Property profile

11820 Western Ave Chicago, IL 60643

OFF-MARKET
Retail properties & Spaces
1,500 SF
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Property summary

AI-generated overview

This exceptional commercial property at 11820-11838 S Western Ave, Chicago, IL 60643, offers 1,500 square feet of retail and office space in a vibrant, high-traffic location. The property features multiple tenancies, with approximately 1,450 square feet currently vacant, presenting a fantastic opportunity for businesses seeking immediate occupancy. Situated in a bustling area known for its diverse retail scene, this space benefits from proximity to popular establishments such as the Blue Island Beer Company and Beverly Woods Restaurant, ensuring high visibility and foot traffic. The property's prime location within Chicago offers excellent access to a large customer base and provides a dynamic environment for retail or street retail tenants. The building's 1,500 square feet provides ample space for a variety of business uses, allowing for customization to meet specific needs. This is an ideal opportunity to establish a presence in a thriving Chicago neighborhood. The address is 11820 S Western Ave, Chicago, IL 60643.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Association Or Organization

Location

11820 Western Ave Chicago, IL 60643
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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