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    Property profile & analytics

    4500-4700 Damen Ave Chicago, IL 60609

    • Retail properties
    • 265,413 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 4500-4700 Damen Ave

    Year built
    1990
    Property size
    265,413 SF
    Property type
    Retail properties

    Description

    The Yards Plaza, located at 4500-4700 S. Damen Ave in Chicago, IL 60609, offers a significant retail opportunity within Cook County. This multi-tenant commercial property boasts a total of 265,413 square feet, with 76,451 square feet currently vacant and available for lease. Spaces range from a minimum of 3,100 square feet to a maximum contiguous space of 73,351 square feet, providing flexibility for various business needs. Built in 1990 and renovated in 2013, the property sits on a substantial 23.21-acre lot and includes ample parking with 1200 spaces. The property's APN is 20-06-303-020-0000, 20-06-303-027-0000. This prime location offers excellent visibility and accessibility, making it an ideal space for businesses seeking a prominent presence in the Chicago market. The property is zoned for commercial use. Inquire today to learn more about leasing opportunities.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6761
    Latitude
    41.8111

    Comparable in this City

    • Value Estimation by Request
      4,463 SF

      4101 State St

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    • Value Estimation by Request
      55,775 SF

      1424 47Th St

      Neighborhood centers • 55,775 SF
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    • Value Estimation by Request
      2.48 Acres

      4027 Wells St

      Retail properties • 12,000 SF
      4027 Wells St, Chicago, IL 60609
      View Details
    • Value Estimation by Request
      7,600 SF

      3845 Winchester Ave

      Office space • 7,600 SF
      3845 Winchester Ave, Chicago, IL 60609
      View Details
    • Value Estimation by Request
      308,000 SF

      5301-5323 Western Ave

      Retail properties • 308,000 SF
      5301-5323 Western Ave, Chicago, IL 60609
      View Details
    • Value Estimation by Request
      8,241 SF

      246 51St St

      Lifestyle centers • 8,241 SF
      246 51St St, Chicago, IL 60609
      View Details

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    Chicago, IL 60609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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