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    3621-3651 Western Ave Chicago, IL 60618

    Sponsored
    For Lease
    Contact for pricing

    3,540 SF Shopping Center - Available Now

    Lot size:
    3,540 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,540-square-foot retail space, located at 3621-3651 North Western Avenue in Chicago, Illinois, presents a unique opportunity for businesses seeking a prominent location in Cook County. Currently entirely vacant, the entire shopping center is available for lease. The property is classified as a multi-tenant retail space, offering significant flexibility for a variety of retail concepts. Its address in the 60618 zip code places it within a vibrant and accessible area of Chicago. The building's total square footage is 3,540 square feet, providing ample space for a single large tenant or the potential for division among multiple smaller businesses. Given its complete vacancy, this property offers a blank canvas for a prospective tenant to customize the space to perfectly suit their needs and brand identity. The property's location offers excellent visibility and accessibility, making it an ideal location for attracting customers. This is a rare opportunity to secure a substantial retail presence in a desirable Chicago neighborhood. Interested parties are encouraged to inquire for further details and leasing information. The property is situated at latitude 41.947318 and longitude -87.6878838.

    Property Features for 3621-3651 Western Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,540 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,540 SF

    HighLights

    • High‑traffic retail center on Western Ave (30,600 VPD) and Addison St (21,000 VPD).
    • Strong tenant mix including Sploot, MyEyeDr, Dave's Hot Chicken, and Chicago Oral Surgery.
    • High visibility and strong traffic counts, day and night.
    • Rare surface parking in Chicago.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6878838
    Latitude
    41.947318

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    FAQs

    What type of property is this?
    Lifestyle center - 3,540 SF Shopping Center - Available Now
    Where is this lifestyle center located?
    The property is located at 3621-3651 Western Ave Chicago, IL.
    What are key features of this property?
    This property features: High-traffic retail center on Western Ave (30,600 VPD) and Addison St (21,000 VPD).; Strong tenant mix including Sploot, MyEyeDr, Dave's Hot Chicken, and Chicago Oral Surgery.; High visibility and strong traffic counts, day and night.
    Request Owner's contact information
    3621-3651 Western Ave Chicago, IL 60618
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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
    3621-3651 Western Ave Chicago, IL 60618
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