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    OFF-MARKET
    Retail properties & Spaces

    1015-17 Armitage Ave, Chicago, IL 60614

    11,170 SF Built 1881
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2,294 square foot medical office space is situated in the heart of Chicago's vibrant Lincoln Park neighborhood at 1015-17 West Armitage Avenue. Part of a larger 11,170 square foot building constructed in 1881, this ground floor storefront offers unparalleled visibility and accessibility. The space boasts floor-to-ceiling windows, providing excellent natural light, and includes ADA-compliant restrooms. A convenient basement provides ample storage. This location benefits from high pedestrian traffic, situated along the bustling Armitage Avenue retail corridor, surrounded by a mix of national, regional, and local businesses. The property's prime location offers easy access to public transportation, being just steps from the Armitage "L" station (Brown/Purple lines) and within walking distance of the Fullerton "L" station (Red/Brown/Purple lines). It's also less than a mile from I-94 access, ensuring convenient access for patients and staff. Nearby establishments include Starbucks, Studio Lagree, Le Pain Quotidien, Bonobos, Aesop, and many other popular retailers, creating a thriving and desirable commercial environment. The building is located in Cook County, Illinois, and offers multiple tenancy options. This is a rare opportunity to secure a well-positioned medical office space in one of Chicago's most affluent and sought-after neighborhoods.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1881
    Total area 11,170 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
    Value estimations
    Realmo proprietary · 4 methods
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