1146 Wood St, Chicago, IL 60612
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.
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
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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.