Property profile

415 North Ave Chicago, IL 60610

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 2,600 square foot retail space is ideally situated in Chicago's vibrant Old Town neighborhood, offering immediate occupancy. The property boasts bright, clean interiors and benefits from high visibility along North Avenue. The space features impressive 13+ foot clear ceiling heights on the main level, complemented by an additional 2,300 square foot basement with 8-foot ceilings. Completely renovated in 2018, this vintage mixed-use building also includes eight luxury apartments above. The location is incredibly convenient, with a dense, affluent residential population nearby (14,005 households within 0.5 miles, median household income $182,743). Public transportation is readily accessible, with the Sedgwick 'L' Station (Brown/Purple lines) just steps away and a CTA bus stop directly in front. The property is within easy walking distance of Old Town's renowned retail, entertainment, dining, and nightlife options, including iconic venues such as The Second City, Zanies Comedy Club, and Old Town Ale House. Parking is available. This property presents a unique opportunity for a business seeking a high-profile location in a thriving, established community. The space is suitable for a variety of retail uses. The combination of size, location, and amenities makes this an exceptional offering.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Photography Service
  • Bank Credit Union

Location

415 North Ave Chicago, IL 60610
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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