Property profile

2351 North Ave Chicago, IL 60647

OFF-MARKET
Retail properties & Spaces
1,160 SF
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Property summary

AI-generated overview

This exceptional 1,160-square-foot retail or office space is located at 2351 W North Ave in Chicago, Illinois, within Cook County (zip code 60647). Situated on the ground floor of a modern mixed-use building with six residential units above, this single-tenant property offers immediate occupancy. The space is fully adaptable to a variety of uses, making it suitable for medical practices, personal service businesses, or other retail ventures. Its strategic location just east of the intersection of North and Western Avenues provides unparalleled visibility and accessibility. This high-traffic area boasts 51,700 vehicles passing daily, ensuring significant foot and vehicle traffic. The property benefits from its proximity to public transportation, being conveniently located near both the CTA Blue Line Western and Damen stations. Furthermore, its close proximity to The 606 Trail adds to its appeal and accessibility. This turnkey property presents a rare opportunity to establish a business in a vibrant and highly visible location within a thriving Chicago neighborhood. The property is vacant and ready for immediate occupancy.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,160 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
  • Tattoo & Piercing Shop
  • Clothing Store

Location

2351 North Ave Chicago, IL 60647
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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