Property profile

1403-05 Irving Park Rd Chicago, IL 60613

OFF-MARKET
Retail properties & Spaces
15,000 SF Built 1930
Saved · see the list in your Dashboard

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

Location

1403-05 Irving Park Rd Chicago, IL 60613
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1403-05 Irving Park Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message