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    2404-2408 N Western Ave Chicago, IL 60622

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    For Lease
    Contact for pricing

    Retail spaces available in new development near public transportation.

    Property size:
    3,800 SF
    Lot size:
    0.17 Acres

    Property Features for 2404-2408 N Western Ave

    General Information

    Size
    3,800 SF
    Lot size
    0.17 Acres

    Source: CBRE | Chicago Agent Peter Graham

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

    Overview

    Retail Space Near CTA Brown

    This retail space is located steps away from the CTA brown line, in a new multi-tenant development. The location benefits from high average income within a one mile radius and great visibility from Western Avenue, which sees 16,800 vehicles per day. Surrounding retailers include Walgreens, Potbelly, Jimmy Johns, Chicago Athletic Club, and Orangetheory Fitness. The property is within walking distance of fitness clubs and restaurants. The property size is 3,800 square feet and can accommodate up to 2,200 square feet, with two 1,100 square foot spaces available.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Realty agency 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
    -87.6878883
    Latitude
    41.9251889

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    FAQs

    What type of property is this?
    Retail space - Retail spaces available in new development near public transportation.
    Where is this retail space located?
    The property is located at 2404-2408 N Western Ave Chicago, IL.
    What are key features of this property?
    This property features: - Steps away from the CTA brown line; - Great visibility from Western Avenue (16,800 VPD); - Can accommodate up to 2,200 SF, two 1,100 SF spaces available.
    (312) 935-1400
    Request Owner's contact information
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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
    2404-2408 N Western Ave Chicago, IL 60622
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