Split-Level Storefront
For Sale
$1,449,950
1910 W North Ave, Chicago, IL 60622
Flexible commercial layout for retail, showroom, wellness, or neighborhood service concepts.
Property Size5,185 SF
Price / SF$279.64
Days on Market48
Property Features for 1910 W North Ave
General Information
Standard status
Active
Size
5,185 SF
Additional Details
Asking Price
$1,449,950
Building Details
Year Built
1910
Listing Agency:
Kawash Group
Listed By:
Nader Kawash, Nedal Kawash
Source:
Realtopiare
Added: Sep 2
Changed: Oct 6
Last Checked: Oct 7 at 3:45PM
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 Kawash Group
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Investment Insights
Based on property information with market context.
This 5,185-square-foot split-level storefront property was built in 1910 and occupies a commercial location on W North Ave. The configuration provides a street-facing presence suited to a range of commercial concepts, including boutique retail, fitness, wellness, spa, showroom, medical, med spa, and neighborhood service uses.
The property is positioned within Chicago’s Wicker Park / Bucktown corridor, an area characterized by dense residential housing, established retailers, restaurants, and active neighborhood surroundings. Its frontage and street presence support customer-facing operations that benefit from exposure along a busy retail corridor.
The property can accommodate an owner-user, investor, or future occupant seeking a storefront-oriented commercial asset with multiple potential use directions.
The property is positioned within Chicago’s Wicker Park / Bucktown corridor, an area characterized by dense residential housing, established retailers, restaurants, and active neighborhood surroundings. Its frontage and street presence support customer-facing operations that benefit from exposure along a busy retail corridor.
The property can accommodate an owner-user, investor, or future occupant seeking a storefront-oriented commercial asset with multiple potential use directions.
Key Highlights
- 5,185 SF split‑level commercial property
- Built in 1910
- Storefront location on W North Ave
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,733
Cap Rate
4.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,434,660
$1.4M
Cap Rate 7%
$1,024,757
$1.0M
Cap Rate 9%
$797,033
$797.0K
Market Conditions
NOI Build-Up for 5,185 SF
Gross rent
$112.0K $21.60/SF
− Vacancy
−$9.5K −$1.84/SF
EGI
$102.5K $19.76/SF
− OpEx
−$30.7K −$5.93/SF
NOI
$71.7K $13.83/SF
Area
Chicago, IL
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,434,660
Cap Rate 7%
$1,024,757
Cap Rate 9%
$797,033
Alternative Uses
Best Use
Retail
$1.02M
$896.7K – $1.20M
NOI $71,733 @ 7.0% cap · market cap 4.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.44M
$2.14M – $2.85M
NOI $171,130 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
5,788
Businesses Nearby
357k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 27%
Dining 27%
Shops & Services 21%
Apparel 9%
Jewel-Osco
Groceries
65,395 visits/mo
0.4 miles
Barnes & Noble
Shops & Services
48,824 visits/mo
0.2 miles
Aldi
Groceries
32,222 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
31,134 visits/mo
0.4 miles
Jeni's Splendid Ice Creams
Dining
11,621 visits/mo
0.1 miles
Demographics for 60622, IL
55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Storefront property - Flexible commercial layout for retail, showroom, wellness, or neighborhood service concepts.
Where is this storefront property located?
The property is located at 1910 W North Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,449,950.
What are key features of this property?
This property features: 5,185 SF split‑level commercial property; Built in 1910; Storefront location on W North Ave
