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    OFF-MARKET
    Retail properties & Spaces

    6239-6255 Archer Ave, Chicago, IL 60638

    1,500 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,500 square foot retail space is ideally situated on Archer Avenue in Chicago's Garfield Ridge neighborhood. The property boasts excellent visibility and ample parking, making it highly attractive to potential tenants. Currently, the entire space is available for lease, presenting a unique opportunity for a single tenant to establish a strong presence in a thriving commercial area. The building is a multi-tenant property with established co-tenants including Home Run Inn Pizza, Athletico, and Vaunt Fitness, ensuring a steady flow of foot traffic. Its strategic location offers convenient access to a diverse range of businesses and amenities. Nearby retailers include Jewel Osco, Wingstop, and Bank of America, further enhancing the area's appeal. The property's proximity to Midway International Airport (approximately one mile away) provides significant advantages for businesses catering to travelers or those seeking convenient access to transportation hubs. Located in Cook County, Illinois, with a 60638 zip code, this retail space offers a compelling combination of location, visibility, and established neighboring businesses, making it an ideal investment opportunity. The property is classified as retail commercial real estate with multiple tenancy options. The entire 1,500 square feet is currently vacant.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 1,500 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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