5425 Chicago Ave Chicago, IL 60651
This exceptional 5,623 square foot retail and office strip center, built in 2010, presents a prime opportunity. Located at 5425-5433 W Chicago Ave, at the corner of Lotus Avenue, in Chicago's vibrant Austin neighborhood, this single-story building boasts high visibility and accessibility. Currently, a 1,098 square foot white box space is available, offering a blank canvas for customization. The space features a 14-foot ceiling height and a convenient rear restroom. The property includes a substantial 20-car parking lot, ensuring ample parking for customers and employees. The building is part of a thriving four-tenant center, with established co-tenants including McDonald's, Dollar General, and Family Dollar, creating a synergistic retail environment. The B3-1 zoning allows for a variety of commercial uses. This location benefits from excellent access and visibility, making it an ideal space for a variety of businesses seeking a high-traffic location in a well-established neighborhood. The property's newer construction (10 years old) ensures modern amenities and low maintenance costs. This is a rare opportunity to secure a well-positioned retail space in a high-density retail corridor. Don't miss out on this chance to establish your business in a prime location.
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.