Property profile

4183 Irving Park Rd Chicago, IL 60641

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 2,088 square foot, two-story retail building is located at a highly visible, lighted intersection in Chicago's Old Irving Park neighborhood, at the corner of Irving Park Road and Keeler Avenue. The property boasts exceptionally rare highway signage opportunities, with four available signs for street-level branding. Ample parking is provided with 29 dedicated on-site spaces. Benefit from strong co-tenancy with established businesses such as Potbelly Sandwiches, Lou Malnati's Pizzeria, Backlot Coffee, and Lifestance. The building enjoys unparalleled accessibility, situated directly adjacent to the Irving Park Metra Station (1.2 million annual riders) and the CTA Irving Park Blue Line (1.283 million annual riders). The location also benefits from easy access via the Irving Park Road Kennedy Expressway Interchange. This prime location is a gateway to significant new developments, including a 160,000 square foot Northwestern Medicine facility and the Sears redevelopment project, which will encompass 206 residential units and 50,000 square feet of retail space anchored by a Target. This presents a unique opportunity for a business seeking high visibility and strong foot traffic in a rapidly growing area. The property is classified as a single-tenant retail building, ideal for a variety of businesses.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4183 Irving Park Rd Chicago, IL 60641
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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