Property profile

2740 North Ave Chicago, IL 60647

OFF-MARKET
Retail properties & Spaces
27,528 SF Built 2015
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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

Location

2740 North Ave Chicago, IL 60647
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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