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    2550 W Addison St Chicago, IL 60618

    For Lease
    Contact for pricing

    Newly renovated shopping center with high visibility and ample parking.

    Property size:
    2,854 SF
    Lot size:
    2.24 Acres

    Property Features for 2550 W Addison St

    General Information

    Size
    2,854 SF
    Lot size
    2.24 Acres

    Source: Baum Realty Agent Mark Fredericks

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

    Overview

    Renovated Retail Space For Lease

    This newly renovated shopping center is located just west of the intersection of Addison and Western. The center offers visibility and access, complemented by a large parking lot. It is situated across the street from Lane Tech High School, which has approximately 4,200 students. The surrounding area includes the Bradley Sports Center, WGN-TV Station, and CIBC Fire Pitch, which serves as the Chicago Fire’s practice facility. The property offers 2,854 square feet of retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. George Barsa Medical Clinic PAWLIER DIALYSIS LLC Medical Clinic Roscoe Village Plaza Shopping Mall Dr. H Johnny ... Dentist DaVita Northside Ht ... Dialysis Center

    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.

    Similar Places Nearby

    Riverview Plaza, Coinstar Kiosk - Bitcoin ATM, Addison Mall, Target donde nos gustó un mueble, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6927029
    Latitude
    41.9473718

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    FAQs

    What type of property is this?
    Shopping center - Newly renovated shopping center with high visibility and ample parking.
    Where is this shopping center located?
    The property is located at 2550 W Addison St Chicago, IL.
    What are key features of this property?
    This property features: - Newly renovated shopping center.; - High visibility and easy access.; - Large parking lot.
    (312) 666-3000
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    2550 W Addison St Chicago, IL 60618
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    Chicago, IL 60618
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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
    2550 W Addison St Chicago, IL 60618
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