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    OFF-MARKET
    Retail properties & Spaces

    1146 Wood St, Chicago, IL 60612

    1,545 SF
    Property ID
    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
    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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