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Retail Condo with Storage Lockers
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655 W Irving Park Rd Unit V020, Chicago, IL 60613

Portfolio includes a 1,500 SF retail condo plus income-generating laundry machines and private storage lockers.

Property Size1,500 SF
Price / SF$13
Days on Market41

Property Features for 655 W Irving Park Rd Unit V020

General Information

Standard status Active
Size 1,500 SF
Property subtype Land/Lot

Building Details

Year Built 1973
Listing Agency: Fulton Grace Realty
Listed By: Matthew Engle matt@fultongrace.com
Source: Searchillinoishomesforsale
Added: Jul 26 Changed: Sep 3 Last Checked: Sep 1 at 11:41PM

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 Fulton Grace Realty

Investment Insights

Based on property information with market context.

A set of commercial condo offerings at 655 W Irving Park includes a 1,500 SF retail condo available for sale. Additional income-producing components include 82 laundry machines generating $408,000 annually (subject to offer) and 150 private storage lockers generating $96,000 annually (subject to offer).

The availability list also includes 56th floor commercial office & storage space and two 56th floor penthouse units, including Penthouse A (3,500 SF) and Penthouse B (1,500 SF), each offered for sale.

Collectively, the configuration provides multiple distinct condo options spanning retail, office/storage, and penthouse space, along with operational laundry and storage components.

Key Highlights

  • Portfolio includes a 1,500 SF retail condo at 655 Irving Park for sale at $475,000
  • 82 laundry machines generating $408,000 annually
  • 150 private storage lockers generating $96,000 annually

Property Analytics

Current Use

Gloria Arfelis, PsyD Physician Michael Bricker, PhD Counselor 2nd Story Counseling Counselor Richard Gleiner, LCSW Psychotherapist Depression Counseling Chicago Physician

Suggested Use

Top Pick Law Firm Auto Repair Shop Auto Parts Store Electrical Service Daycare Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,055
Businesses Nearby

Demographics for 60613, IL

53,048
Population
31,263
Households
1.7
Avg Household Size
34
Median Age
75%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
23,064
Density / Sq Mi
$91,351
Median Household Income
$68,713
Median Earnings
$1,616
Median Rent
$397,800
Median Home Value

Market

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Portfolio includes a 1,500 SF retail condo plus income-generating laundry machines and private storage lockers.
Where is this office units located?
The property is located at 655 W Irving Park Rd Unit V020 Chicago, IL.
What are key features of this property?
This property features: Portfolio includes a 1,500 SF retail condo at 655 Irving Park for sale at $475,000; 82 laundry machines generating $408,000 annually; 150 private storage lockers generating $96,000 annually
More about this property
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