.; - Stable strip center with a mix of retail and office tenants.
    (773) 355-4780
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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
    7623 S Jeffery Blvd Chicago, IL 60649
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