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    2211 Elston Ave Chicago, IL 60614

    Sponsored
    For Lease
    Contact for pricing

    Chicago Mixed-Use Retail Opportunity

    Lot size:
    122,422 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property at 2211 N. Elston Avenue in Chicago's Lincoln Park/Bucktown neighborhood offers up to 5,000 square feet of ground floor retail space for lease. The four-story building, totaling 122,422 square feet, underwent a complete renovation in 2003. Located at a signalized intersection with high visibility (approx. 21,250 vehicles per day), the space boasts an open floor plan, expansive windows, a shared kitchenette, and two bathrooms. Five dedicated parking spaces are available on-site. The property's prime location offers convenient access to the Kennedy Expressway, ensuring easy access to downtown Chicago and surrounding areas. The area is thriving, with numerous established retailers nearby, including Mariano's, Kohl's, Best Buy, and many popular restaurants. This space is ideal for a variety of retail, showroom, or medical office tenants seeking a high-traffic location in a rapidly growing submarket. Built in 1960, this Cook County property presents a unique opportunity to establish a business in a vibrant and well-connected Chicago neighborhood. The building is a multi-tenant property.

    Property Features for 2211 Elston Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    122,422 SF

    Building Details

    Year Built/Renovated
    1960/2003
    Stories
    4

    Unit(s) available at that property

    Space
    2211 N. Elston
    Size
    5,000 SF

    HighLights

    • Highly adaptable interior space for flexible tenant improvements.
    • Excellent signage visibility at the hard‑corner intersection of Elston and Webster Avenues (21,250 vehicles per day).
    • On‑site parking available.
    • Located in a rapidly expanding Chicago submarket.
    • Two blocks from the Clybourn Metra Station.
    Property Profile Location Intelligence

    Current Use by Public Records

    Your Portal Online Website Designer yogaview Chicago Yoga Studio NiKnack Marketing, Inc. Marketing Agency Vashti Araia: Licensed ... Real Estate Agents The Bui Group Real Estate Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -87.6723793
    Latitude
    41.9221088

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    FAQs

    What type of property is this?
    Retail property - Chicago Mixed-Use Retail Opportunity
    Where is this retail property located?
    The property is located at 2211 Elston Ave Chicago, IL.
    What are key features of this property?
    This property features: Highly adaptable interior space for flexible tenant improvements.; Excellent signage visibility at the hard-corner intersection of Elston and Webster Avenues (21,250 vehicles per day).; On-site parking available.
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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
    2211 Elston Ave Chicago, IL 60614
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