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    4409 N Central Ave Chicago, IL 60651

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    For Lease
    $5,000 /Mo ($60 SF/Yr)

    Retail space with high visibility and customer traffic.

    Property size:
    1,000 SF
    Lot size:
    0.34 Acres

    Property Features for 4409 N Central Ave

    General Information

    Size
    1,000 SF
    Lot size
    0.34 Acres

    Source: Matanky Realty Group Agent David Cordova

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

    Overview

    Retail Space at Gas Station

    This 1,000-square-foot retail space is located at a busy intersection in the Portage Park neighborhood of Chicago, which is recognized as one of the most diverse neighborhoods in the city. The property benefits from high visibility and guaranteed customer traffic due to its integration with a Mobile gas station. The location experiences approximately 34,741 vehicles per day. Public transportation is readily accessible, with bus stops nearby providing convenient access to various directions along Central Avenue and Montrose Avenue. The surrounding area is a heavy retail area. A Chase Bank is located across the street. Utilities and garbage collection are included.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mobil Gas Station Safe Auto Clinic Auto Repair Shop Xpress Free Rapid ... Medical Laboratory

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7669181
    Latitude
    41.9607553

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    FAQs

    What type of property is this?
    Gas station - Retail space with high visibility and customer traffic.
    Where is this gas station located?
    The property is located at 4409 N Central Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $60 SF/Yr.
    What are key features of this property?
    This property features: - Gas-station anchored property guarantees customer traffic.; - High visibility location at a busy intersection with 34,741 vehicles per day.; - Located in the Portage Park Neighborhood of Chicago.
    (312) 337-1001
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    4409 N Central Ave Chicago, IL 60651
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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
    4409 N Central Ave Chicago, IL 60651
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