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    1554 W Avenue N Chicago, IL 06709

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    For Lease
    Contact for pricing

    Rare Chicago north side building with drive-thru and parking.

    Property size:
    5,057 SF
    Lot size:
    0.17 Acres

    Property Features for 1554 W Avenue N

    General Information

    Size
    5,057 SF
    Lot size
    0.17 Acres

    Source: Brookline Real Estate Agent Bill Lundy

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

    Overview

    Freestanding Building with Drive-Thru

    This is a rare freestanding building with a drive-thru and parking located on Chicago’s north side. The property, formerly a bank building, features covered drive-thru lanes. It offers two points of ingress/egress and parking for 10 vehicles. Situated on a busy frontage along both North and Ashland Avenues, the location benefits from high traffic and an urban business corridor at an intersection with traffic signals. The property is one block from I-90/94 access, near 2 CTA bus stops, and 4 blocks from 2 Blue Line stations. The surrounding area is a high-income area densely populated with residential neighborhoods. The property size is 5057 square feet.
    Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -95.903872
    Latitude
    36.0686745

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    FAQs

    What type of property is this?
    Bank - Rare Chicago north side building with drive-thru and parking.
    Where is this bank located?
    The property is located at 1554 W Avenue N Chicago, IL.
    What are key features of this property?
    This property features: - Rare freestanding building with drive-thru and parking on Chicago’s north side.; - RARE parking for 10 vehicles.; - Busy frontage on both North and Ashland Avenues.
    (630) 590-5910
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    1554 W Avenue N Chicago, IL 06709
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    Chicago, IL 06709
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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
    1554 W Avenue N Chicago, IL 06709
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