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    1237 Fullerton Ave Chicago, IL 60614

    For Lease
    Contact for pricing

    Lincoln Park retail space available. High-traffic location.

    Lot size:
    265,062 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity is located at 1237 West Fullerton Avenue in Chicago's vibrant Lincoln Park neighborhood. The space, part of a six-story, 176-unit apartment building, offers 1,222 to 1,430 square feet of contiguous space within a larger 265,062 square foot power center. Currently, 2,652 square feet are vacant. Built in 2007, the property boasts a prime location adjacent to DePaul University's main campus (over 15,000 students) and just over two blocks from the Fullerton "L" station, ensuring high foot traffic and visibility. Units feature various layouts, attractive glass pane frontage along Fullerton Avenue, and black-iron compatibility. This is a chance to join established co-tenants including Starbucks, Sports Clips, 9 Round Boxing, and Umai Sushi, in a thriving retail environment. The area is also home to numerous other popular businesses such as Whole Foods, CVS Pharmacy, Dunkin' Donuts, Lake Shore Fitness, Lou Malnati's, McDonald's, and Burger King. Employee garage parking is available at an additional cost. The property is located in Cook County, Illinois, and has a zip code of 60614.

    Property Features for 1237 Fullerton Ave

    General Information

    Property type
    Power centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    265,062 SF

    Building Details

    Year Built
    2007
    Stories
    6

    Unit(s) available at that property

    Space
    Suite 9
    Size
    1,430 SF

    HighLights

    • Strong co‑tenancy with Starbucks, Umai Sushi, Sport Clips, and 9round Fitness.
    • High‑traffic location adjacent to DePaul University's Quad and Central Classroom buildings (15,000+ students, faculty, and staff).
    • Units feature modern black iron and glass storefront design.
    • Three blocks from the Fullerton "L" station (Red, Brown, and Purple lines).
    • Excellent location near new Lincoln Park high‑rise developments (Lincoln Common and Elevate), driving increased foot traffic.
    • One mile east of I‑90/94.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ion Lincoln Park Apartment Complex Golden Fitness Health Physical Fitness Program

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6595921
    Latitude
    41.9252664

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    FAQs

    What type of property is this?
    Power center - Lincoln Park retail space available. High-traffic location.
    Where is this power center located?
    The property is located at 1237 Fullerton Ave Chicago, IL.
    What are key features of this property?
    This property features: Strong co-tenancy with Starbucks, Umai Sushi, Sport Clips, and 9round Fitness.; High-traffic location adjacent to DePaul University's Quad and Central Classroom buildings (15,000+ students, faculty, and staff).; Units feature modern black iron and glass storefront design.
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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
    1237 Fullerton Ave Chicago, IL 60614
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