1958 North Ave Chicago, IL 60622
- Retail properties
- 12,000 SF
Current Use by Public Records
- 1958 West North Apartments / Apartment Building
- Chase ATM / Atm
- Chase Bank / Atm / Bank
- NOAH 2 / Corporate Office
Property Details for 1958 North Ave
- Property size
- 12,000 SF
- Property type
- Retail properties
Description
This exceptional 12,000-square-foot retail space at 1958 W North Ave in Chicago, Illinois, presents a unique investment opportunity. The single-tenant property boasts a highly visible location in Cook County, benefiting from its proximity to the CTA Blue Line Damen station, a transit hub serving over two million riders annually following a $13.6 million renovation in 2015. The building's prominent position is further enhanced by its adjacency to the Robey Hotel, an 89-room boutique hotel, and its location just south of the 606, a popular elevated walking and biking trail that attracted over 1.84 million visitors in 2017. The property is classified as a shopping center and comprises two levels plus a basement, all totaling 12,000 square feet, currently vacant and ready for immediate occupancy. This historically significant building offers unparalleled exposure and accessibility, making it an ideal location for a variety of retail businesses seeking a high-traffic, high-visibility presence in a vibrant Chicago neighborhood. The property's zip code is 60622. The building's size and location provide significant potential for a wide range of retail uses. This is a rare opportunity to acquire a substantial retail space in a rapidly developing area of Chicago.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6773
- Latitude
- 41.9107