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    OFF-MARKET
    Retail properties & Spaces

    4308 Calumet Ave, Chicago, IL 60653

    4,741 SF Built 2024
    Property ID
    Property summary
    AI-generated overview

    This Class A, 4,741 square foot retail space is located in the vibrant Bronzeville submarket of Cook County. Built in 2024, the property offers three available suites, ranging from a minimum of 1,216 square feet to a maximum contiguous space of 4,741 square feet. The entire building is currently vacant, presenting a unique opportunity for a single tenant or multiple businesses to occupy this prime location. The building boasts a strategic position directly adjacent to the 43rd (Green Line) CTA station, ensuring high visibility and accessibility for customers. Adding to its appeal, the property benefits from the presence of 99 residential units located above the first-floor retail space, creating a built-in customer base. A further 80 residential units are slated to open in Fall 2024 as part of Phase II development, further enhancing the property's potential. This exceptional retail space offers an unparalleled opportunity to establish a thriving business in a rapidly growing and highly desirable neighborhood. The property's modern construction and convenient location make it an ideal choice for a variety of retail uses. Contact us today to learn more about this exceptional leasing opportunity.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2024
    Total area 4,741 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
    Current use
    Occupant on record · Public records
    • 43 Green Apartment Complex
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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