2461 Grand Ave, Chicago, IL 60612
This exceptional 7,300 square foot retail or restaurant space is ideally located at 2461 W. Grand Avenue in Chicago, Illinois, zip code 60612. The property is currently vacant and ready for immediate occupancy. A complete renovation was finished in 2024, ensuring modern and updated facilities for any business. The single-tenant space offers significant flexibility for a variety of uses, making it an attractive opportunity for entrepreneurs and established businesses alike. The property is zoned M1-2, allowing for a range of commercial activities. Situated in Cook County, this location benefits from excellent visibility and accessibility, providing convenient access for customers and employees. The building's substantial size provides ample space for a large-scale operation or the potential to subdivide for multiple smaller tenants (subject to zoning approval). This prime location offers a unique chance to establish a thriving business in a vibrant Chicago neighborhood. The property is available for lease and presents a compelling investment opportunity for those seeking a high-impact commercial space in a desirable area. Interested parties should inquire promptly to secure this exceptional property. The address is 2461 W. Grand Ave, Chicago, IL 60612.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.