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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3621-3651 Western Ave Chicago, IL 60618

9,516 SF
Property ID
Property summary
AI-generated overview

This exceptional 9,516-square-foot commercial property, located at 3621-3651 N. Western Avenue in Chicago's Downtown North submarket (Cook County, IL, zip code 60618), offers a unique opportunity for businesses seeking flexible and high-profile office space. The single-story building features multiple suites, with a minimum divisible space of 2,158 square feet and a maximum contiguous space of 3,818 square feet. Currently, the entire 9,516 square feet is vacant, presenting a rare chance to customize the space to meet specific needs. The property is classified as Retail, Office, and is further subtyped as Executive Office, Coworking, and Creative Office, making it suitable for a variety of businesses. The building boasts excellent visibility due to its location on a heavily trafficked section of Western Avenue, north of Addison Avenue, benefiting from strong daytime and evening traffic. A significant advantage is the availability of 54 surface parking spaces, a rare commodity in Chicago. The property is easily accessible, situated at 41.947792 latitude and -87.687965 longitude. While there are three total suites, there are no elevators. This presents a unique opportunity to establish a prominent presence in a desirable Chicago location.

Property profile
Verified
Property type Retail properties & Spaces
Total area 9,516 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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