New Storefront Retail
For Sale
Contact for pricing
2157 N Western Avenue #1, Chicago, IL 60647
An open-plan interior offers flexibility for a range of commercial layouts.
Property Size1,000 SF
Price / SF$0.01
Days on Market25
Property Features for 2157 N Western Avenue #1
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Neighborhood Storefront
Site & Location
Neighborhood
Bucktown
Building Details
Year Built
2025
Listing Agency:
Prime Location Realty INC
(773) 934-8769
Listed By:
Sandra Djonovic
Source:
Helenoliveri
Added: Oct 8
Changed: Oct 29
Last Checked: Oct 31 at 11:25PM
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 Prime Location Realty INC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,000-square-foot storefront space was built in 2025 and has an open-concept layout. Large windows bring natural light into the interior, with an adaptable floor plan for commercial use.
The property is at 2157 N Western Avenue, Suite 1, in Chicago. The listing describes the location as Bucktown and notes the space is on a high-traffic street.
The property is at 2157 N Western Avenue, Suite 1, in Chicago. The listing describes the location as Bucktown and notes the space is on a high-traffic street.
Key Highlights
- 1,000 square feet of open‑concept storefront space
- Built in 2025
- Large windows provide natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,835
Suggested Prices Based on Cap Rates
Cap Rate 5%
$276,700
$276.7K
Cap Rate 7%
$197,643
$197.6K
Cap Rate 9%
$153,722
$153.7K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$21.6K $21.60/SF
− Vacancy
−$1.8K −$1.84/SF
EGI
$19.8K $19.76/SF
− OpEx
−$5.9K −$5.93/SF
NOI
$13.8K $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%
$276,700
Cap Rate 7%
$197,643
Cap Rate 9%
$153,722
Alternative Uses
Best Use
Retail
$197.6K
$172.9K – $230.6K
NOI $13,835 @ 7.0% cap · market cap 125,772.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$471.5K
$412.6K – $550.1K
NOI $33,005 @ 7.0% cap · market cap 300,045.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,937
Businesses Nearby
357k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 53%
Dining 20%
Shops & Services 14%
Home Improvements & Furnishings 12%
Target
Superstores
190,856 visits/mo
0.5 miles
McDonald's
Dining
43,397 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
36,403 visits/mo
0.4 miles
Dollar Tree
Shops & Services
21,431 visits/mo
0.4 miles
Chase Bank
Shops & Services
16,483 visits/mo
0.3 miles
Demographics for 60647, IL
85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
Median Home Value
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
Similar Off Market Nearby
- bou•K — 1830 N Milwaukee Ave Suite C, Chicago, IL 60647
- Linda's Flowers — 2439 W Armitage Ave, Chicago, IL 60647
- Flowerlife, Inc. — 2001 N Oakley Ave, Chicago, IL 60647
- A Tree Grows In Brooklyn — 2001 N Oakley Ave, Chicago, IL 60647
- Xo Design Co. — 2101 N Western Ave, Chicago, IL 60647
Frequently Asked Questions
What type of property is this?
Storefront property - An open-plan interior offers flexibility for a range of commercial layouts.
Where is this storefront property located?
The property is located at 2157 N Western Avenue #1 Chicago, IL.
What are key features of this property?
This property features: 1,000 square feet of open‑concept storefront space; Built in 2025; Large windows provide natural light
