Property profile

2555 111Th St Chicago, IL 60655

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 2,000 square foot retail space, formerly a dance studio, is ideally situated on busy 111th Street in Chicago's desirable Beverly Hills/Morgan Park neighborhood. The property boasts excellent visibility and accessibility, benefiting from its location bordering West Beverly, Beverly, Mount Greenwood, and Morgan Park communities. Ample on-site parking is a key advantage, with approximately 65 parking stalls available for tenants and customers. The space is easily adaptable to various retail or office uses, making it a versatile option for a wide range of businesses. The building enjoys a strong tenant mix, including established businesses such as CFX Fitness, QRS, and a salon, creating a vibrant and thriving commercial environment. This presents a unique opportunity for businesses seeking high visibility and convenient access in a well-established and affluent southwest Chicago community. The property's location on 111th Street near Western Avenue ensures significant foot and vehicle traffic, maximizing exposure for potential tenants. This is a turnkey opportunity for a business looking to establish or expand its presence in a prime location. The space is available for lease as a single unit. Cook County location.

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

Current use

Occupant on record · Public records
  • Training Center

Location

2555 111Th St Chicago, IL 60655
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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