1700 Diversey Ave Chicago, IL 60614
This exceptional 1,745-square-foot retail space is available for immediate occupancy at 1700 W. Diversey in Chicago's vibrant Lincoln Park neighborhood. Located on the northwest corner of Diversey Avenue and Paulina Street, this ground floor unit boasts unparalleled visibility and accessibility. Previously occupied by Starbucks for over 15 years, the existing infrastructure remains in place, presenting a turnkey opportunity for a variety of food-related businesses. Imagine a coffee shop, donut shop, or similar concept thriving in this high-traffic location. The space is ideally suited for a tenant seeking strong brand exposure. Conveniently situated along Diversey Avenue, a major east-west thoroughfare connecting the Kennedy Expressway and Lake Shore Drive, this property offers excellent connectivity. Public transportation is readily available via the Diversey and Ashland bus lines, ensuring easy access for customers and employees. The property is located in Cook County, Illinois, and has a single tenant occupancy. This is a rare opportunity to secure a prime retail space in one of Chicago's most desirable neighborhoods. The property is classified as retail and land, offering a unique combination of commercial opportunities. The zip code is 60614.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.