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    OFF-MARKET
    Retail properties & Spaces

    1403-05 Irving Park Rd, Chicago, IL 60613

    15,000 SF Built 1930
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail property, located at 1403-1405 W. Irving Park Road in Chicago's vibrant Lakeview neighborhood, offers a total of 15,000 square feet of commercial space. Currently, 2,000 square feet is available for lease. The building, constructed in 1930, features two adjacent 1,000 square foot spaces ideally suited for a variety of businesses, particularly those in the food service industry, such as bakeries or coffee shops. These spaces are situated on a bustling corner location, providing excellent visibility and high foot traffic. The property benefits from its proximity to a bus stop and Divvy bike station, further enhancing accessibility. The surrounding area is densely populated with popular shops, restaurants, and residential buildings, creating a thriving commercial environment. The available space can be leased as a single unit or separately, offering flexibility to potential tenants. Lease rates are competitive and negotiable. This presents a unique opportunity for businesses seeking a prime location in a high-demand area of Chicago, within Cook County, Illinois, zip code 60613. The property is classified as single-tenant retail space.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1930
    Total area 15,000 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
    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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