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    860 N California Ave, Unit 1N Chicago, IL 60622

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    For Lease
    $22 SF/Yr

    1,050 sq ft commercial condo in Chicago's California-Augusta corridor.

    Property Features for 860 N California Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    2007

    Source: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE Agent LETICIA JIMENEZ

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

    Overview

    California Avenue Commercial Condo For Rent

    Located in Chicago's California-Augusta corridor, this 1,050 sq. ft. commercial condo provides a flexible, light-filled layout suitable for retail, office, or creative uses. The property is zoned C1-2. The location is near destinations such as Segnatore, Spinning J, Rootstock, Gaoku Izakaya, La Boulangerie, Feed, and the Hi-Lo.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Midwest Airbrush Supply ... Art Supply Store Illinois Expert Appraisal Real Estate Appraiser Luftwerk Artist

    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
    -87.6971297
    Latitude
    41.8974726

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    FAQs

    What type of property is this?
    Retail space - 1,050 sq ft commercial condo in Chicago's California-Augusta corridor.
    Where is this retail space located?
    The property is located at 860 N California Ave, Unit 1N Chicago, IL.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the dynamic California-Augusta commercial corridor.; - Flexible, light-filled 1,050 sq. ft. layout suitable for retail, office, or creative use.; - Zoned C1-2, allowing for a variety of business types.
    (773) 432-0200
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    860 N California Ave, Unit 1N Chicago, IL 60622
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    Chicago, IL 60622
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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
    860 N California Ave, Unit 1N Chicago, IL 60622
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