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    4004-4008 W Montrose Ave Chicago, IL 60641

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    For Lease
    $24 SF/Yr

    Two move-in ready retail spaces on a high-visibility corner.

    Property Features for 4004-4008 W Montrose Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1947

    Source: MILLENNIUM PROPERTIES RE, INC. Agent SUSAN SILVER

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

    Overview

    Retail Storefronts at Montrose & Pulaski

    Two 700 square foot retail storefronts are available for lease on the signalized corner of Montrose Avenue and Pulaski Road. This high-visibility corner property is move-in ready and offers excellent signage opportunities. The spaces are perfect for professional services, retail, or a small office. Positioned just minutes from the I-90/94 expressway, the property benefits from a dense residential population, high foot traffic, and a diverse mix of local businesses. Located on the northwest side of Chicago, in the Mayfair neighborhood, which is part of Albany Park, this area is one of the city's most dynamic and diverse neighborhoods. Known for its vibrant cultural mix and historic architecture, Albany Park continues to attract small businesses, entrepreneurs, and residents.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -87.7281348
    Latitude
    41.9611085

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    FAQs

    What type of property is this?
    Retail space - Two move-in ready retail spaces on a high-visibility corner.
    Where is this retail space located?
    The property is located at 4004-4008 W Montrose Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility corner location at a signalized intersection (Montrose and Pulaski).; - Move-in ready condition suitable for retail, professional services, or small office use.; - Excellent signage opportunities available.
    (312) 338-3000
    Request Owner's contact information
    4004-4008 W Montrose Ave Chicago, IL 60641
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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
    4004-4008 W Montrose Ave Chicago, IL 60641
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