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

    4308 Calumet Ave Chicago, IL 60653

    Sponsored
    For Lease
    Contact for pricing

    Prime Bronzeville retail, 3 suites available.

    Lot size:
    4,741 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Class A, 4,741 square foot retail space is located in the vibrant Bronzeville submarket of Cook County. Built in 2024, the property offers three available suites, ranging from a minimum of 1,216 square feet to a maximum contiguous space of 4,741 square feet. The entire building is currently vacant, presenting a unique opportunity for a single tenant or multiple businesses to occupy this prime location. The building boasts a strategic position directly adjacent to the 43rd (Green Line) CTA station, ensuring high visibility and accessibility for customers. Adding to its appeal, the property benefits from the presence of 99 residential units located above the first-floor retail space, creating a built-in customer base. A further 80 residential units are slated to open in Fall 2024 as part of Phase II development, further enhancing the property's potential. This exceptional retail space offers an unparalleled opportunity to establish a thriving business in a rapidly growing and highly desirable neighborhood. The property's modern construction and convenient location make it an ideal choice for a variety of retail uses. Contact us today to learn more about this exceptional leasing opportunity.

    Property Features for 4308 Calumet Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,741 SF
    Class
    A

    Building Details

    Year Built
    2024

    Unit(s) available at that property

    Space
    Retail 1
    Size
    1,995 SF
    Space
    Retail 3
    Size
    1,216 SF
    Space
    Retail 2
    Size
    1,530 SF

    HighLights

    • Class A, 4,741 SF retail space available for lease in Bronzeville, Cook County.
    • Three suites available, ranging from 1,216 SF to 4,741 SF contiguous.
    • Located directly adjacent to the 43rd (Green Line) CTA station.
    • Building features 99 residential units above the retail space, with an additional 80 units opening Fall 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    43 Green Apartment Complex

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -87.61849882885
    Latitude
    41.816618537148

    Nearby Similar for Lease

    • Contact for pricing
      6,970 SF

      Distinctive South Loop Commercial Space

      Versatile commercial space in Chicago's South Loop.
      819 S Wabash Ave, Chicago, IL 60605
      View Details
    • Contact for pricing

      Modern Office Building with Rooftop

      Newly constructed office building with rooftop retreat in Chicago.
      1290 N Clybourn Ave, Chicago, IL 60610
      View Details
    • Contact for pricing

      Prime Retail Space on North Avenue

      High-visibility commercial condo in Wicker Park, Chicago.
      1720 W North Ave, Chicago, IL 60622
      View Details
    • Contact for pricing
      47,916 SF

      Chicago Multifamily Property For Rent

      Multifamily property available for rent in Chicago, Illinois.
      816 W Cullerton St, Chicago, IL 60608
      View Details
    • Contact for pricing
      39,204 SF

      Pulaski Road Retail Opportunity

      Double storefront on highly traveled Pulaski Road. Many possibilities!
      8337 S Pulaski Rd, Chicago, IL 60652
      View Details
    • Contact for pricing

      Remodeled Office Space in Chicago

      Remodeled office space for rent in Chicago's Edison Park.
      6650 N Northwest Hwy, Chicago, IL 60631
      View Details
    • Contact for pricing

      Remodeled Office/Retail Space in Chicago

      Remodeled 800 SF ground floor unit in Edison Park.
      6650 N Northwest Hwy, Chicago, IL 60631
      View Details
    • Contact for pricing
      2,614 SF

      Chicago Office Space For Rent

      1,959 SF office space on Pulaski Rd, Chicago.
      6959 S Pulaski Ave, Chicago, IL 60629
      View Details
    • Contact for pricing

      Renovated Office Space Available

      Newly renovated office space for rent in Chicago.
      3534-3536 W 26Th St, Chicago, IL 60623
      View Details
    • Contact for pricing

      Prime Mixed-Use Building Retail Spaces

      Two commercial spaces in East Rogers Park, Chicago.
      1783-1785 W Howard St, Chicago, IL 60626
      View Details
    • Contact for pricing

      Southport Corridor Retail Space Available

      Bright retail space in Chicago's Southport Corridor, near Blaine Elementary.
      3827 N Southport Ave, Chicago, IL 60613
      View Details
    • Contact for pricing
      7,405 SF

      South Shore Redevelopment Opportunity

      Redevelopment opportunity in high-traffic South Shore community.
      7141 S Jeffery Blvd, Chicago, IL 60649
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Bronzeville retail, 3 suites available.
    Where is this retail property located?
    The property is located at 4308 Calumet Ave Chicago, IL.
    What are key features of this property?
    This property features: Class A, 4,741 SF retail space available for lease in Bronzeville, Cook County.; Three suites available, ranging from 1,216 SF to 4,741 SF contiguous.; Located directly adjacent to the 43rd (Green Line) CTA station.
    Request Owner's contact information
    4308 Calumet Ave Chicago, IL 60653
    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.
    4308 Calumet Ave
    Chicago, IL 60653
    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
    4308 Calumet Ave Chicago, IL 60653
    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.