301 North Ave, Chicago, IL 60610
This exceptional retail opportunity presents 23,312 square feet of vacant space at 301 W North Avenue in Chicago's vibrant Old Town neighborhood. Located on a high-profile corner, the property boasts 39 feet of frontage on North Avenue and offers ample street parking. Units range from a minimum of 1,312 square feet to a maximum contiguous space of 22,000 square feet, providing flexibility for various retail concepts. The space features floor-to-ceiling windows, 13-foot ceilings, and benefits from its location within a six-story luxury apartment building with 69 units. Building amenities include a rooftop deck, fitness center, outdoor kitchen, fire pit, wading pool, and community lounge, attracting a high-end demographic with an average household income exceeding $144,000. The property's strategic location provides easy access to the CTA Brown Line (Sedgwick station), boasting 1 million annual riders, and is just one mile from North Avenue Beach and Lake Shore Drive. The area experiences a high volume of pedestrian traffic (VPD 33,183), making it an ideal location for a variety of retail businesses. The property is zoned B3-5. This is a truly unique opportunity to establish a thriving business in a highly desirable and densely populated area.
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301 W North Avenue Apartment Building
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.