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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1122 Chicago Ave Chicago, IL 60642

100,573 SF Built 2023
Property ID
Property summary
AI-generated overview

This exceptional 1,880 square foot medical office space is located at 1122 W Chicago Avenue in Chicago's vibrant River West submarket. Part of a larger 100,573 square foot building, completed in 2023, this suite offers a prime opportunity for medical professionals seeking a modern and efficient workspace. The building features a total of 6170 suites, with this particular space offering a flexible layout ideal for a variety of medical practices. The suite boasts a 15-foot ceiling height, providing ample space and a sense of openness. Power is provided by a robust 400-amp service. The building's zoning is PD, allowing for a range of uses. The property is conveniently located near the intersection of Chicago Avenue and Milwaukee Avenue, offering excellent visibility and accessibility. The minimum divisible space is 1,880 square feet, and the maximum contiguous space available is also 1,880 square feet. This is a rare opportunity to secure a brand-new, well-appointed medical office space in a highly desirable location. The building has a floor area ratio (FAR) of 5. This space is currently vacant and ready for immediate occupancy. Inquire today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 100,573 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
Current use
Occupant on record · Public records
  • Nevele22 Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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