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    7133 Greenwood Ave Chicago, IL 60619

    For Lease
    Contact for pricing

    1,050 SF Retail Space in Chicago

    Lot size:
    1,050 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1,050-square-foot retail space is available for lease at 7133 S Greenwood Avenue in Chicago, Illinois, within Cook County. The property is classified as a single-tenant retail space with an apartment subtype, offering a unique opportunity for a variety of businesses. The entire building, totaling 1,050 square feet, is currently vacant, presenting a blank canvas for a prospective tenant to customize and develop. The address is conveniently located in the 60619 zip code, providing easy access to local amenities and a diverse customer base. This property is ideal for a business seeking a high-visibility location with ample space to establish a strong presence. The single-tenant occupancy ensures exclusive use of the entire building, eliminating the complexities of shared spaces and potential conflicts. The property's classification as both retail and apartment suggests potential flexibility in its usage, subject to local zoning regulations. Interested parties are encouraged to conduct their own due diligence regarding zoning and permitted uses. This is a prime opportunity to secure a well-located, sizable retail space in a vibrant Chicago neighborhood. The property's size and vacancy make it an attractive proposition for businesses looking to establish a new location or expand their existing operations. Further inquiries are welcome to discuss lease terms and conditions.

    Property Features for 7133 Greenwood Ave

    General Information

    Property type
    Multifamily properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,050 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    1,050 SF

    HighLights

    • 1,050‑square‑foot retail space available for lease at 7133 S Greenwood Avenue, Chicago, IL 60619.
    • Single‑tenant occupancy in a vacant building.
    • High‑visibility location with easy access to amenities and diverse customer base.
    • Potential for flexible use (subject to zoning).
    • Ideal for businesses seeking a new location or expansion.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Latrice's Hugs and Kisses ... Child Care Agency

    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
    -87.5980401
    Latitude
    41.7649817

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    FAQs

    What type of property is this?
    Multifamily property - 1,050 SF Retail Space in Chicago
    Where is this multifamily property located?
    The property is located at 7133 Greenwood Ave Chicago, IL.
    What are key features of this property?
    This property features: 1,050-square-foot retail space available for lease at 7133 S Greenwood Avenue, Chicago, IL 60619.; Single-tenant occupancy in a vacant building.; High-visibility location with easy access to amenities and diverse customer base.
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    Chicago, IL 60619
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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
    7133 Greenwood Ave Chicago, IL 60619
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