Property profile

2000 Clifton Ave Chicago, IL 60614

OFF-MARKET
Retail properties & Spaces
2,900 SF
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Property summary

AI-generated overview

This exceptional 2,900 square foot commercial condo is ideally situated at the northwest corner of Armitage and Clifton Avenues in Chicago's coveted Lincoln Park neighborhood. The property boasts a vibrant 1,500 square foot main level space, perfect for retail, with excellent window lines and natural light exposure along Armitage Avenue. A sizable 1,400 square foot lower level adds significant usable space. The main level includes a bathroom and a kitchen. This mixed-use building places the commercial space at the base, with residential condos above. The location is unparalleled, offering convenient access to public transportation, being steps from the Armitage "L" station (Brown/Purple lines), and within a mile of Interstate-94 and two miles of Lake Shore Drive. This prime commercial corridor is surrounded by a thriving mix of businesses, including Trader Joe's, Walgreens, Foxtrot, and many popular restaurants. The property's proximity to Lincoln Park High School and its position in one of Chicago's most affluent neighborhoods ensures high foot traffic and visibility. This is a unique opportunity to acquire a thriving commercial space in a highly desirable location. The asking price is $640,000.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,900 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
  • Interior Design Home Decor Store

Location

2000 Clifton Ave Chicago, IL 60614
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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