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    855 Avenue NW Chicago, IL 01450

    For Lease
    Contact for pricing

    Highly visible retail space with ample parking on North Avenue.

    Property size:
    11,280 SF
    Lot size:
    0.35 Acres

    Property Features for 855 Avenue NW

    General Information

    Size
    11,280 SF
    Lot size
    0.35 Acres

    Source: Mid-America Real Estate Group | Chicago Agent Greg Bayer

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

    Overview

    Retail Property with Dedicated Parking

    This highly visible retail property, suitable for lease or redevelopment, fronts North Avenue. The property includes a dedicated surface parking lot accommodating in excess of 32 spaces. It features two full access points for ingress and egress, along with prominent pylon signage. The property is available immediately and has a size of 11280 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Building Supply Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -95.8175458
    Latitude
    36.2097464

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    FAQs

    What type of property is this?
    Retail space - Highly visible retail space with ample parking on North Avenue.
    Where is this retail space located?
    The property is located at 855 Avenue NW Chicago, IL.
    What are key features of this property?
    This property features: - Highly visible flagship property on North Avenue.; - Dedicated surface parking lot with over 32 spaces.; - Two full access points for ingress/egress.
    (630) 954-7327
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    855 Avenue NW Chicago, IL 01450
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    Chicago, IL 01450
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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
    855 Avenue NW Chicago, IL 01450
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