1403-05 Irving Park Rd, Chicago, IL 60613
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.