Property profile

2461 Grand Ave Chicago, IL 60612

OFF-MARKET
Retail properties & Spaces
7,300 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 7,300 SF

Cap rate & NOI

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

Location

2461 Grand Ave Chicago, IL 60612
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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