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Retail Space with Parking
For Sale
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2542 W N Ave, Chicago, IL

Retail space featuring high ceilings and dedicated parking.

Property Size8,000 SF
Lot Size0.20 Acres
Price / SF$150
Days on Market1050

Property Features for 2542 W N Ave

General Information

Standard status Active
Size 8,000 SF
Lot size 0.20 Acres
Property subtype RETAIL
Listing Agency: SVN | Chicago - Corporate
Listed By: Paul R. Cawthon · License #475130924
Source: Moodyscre
Added: Dec 6, 2023 Changed: Jul 10 Last Checked: Oct 20 at 10:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Chicago - Corporate

Rey
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Investment Insights

Based on property information with market context.

This retail space offers 8,000 square feet. The property features a ceiling height of 14 feet and includes 2 dedicated parking spaces. The property is available for lease at $20 per square foot, NNN.

Key Highlights

  • Sale Price: $1,300,000
  • Lease Price: $20 PSF, NNN
  • Benefit from 14' ceiling height.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store HVAC Service Building Supply Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,238
Businesses Nearby
81k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 58% Apparel 24% Dining 18%
REI Apparel
19,531 visits/mo 0.4 miles
Mobil Shops & Services
15,111 visits/mo 0.4 miles
Dunkin' Donuts Dining
12,619 visits/mo 0.3 miles
Exxon Shops & Services
10,032 visits/mo 0.3 miles
PetSmart Shops & Services
9,609 visits/mo 0.5 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail space featuring high ceilings and dedicated parking.
Where is this retail space located?
The property is located at 2542 W N Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Sale Price: $1,300,000; Lease Price: $20 PSF, NNN; Benefit from **14' ceiling height.**
(630) 640-1001 Call to check price and availability
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