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    OFF-MARKET
    Retail properties & Spaces

    424 Division St, Chicago, IL 60610

    Property ID
    Property summary
    AI-generated overview

    This exceptional retail opportunity is located in Old Town Square, a thriving grocery-anchored shopping center at 424 W Division St, Chicago, IL 60610. The property boasts two available spaces, ranging from 1,104 to 2,172 square feet, perfect for a variety of retail uses. Situated in one of Chicago's most desirable neighborhoods, this infill location benefits from extremely dense demographics, with 460,000 people within a 3-mile radius. The center is anchored by a market-leading grocer with a proven track record of strong sales, ensuring high foot traffic and a robust customer base. Its strategic location at a major intersection experiences a high volume of vehicular traffic, exceeding 30,000 vehicles per day. The area is experiencing significant growth, with numerous new residential developments recently completed, further enhancing the property's appeal and potential. This prime location serves the affluent Old Town, Lincoln Park, Gold Coast, and Near North Side communities, offering unparalleled access to a diverse and affluent clientele. The multi-tenant property is located in Cook County and presents a rare opportunity to establish a presence in a highly sought-after Chicago market. Contact us today to learn more about this exceptional retail investment.

    Property profile
    Verified
    Property type Retail properties & Spaces
    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
    • Jewel-Osco Grocery & Convenience Store Food Market
    • Starbucks Cafe & Coffee Shop
    • TCF Bank ATM Atm
    • higi Medical Clinic
    • Coinstar Kiosk - Bitcoin ATM Atm Currency Exchange Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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