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    OFF-MARKET
    Retail properties & Spaces

    865 North Ave, Chicago, IL 60642

    37,036 SF
    Property ID
    Property summary
    AI-generated overview

    865 W North Avenue presents a unique retail investment opportunity in Chicago's vibrant Lincoln Park neighborhood. This multi-tenant property boasts a total of 37,036 square feet, with 20,036 square feet currently vacant and available for lease. Individual spaces range from a minimum of 4,036 square feet to a maximum contiguous space of 8,000 square feet, offering flexibility for various retail concepts. The building is strategically located in the heart of the North Avenue retail corridor, just one block west of the North/Clybourn CTA station, ensuring high foot traffic and excellent visibility. This prime location places the property in close proximity to a number of high-profile retailers, including Apple, Crate & Barrel, The Container Store, and Whole Foods, further enhancing its appeal and potential for success. The property sits at the bustling intersection of W North Avenue and Sheffield Avenue, guaranteeing significant exposure to a diverse customer base. This is an exceptional chance to establish a presence in one of Chicago's most desirable retail destinations within Cook County, Illinois, and zip code 60642. The property's size and location make it ideal for a variety of retail uses, offering a compelling investment opportunity for discerning businesses seeking a high-impact location.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 37,036 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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