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    6253 Mccormick Blvd Chicago, IL 60659

    Sponsored
    For Lease
    $18 SF/Yr

    Three retail spaces available, high traffic area.

    Lot size:
    30,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail opportunity is located at 6253 N McCormick Blvd, Chicago, IL 60659, within a bustling shopping center in the Chicago Far North Side's North submarket. The property, classified as Class B, offers three vacant spaces ready for immediate occupancy, ranging from 1,722 to 2,833 square feet. The total building size is an impressive 30,560 square feet, providing ample space for a variety of retail uses. The property boasts an open floor plan, allowing for flexible configurations to suit individual tenant needs. The strategic location at the intersection of McCormick, Lincoln, and Devon Avenues ensures high visibility and accessibility, with excellent signage opportunities along McCormick Boulevard. The shopping center features abundant parking, catering to the convenience of both tenants and customers. The area is characterized by high traffic counts and is surrounded by major retail establishments, creating a vibrant and thriving commercial environment. The property is zoned B3-1, offering flexibility for a range of retail businesses. This is a truly remarkable opportunity to establish or expand a retail presence in a prime Chicago location.

    Property Features for 6253 Mccormick Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,560 SF
    Class
    B
    Total Rate
    45840

    Unit(s) available at that property

    Space
    6253-D
    Size
    1,722 SF
    Rate per SF
    $18
    Space
    6257
    Size
    2,833 SF
    Rate per SF
    $18
    Space
    6253-A
    Size
    2,237 SF
    Rate per SF
    $18

    HighLights

    • High‑visibility signage available.
    • Located on a major retail thoroughfare.
    • Ample on‑site parking.
    • Highly adaptable floor plans to suit various tenant needs.
    • Immediately available for occupancy.
    • Conveniently situated next to Lincoln Village Shopping Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.712919625997
    Latitude
    41.995475294369

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    FAQs

    What type of property is this?
    Retail property - Three retail spaces available, high traffic area.
    Where is this retail property located?
    The property is located at 6253 Mccormick Blvd Chicago, IL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: High-visibility signage available.; Located on a major retail thoroughfare.; Ample on-site parking.
    Request Owner's contact information
    6253 Mccormick Blvd Chicago, IL 60659
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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
    6253 Mccormick Blvd Chicago, IL 60659
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