Property summary
This exceptional retail opportunity presents two adjacent, 1,500-square-foot spaces in Chicago's vibrant West Town neighborhood, offering the flexibility to lease individually or combine for a total of 3,000 square feet. Located on Chicago Avenue, this high-visibility space is a former ice cream/cafe, boasting brand-new storefronts and mechanical systems, completed in 2024 as part of a comprehensive building renovation. The ground floor retail space is complemented by residential apartments above. The property benefits from a strong co-tenancy, including established businesses such as Brasero, Roots Handmade Pizza, Mariano's, and many others, ensuring high foot traffic and a thriving commercial environment. Situated within a well-established and rapidly growing community, bordered by Wicker Park, East Village, Noble Square, and Ukrainian Village, this location offers excellent accessibility and visibility. The area is known for its tree-lined streets, strong housing stock, and proximity to downtown Chicago, making it a highly desirable location for businesses and residents alike. The building is zoned B1-2, and the total building size is 10,000 square feet, spread across two stories. This is a single-tenant space in a building with one structure. This is an ideal location for a variety of food and beverage concepts, or any business seeking a high-traffic, well-established neighborhood.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store
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Dental Office
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Dental Office
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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