Property profile

2537 North Ave Chicago, IL 60647

OFF-MARKET
Retail properties & Spaces
2,000 SF Built 1895
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Property summary

AI-generated overview

This exceptional 2,000 square foot street retail space, located at 2537 W North Ave in Chicago's East Humboldt Park submarket, presents a unique leasing opportunity. Situated on a vibrant street with excellent visibility, this single-tenant storefront boasts a recent 2024 renovation, offering a "white-box/vanilla box" condition ready for immediate occupancy. The building, constructed in 1895, features two stories and benefits from a B3-2 zoning classification. The space includes gas-forced heat and central air conditioning. Monthly rent is $3,500 modified gross, with tenant responsibility for gas, electric, and water/sewer (to be determined). The property's address is 2537 W North Ave, Chicago, IL 60647, conveniently located near Maplewood. This is an ideal location for a variety of retail businesses seeking a modern, well-located space in a thriving neighborhood. The property offers significant potential for growth and success. Total building square footage is 2,000 square feet, with all 2,000 square feet currently vacant. Property taxes are $0.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1895
Total area 2,000 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
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Marketing & Advertising

Location

2537 North Ave Chicago, IL 60647
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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