4045 Diversey Ave Chicago, IL 60639
This exceptional retail property in Chicago's vibrant Logan Square offers a unique investment opportunity. Situated on a hard corner outlot at the high-traffic intersection of Diversey Avenue and Pulaski Road, this 0.32-acre site boasts prominent frontage and monument signage directly on Diversey. The property includes both inline retail units facing Diversey Avenue and Ross/Petco, providing flexibility for various retail concepts. An additional outlot parcel is available for ground lease, presenting further development potential. A rare and substantial parking lot for the area is a significant advantage, catering to customer convenience. The location benefits from its proximity to a Cermak Fresh Market, ensuring high foot traffic and visibility within a densely populated, high-income residential neighborhood. Commuters are well-served by its proximity to the MD-N Metra line (4 blocks) and easy access to I-90 (1 mile). The single-story building presents a versatile space adaptable to a range of retail uses. This prime location on a busy urban business corridor offers unparalleled exposure and accessibility, making it an ideal investment for discerning buyers seeking a high-impact retail presence in a thriving Chicago neighborhood. The property's multiple tenancy options allow for diverse income streams and strategic leasing opportunities.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.