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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5301-5323 Western Ave Chicago, IL 60609

308,000 SF 8.32 ac lot
Property ID
Property summary
AI-generated overview

This exceptional retail property, located at 5301-5323 S. Western Ave in Chicago, Illinois (zip code 60609), presents a significant investment opportunity. The property boasts a substantial 308,000 square feet of retail space situated on a generous 8.32-acre lot. The asking price is $13,090,000, translating to $42.50 per square foot. This price point also reflects a land value of $42.50 per square foot. The property is zoned M2, offering flexibility for a variety of retail uses. Convenient on-site parking is provided for 100 vehicles. The property's prime location in Cook County, Chicago, offers excellent visibility and accessibility, making it an ideal location for a thriving retail business or portfolio addition. This substantial property presents a rare opportunity to acquire a large-scale retail center in a high-traffic area of Chicago. The property's size and zoning provide significant potential for future development and expansion. Detailed financial information and property specifics are available upon request. This is a must-see for serious investors seeking a high-return retail investment in a dynamic Chicago market.

Property profile
Verified
Property type Retail properties & Spaces
Total area 308,000 SF
Lot 8.32 ac (362,419 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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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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