557 North Ave, Chicago, IL 60610
This exceptional retail property, located at 557 W North Ave in Chicago's vibrant 60610 zip code, offers a versatile space ideal for a variety of commercial uses. The building boasts a total of 2,577 square feet, currently entirely vacant and available for lease. This presents a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease portions, with a minimum divisible unit of 950 square feet. The maximum contiguous space available is the entire 2,577 square feet. Situated in Cook County, Illinois, this property benefits from excellent visibility and accessibility, making it an attractive location for businesses seeking high foot traffic and convenient access for customers. The property is classified as a multi-tenant retail space, providing flexibility for various business models. Its location in Chicago offers access to a large and diverse customer base. The property's size allows for customization to suit specific business needs, whether a single large operation or multiple smaller businesses. This is a rare opportunity to secure a prominent retail space in a desirable Chicago location. The property is ready for immediate occupancy. Interested parties should inquire promptly to secure this prime retail space.
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.