Property profile

1146 Wood St Chicago, IL 60612

OFF-MARKET
Retail properties & Spaces
1,545 SF
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Property summary

AI-generated overview

This exceptional 1,545-square-foot retail space is ideally situated at the northwest corner of Roosevelt and Wood Streets in Chicago's vibrant Illinois Medical District. Located on the ground floor of a newly constructed 76-unit residential building, this single-tenant space offers unparalleled visibility and accessibility. Currently vacant and in "white box" condition, the space boasts 12-foot ceilings, providing ample opportunity for customization to suit a variety of retail businesses. The property benefits from its strategic location within a thriving area, surrounded by a mix of office buildings and residential developments, ensuring a consistent flow of potential customers. Nearby established retailers include major players such as Jewel-Osco, Davita, and Costco, further enhancing the area's commercial appeal and attracting a diverse customer base. This presents a unique opportunity for a business seeking high-traffic exposure in a rapidly developing neighborhood. The property is classified as commercial retail and is ready for immediate occupancy. The address is 1146 S Wood Street, Chicago, IL 60612.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,545 SF

Cap rate & NOI

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

Location

1146 Wood St Chicago, IL 60612
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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