5555 North Ave Chicago, IL 60639
- Retail properties
- 16,000 SF
Current Use by Public Records
- Retail properties
Property Details for 5555 North Ave
- Property size
- 16,000 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional 16,000 square foot retail space, located at 5555 W North Ave in Chicago, Illinois (zip code 60639), presents a unique investment opportunity. Previously operating as a grocery store, the property boasts a complete suite of commercial kitchen equipment, including walk-in coolers and freezers, refrigeration displays, and extensive shelving. The building's single-tenant configuration simplifies management and offers immediate occupancy potential. Its strategic location at the hard-corner intersection of North and Central Avenues ensures high visibility and accessibility. The site benefits from excellent parking and exceptional traffic counts, with 30,000 vehicles per day (VPD) on North Avenue and 17,000 VPD on Central Avenue, guaranteeing significant foot traffic and potential customer base. Situated in Cook County, this property offers a rare chance to acquire a fully equipped, high-traffic retail space ready for immediate use or redevelopment. The property's size and features make it suitable for a variety of retail uses, offering flexibility for future tenants or owners. This is an ideal opportunity for investors seeking a strong return on investment in a prime Chicago location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7655
- Latitude
- 41.9093
