1648 North Ave, Chicago, IL 60622
This exceptional 1,400 square foot retail space is perfectly situated on North Avenue, near Paulina Street, in the vibrant Wicker Park submarket. The property boasts a highly desirable C1-2 zoning classification, eliminating the need for any special use permits – a significant advantage for prospective tenants. The single-tenant space is entirely vacant and ready for immediate occupancy. The interior features high ceilings, measuring 11 feet, and includes pre-built rooms, offering a flexible layout adaptable to various business needs. The space is equipped with a 100-amp electrical service. Its strategic location benefits from high foot traffic and is anchored by the presence of Orange Theory Fitness, ensuring a steady stream of potential customers. This location offers unparalleled access to the bustling North Avenue corridor, making it an ideal opportunity for a variety of businesses, including salons, spas, boutiques, or professional service providers. The property's convenient access and prime location within the North Ave submarket cluster make it a truly exceptional investment opportunity. Don't miss this chance to establish your business in one of Chicago's most sought-after neighborhoods.
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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
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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.