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    OFF-MARKET
    Retail properties & Spaces

    2740 North Ave, Chicago, IL 60647

    27,528 SF Built 2015
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3,000 square foot retail storefront is available for lease at 2740 W. North Avenue in Chicago's Wicker Park neighborhood. Located at the base of a 15-unit apartment building, this space offers high visibility and accessibility. Situated just east of the intersection of California Avenue and North Avenue, it benefits from approximately 23,900 vehicles per day passing by. The property boasts excellent exposure and is ideal for a variety of retail, medical, or service-oriented businesses. The building itself totals 27,528 square feet and was constructed in 2015, featuring elevators for convenient access. This Cook County property is conveniently located less than one mile from the Damen and Western Blue Line "L" stations, providing easy public transportation access. Furthermore, it's approximately 1.5 miles west of the Kennedy Expressway (I-90/I-94), offering convenient access to major roadways. The area is densely populated with strong retail presence, including nearby businesses such as Cermak Produce, Walgreens, Family Dollar, Anytime Fitness, AutoZone, GameStop, Pizza Hut, Burger King, and McDonald's. The building has multiple tenants. Currently, 3,000 square feet is vacant and ready for immediate occupancy.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2015
    Total area 27,528 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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