3621-3651 Western Ave Chicago, IL 60618
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.
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
Similar Nearby for Lease
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.