Property profile

1027 Addison St Chicago, IL 60613

OFF-MARKET
Retail properties & Spaces
1,291 SF
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Property summary

AI-generated overview

This exceptional 1,291-square-foot retail space presents a unique sublease opportunity in the highly desirable Wrigleyville neighborhood of Chicago. Located on Addison Street, this single-tenant property boasts a spacious, open floor plan ideal for a variety of retail businesses. The unit features ample storage and expansive storefront windows, ensuring maximum visibility and attracting significant foot traffic from both residents and tourists. The property's location within this vibrant area guarantees high exposure and accessibility. The lease term extends until April 2034, providing long-term stability for your business. The property is situated in Cook County and offers a flexible layout easily adaptable to suit diverse business needs. This is a rare chance to establish a thriving retail presence in one of Chicago's most dynamic and popular neighborhoods. The high volume of pedestrian traffic ensures consistent customer engagement, making this an exceptional investment opportunity for a business seeking a prominent location with strong potential for growth. The substantial storefront windows provide excellent natural light and showcase your business effectively to passersby. The ample storage space allows for efficient inventory management and operational flexibility. Don't miss this chance to secure a prime retail location in the heart of Wrigleyville.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,291 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Motorcycle Shop
  • (Bike/Boat/Book/etc) Store
  • Grocery & Convenience Store
  • Freight Service Logistics Company
  • Restaurant

Location

1027 Addison St Chicago, IL 60613
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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