1964 Peterson Ave, Chicago, IL 60660
Peterson Plaza, located at 1964 W. Peterson Ave, Chicago, IL 60660, presents a prime retail opportunity within a thriving shopping center. This single-tenant property boasts a total of 8,349 square feet, offering excellent visibility and accessibility. The building enjoys abundant window frontage along Peterson Avenue, maximizing exposure to the high volume of traffic. Illinois Department of Transportation data indicates a daily traffic count of 25,300 vehicles passing the center. The property includes a 16-car parking lot for customer convenience. Currently, 1,122 square feet are available for lease. The center benefits from prominent signage opportunities, including sign boxes and a pylon sign. This location offers a strong tenant mix, including established businesses such as Dunkin' Donuts, a cellular dealer, a liquor/convenience store, a fast-food restaurant, an insurance agency, and Subway. The property's location in a popular strip center ensures high foot traffic and strong brand visibility. This is an exceptional opportunity for a business seeking a high-traffic, well-established retail location in a bustling Chicago neighborhood. The property is classified as Retail and Land, with a Commercial, Shopping Center subtype. The county is Illinois.
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Peterson Plaza Department Store Grocery & Convenience Store
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.