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    2120 Washington Blvd Chicago, IL 60612

    Sponsored
    For Lease
    Contact for pricing

    Chicago Retail Space: 800-1100 sq ft Available

    Lot size:
    2,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional West Town, Chicago retail property presents a unique investment opportunity. Located at 2120 W Washington Blvd, in Cook County, IL, zip code 60612, this four-story building offers a total of 2,700 square feet of retail space currently fully vacant and available for lease. The building is classified as a retail property with apartment building subtypes, housing three individual suites. The property is ideal for a variety of retail uses, with flexible space options ranging from a minimum of 800 square feet to a maximum contiguous space of 1,100 square feet. The building's prime location in the vibrant West Town neighborhood provides excellent visibility and accessibility for businesses. Given the current vacancy, this presents a blank canvas for a prospective tenant to customize the space to their exact needs. The property's address is 2120 W Washington Blvd, Chicago, Illinois. The building's total square footage is 2,700 square feet, spread across four stories. This is a multi-tenant property with three suites available. Interested parties should note that the entire 2,700 square feet is currently vacant. The property is situated in a high-traffic area of Chicago, offering significant potential for business growth. This is an excellent opportunity to establish a presence in a thriving and desirable neighborhood.

    Property Features for 2120 Washington Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,700 SF

    Building Details

    Stories
    4

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,100 SF
    Space
    Unit #207
    Size
    1 SF

    HighLights

    • Rehabbed 1‑2 bedroom, 1‑2 bathroom condos in the historic Velmar Hotel Building with secured entry and gated parking.
    • Modern kitchens feature 42" maple cabinetry, granite countertops, mosaic tile backsplashes, and stainless steel appliances.
    • Open‑concept living areas with hardwood floors.
    • Updated bathrooms boast granite countertops and custom backsplashes.
    • In‑unit laundry and central air conditioning.
    • Building amenities include storage lockers, bicycle storage, elevator, and secured entry.
    Property Profile Location Intelligence

    Current Use by Public Records

    London Kenneth Hotel Top 2 Bottom ... Painter Groomes Building Condo Condominium Complex

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6801222
    Latitude
    41.8833893

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    FAQs

    What type of property is this?
    Retail property - Chicago Retail Space: 800-1100 sq ft Available
    Where is this retail property located?
    The property is located at 2120 Washington Blvd Chicago, IL.
    What are key features of this property?
    This property features: Rehabbed 1-2 bedroom, 1-2 bathroom condos in the historic Velmar Hotel Building with secured entry and gated parking.; Modern kitchens feature 42" maple cabinetry, granite countertops, mosaic tile backsplashes, and stainless steel appliances.; Open-concept living areas with hardwood floors.
    Request Owner's contact information
    2120 Washington Blvd Chicago, IL 60612
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    Chicago, IL 60612
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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
    2120 Washington Blvd Chicago, IL 60612
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