Corner Storefront
For Sale
$758,000
4411 N Kedzie Avenue, Chicago, IL 60625
A 1932 retail property occupies a signalized intersection in Chicago’s Albany Park neighborhood.
Property Size5,000 SF
Price / SF$151.60
Days on Market194
Property Features for 4411 N Kedzie Avenue
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Commercial
Zoning
COMMR
Site & Location
Neighborhood
Albany Park
Corner Location
Yes
Taxes and HOA fees
Annual Taxes
$25,348
Building Details
Building Size
5,000 SF
Year Built
1932
Stories
1
Units
1
Listing Agency:
Century 21 Circle
Listed By:
Mark Ahmad · License #471007186
(773) 465-4200
Source:
Fishmangroup
Added: Apr 15
Changed: Oct 23
Last Checked: Oct 23 at 5:10PM
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 Century 21 Circle
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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 5,000-square-foot storefront property was built in 1932 and sits at the junction of Kedzie Avenue and Montrose Avenue in Albany Park. Its corner position and traffic signal define the site’s street presence within a concentrated retail area.
Nearby businesses include Walgreens, Starbucks, Dunkin’, restaurants, and shops. Lake Shore Drive is accessible nearby, with I-90-94 and O’Hare Airport also within reach.
Nearby businesses include Walgreens, Starbucks, Dunkin’, restaurants, and shops. Lake Shore Drive is accessible nearby, with I-90-94 and O’Hare Airport also within reach.
Key Highlights
- 5,000‑square‑foot retail building constructed in 1932
- Corner location at Kedzie Avenue and Montrose Avenue
- Positioned at a signalized intersection in Albany Park
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,174
Cap Rate
9.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,383,480
$1.4M
Cap Rate 7%
$988,200
$988.2K
Cap Rate 9%
$768,600
$768.6K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$108.0K $21.60/SF
− Vacancy
−$9.2K −$1.84/SF
EGI
$98.8K $19.76/SF
− OpEx
−$29.6K −$5.93/SF
NOI
$69.2K $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%
$1,383,480
Cap Rate 7%
$988,200
Cap Rate 9%
$768,600
Alternative Uses
Best Use
Retail
$988.2K
$864.7K – $1.15M
NOI $69,174 @ 7.0% cap · market cap 9.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.36M
$2.06M – $2.75M
NOI $165,024 @ 7.0% cap · market cap 21.77%
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
2,543
Businesses Nearby
38k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 80%
Shops & Services 16%
Home Improvements & Furnishings 3%
McDonald's
Dining
28,743 visits/mo
0.3 miles
7-Eleven
Shops & Services
4,380 visits/mo
0.4 miles
Pantry
Shops & Services
1,813 visits/mo
0.4 miles
Golden Krust Caribbean Bakery and Grill
Dining
1,772 visits/mo
0.4 miles
Jays True Value
Home Improvements & Furnishings
1,216 visits/mo
0.3 miles
Demographics for 60625, IL
76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Chicago, IL
Similar Off Market Nearby
- FTD — 4012 N Kimball Ave, Chicago, IL 60618
- Albany Park Blooms — 4009 N Albany Ave Suite back, Chicago, IL 60618
- Fely & Gaby Flower And Gifts Shop — 4644 N Kedzie Ave, Chicago, IL 60625
- Botanica Lucero Flowers — 4644 N Kedzie Ave, Chicago, IL 60625
Frequently Asked Questions
What type of property is this?
Storefront property - A 1932 retail property occupies a signalized intersection in Chicago’s Albany Park neighborhood.
Where is this storefront property located?
The property is located at 4411 N Kedzie Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $758,000.
What are key features of this property?
This property features: 5,000‑square‑foot retail building constructed in 1932; Corner location at Kedzie Avenue and Montrose Avenue; Positioned at a signalized intersection in Albany Park
