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    4045 Diversey Ave Chicago, IL 60639

    For Lease
    $34 SF/Yr

    Diversey Ave Storefront & Land

    Lot size:
    18,529 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail property in Chicago's vibrant Logan Square offers a unique investment opportunity. Situated on a hard corner outlot at the high-traffic intersection of Diversey Avenue and Pulaski Road, this 0.32-acre site boasts prominent frontage and monument signage directly on Diversey. The property includes both inline retail units facing Diversey Avenue and Ross/Petco, providing flexibility for various retail concepts. An additional outlot parcel is available for ground lease, presenting further development potential. A rare and substantial parking lot for the area is a significant advantage, catering to customer convenience. The location benefits from its proximity to a Cermak Fresh Market, ensuring high foot traffic and visibility within a densely populated, high-income residential neighborhood. Commuters are well-served by its proximity to the MD-N Metra line (4 blocks) and easy access to I-90 (1 mile). The single-story building presents a versatile space adaptable to a range of retail uses. This prime location on a busy urban business corridor offers unparalleled exposure and accessibility, making it an ideal investment for discerning buyers seeking a high-impact retail presence in a thriving Chicago neighborhood. The property's multiple tenancy options allow for diverse income streams and strategic leasing opportunities.

    Property Features for 4045 Diversey Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,529 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    4057
    Size
    1,730 SF
    Rate per SF
    $34
    Space
    Outlot Parcel
    Size
    13,939 SF
    Space
    4053
    Size
    2,860 SF
    Rate per SF
    $34

    HighLights

    • Hard corner retail outlot on Diversey Avenue in Logan Square.
    • Inline units available facing Diversey Ave and Ross/Petco.
    • Outlot parcel at Diversey/Pulaski intersection available for ground lease.
    • Diversey Ave frontage and monument signage.
    • Large parking lot.
    • Across from Cermak Fresh Market on a high‑traffic corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -87.7287533
    Latitude
    41.9315354

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    FAQs

    What type of property is this?
    Individual retail property - Diversey Ave Storefront & Land
    Where is this individual retail property located?
    The property is located at 4045 Diversey Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $0.00-$34 SF/Yr.
    What are key features of this property?
    This property features: Hard corner retail outlot on Diversey Avenue in Logan Square.; Inline units available facing Diversey Ave and Ross/Petco.; Outlot parcel at Diversey/Pulaski intersection available for ground lease.
    Request Owner's contact information
    4045 Diversey Ave Chicago, IL 60639
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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
    4045 Diversey Ave Chicago, IL 60639
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