Property profile

557 North Ave Chicago, IL 60610

OFF-MARKET
Retail properties & Spaces
2,577 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,577 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

557 North Ave Chicago, IL 60610
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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