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    4709 W Foster Ave Chicago, IL 60630

    For Lease
    Contact for pricing

    Retail space with over 143,000 SF and 500 parking spaces.

    Property size:
    2,032 SF
    Lot size:
    8.98 Acres

    Property Features for 4709 W Foster Ave

    General Information

    Size
    2,032 SF
    Lot size
    8.98 Acres

    Source: Mid-America Real Estate Group | Chicago Agent Brendan Reedy

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

    Overview

    Retail Space with Ample Parking

    This retail space offers over 143,000 square feet of retail area with over 500 parking spaces. The location is optimal for national, regional, and local retailers, service users, and restaurants. The main entrance is situated at a newly created signalized intersection at Foster Avenue and the Edens Expressway. The modern design provides maximum visibility for tenant storefronts. The site layout features heavy landscaping and pedestrian-friendly design.
    Location Intelligence

    Current Use by Public Records

    Smashburger Hamburger Restaurant

    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

    Edens Collection, Elston Place Market Mix, Coinstar Kiosk | Bitcoin ATM, LibertyX Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.74527
    Latitude
    41.975315

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    FAQs

    What type of property is this?
    Shopping center - Retail space with over 143,000 SF and 500 parking spaces.
    Where is this shopping center located?
    The property is located at 4709 W Foster Ave Chicago, IL.
    What are key features of this property?
    This property features: - Optimal location at newly created signalized intersection of Foster Avenue and the Edens Expressway.; - Over +143,000 SF of retail space.; - +500 parking spaces.
    (630) 954-7327
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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
    4709 W Foster Ave Chicago, IL 60630
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