1435 Blue Island Ave, Chicago, IL 60608
This exceptional 7,000-square-foot commercial property, located at 1435 S Blue Island Ave in Chicago's vibrant Little Italy/UIC/Pilsen neighborhood, presents a unique leasing opportunity. Built in 2021, this Class A space is situated in a prime corner location, offering excellent visibility and accessibility. The building boasts a single-story design with two buildings totaling 7,000 square feet of vacant space, perfect for a variety of uses, including retail, traditional office, or medical office. The high 14-foot ceilings and open layout provide exceptional flexibility for tenant build-outs. Ample parking is available with 20 spaces on-site. The property is zoned B2-5 and benefits from convenient access to 14th Place. Annual property taxes are $5.35 per square foot. This is an ideal location for businesses seeking a dynamic and adaptable space within a thriving community. The property's modern amenities and strategic location make it an exceptional investment opportunity. Don't miss this chance to establish your business in this desirable Chicago neighborhood.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.