Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    652 Cornelia Ave Chicago, IL 60657

    For Lease
    $40 SF/Yr ($11,666 /Mo)

    Prime Lakeview location, 600 sq ft, move-in ready.

    Lot size:
    3,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional retail space, located at 652 W Cornelia Ave, Chicago, IL 60657, presents a fantastic opportunity for a small business. Situated in the vibrant Lakeview neighborhood, this single-tenant property offers 600 square feet of newly painted, move-in ready space within a larger 3,500 square foot building. The space boasts newer hardwood floors and features central heating and a window air conditioning unit. Built in 1900 and renovated in 2010, the property is zoned B1-2. Benefit from high foot traffic due to its proximity to Broadway Ave and a nearby bus stop, ensuring excellent visibility and exposure to potential customers. The location is surrounded by thriving businesses, including a neighboring establishment that has operated successfully for over 20 years. The area is known for its strong community of young professionals and families who actively support local businesses. While there is no on-site parking, the high pedestrian traffic makes this a less critical factor. Property taxes are $10.50 per square foot. This is an ideal location for a business owner looking to establish or relocate their operation in a bustling and supportive neighborhood. Don't miss this chance to secure a prime retail space in a highly desirable area.

    Property Features for 652 Cornelia Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,500 SF
    Total Rate
    11666.67

    Building Details

    Year Built/Renovated
    1900/2010
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    600 SF
    Rate per SF
    $40

    HighLights

    • High‑profile corner location at Broadway & Cornelia.
    • 3,500 square foot single‑story commercial building.
    • Strong tenant mix including established nail salon, tenured Chinese restaurant, vape & grocery store, and Wake N Bake bakery retail outlet.
    Property Profile Location Intelligence

    Current Use by Public Records

    ak tax service Accountant Kolligris Nick CPA Accountant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon 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
    -87.64653897
    Latitude
    41.94547178

    Nearby Similar for Lease

    • $24 SF/Yr
      6,970 SF

      Distinctive South Loop Office Space

      Versatile commercial space in Chicago's South Loop.
      819 S Wabash Ave, Chicago, IL 60605
      View Details
    • $35 SF/Yr

      Modern Office Building with Rooftop

      Newly constructed office building with a full-floor rooftop retreat.
      1290 N Clybourn Ave, Chicago, IL 60610
      View Details
    • $25 SF/Yr

      Prime Retail Space on North Avenue

      Adaptable retail space in a vibrant Chicago mixed-use district.
      1720 W North Ave, Chicago, IL 60622
      View Details
    • $40 SF/Yr

      Condominium in Chicago, IL

      Condominium for rent in Chicago, Illinois.
      816 W Cullerton St, Chicago, IL 60608
      View Details
    • $20 SF/Yr

      Remodeled Office Space in Chicago

      Remodeled office space for rent in Chicago's Edison Park.
      6650 N Northwest Hwy, Chicago, IL 60631
      View Details
    • $15 SF/Yr

      Pulaski Road Storefront Opportunity

      Double storefront on Pulaski Rd with high traffic count.
      8337 S Pulaski Rd, Chicago, IL 60652
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Lakeview location, 600 sq ft, move-in ready.
    Where is this retail property located?
    The property is located at 652 Cornelia Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: High-profile corner location at Broadway & Cornelia.; 3,500 square foot single-story commercial building.; Strong tenant mix including established nail salon, tenured Chinese restaurant, vape & grocery store, and Wake N Bake bakery retail outlet.
    Request Owner's contact information
    652 Cornelia Ave Chicago, IL 60657
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    652 Cornelia Ave
    Chicago, IL 60657
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    652 Cornelia Ave Chicago, IL 60657
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.