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    OFF-MARKET
    Retail properties & Spaces

    1461 Blue Island Ave, Chicago, IL 60608

    7,000 SF Built 2021
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7,000-square-foot Class A office building, located at 1461 S Blue Island Ave in Chicago's Little Italy | Pilsen submarket, presents a unique leasing opportunity. Built in 2021, this single-tenant property boasts a modern design with 14-foot ceilings and ample natural light, creating a dynamic and adaptable workspace. The building features two structures, each one story, and offers 20 parking spaces for convenient access. Its strategic corner location at the base of a 200+ unit residential building ensures high visibility and foot traffic. The B2-5 zoning allows for a variety of uses, including traditional office and medical office spaces, making it suitable for a range of businesses. The property's prime location in a vibrant community, coupled with its modern amenities and spacious layout, offers an unparalleled opportunity for businesses seeking a thriving environment. Annual property taxes are $5.35 per square foot. This is a rare chance to secure a highly desirable space in a rapidly developing area of Chicago. The cross street is 14th Street, and the zip code is 60608.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2021
    Total area 7,000 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
    Current use
    Occupant on record · Public records
    • Cleaning Club Chicago Hardware & Home Improvement
    • The Ori Collection at The Rosie Apartment Building
    • The Rosie Apartment Complex Apartment Rental Agency
    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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