Property profile

10941 Western Ave Chicago, IL 60643

OFF-MARKET
Specialty properties
15,246 SF Built 1968
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Property summary

AI-generated overview

This exceptional 800 square foot retail space is situated in the vibrant Beverly Hills/Morgan Park neighborhood of Chicago, Illinois, at 10941 S Western Ave, zip code 60643. The property, built in 1968, is a single-tenant space within a larger building totaling 15,246 square feet. The building is a single-story structure with 17 parking spaces, a significant advantage in this location. The absence of elevators is noted. This storefront enjoys high visibility on busy Western Avenue, offering excellent exposure to a dynamic retail market. The property benefits from rare off-street parking and pylon signage opportunities. Its versatility makes it suitable for a wide range of uses, including retail, quick-service restaurants (QSR), professional offices, personal services, medical practices, and dental offices. The location is strategically advantageous, adjacent to a Chicago Public Schools grammar school and across from established businesses such as Open Outcry Brewing and Home Run Inn Pizza. The property offers excellent signage opportunities, convenient parking, and easy accessibility. This is a rare opportunity to secure a prime retail space in a thriving Chicago neighborhood.

Property profile

Verified
Property type Specialty properties
Year built 1968
Total area 15,246 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Tax Preparation

Location

10941 Western Ave Chicago, IL 60643
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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