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    2248 W North Ave Chicago, IL 60610

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    For Sale
    $175,000

    New construction retail space in vibrant Wicker Park neighborhood.

    Property Features for 2248 W North Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    2025

    Source: STRAUSS REALTY LTD Agent MOSHE WEINBERGER

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

    Overview

    Wicker Park Retail Space Available

    This new construction retail space is available for sale or lease in the Wicker Park neighborhood. The space features floor-to-ceiling windows that provide natural light. It is delivered as a vanilla box, ready for custom build-out. The space includes a finished restroom and an in-unit fire sprinkler system. The property benefits from strong foot traffic and neighborhood demographics, as well as proximity to public transit, being a couple blocks from the Damen Blue Line. Nearby businesses include Handlebar, Izakaya Shinya, Gracie Hagen Gallery, Gravity Studios, and Bake.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store 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
    -87.684265
    Latitude
    41.910633

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    FAQs

    What type of property is this?
    Retail space - New construction retail space in vibrant Wicker Park neighborhood.
    Where is this retail space located?
    The property is located at 2248 W North Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Prime Wicker Park location with high foot traffic and strong neighborhood demographics.; - New construction (2025) vanilla box delivery ready for custom build-out.; - **Floor-to-ceiling windows providing abundant natural light.**
    Request Owner's contact information
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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
    2248 W North Ave Chicago, IL 60610
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