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Property profile & analytics

6335 Western Ave Chicago, IL 60659

  • Banks
  • 5,100 SF
  • 0.12 lot acres
Value Estimation
Location Intelligence
Property ID
US28-0305872
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Hanmi Bank / Savings Bank / Bank
  • Hanmi Bank ATM / Atm

Property Details for 6335 Western Ave

Year built
1941
Lot size
0.12 lot acres
Property size
5,100 SF
Property type
Banks
APN
14-06-100-033
APU
1406100033

Description

This exceptional retail property at 6335 N Western Avenue in Chicago, Illinois, presents a compelling investment opportunity. The building, zoned B3-2, boasts a substantial 9,090 square feet of space, ideally suited for a variety of retail uses, currently configured as a bank. Situated on a 0.63-acre lot, the property enjoys significant visibility and accessibility with 250 feet of frontage on Western Avenue, averaging 110 feet in depth. High traffic volume is assured, with a daily traffic count of 22,300 vehicles passing by. Ample parking is available for customers and staff, with 35 spaces provided on-site. The asking price for this well-located and established property is $2,500,000. The Cook County location, within the 60659 zip code, offers excellent access to a dense population base and strong consumer spending. This property represents a rare chance to acquire a substantial retail space in a prime Chicago location with high visibility and established infrastructure. The existing bank layout offers a solid foundation for a variety of retail businesses, or potential redevelopment opportunities. The property's size, location, and traffic count make it an attractive investment for both experienced and emerging investors seeking a strong return on investment in a thriving Chicago market.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $505,000
  • CAP approach

    CAP return
    Estimation
    6%
    $565,000
    6.5%
    $580,000
    7%
    $570,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $545,000
    Geo Method
    $620,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $435,000
    Retail
    $530,000
    Mixed-Use
    $590,000
    Hospitality
    $580,000
    Educational
    $525,000
    Residential Income
    $495,000
    Energy
    $440,000
    Income-Based Land
    $485,000
    Food Service
    $500,000

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6895
Latitude
41.997
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$72,056
$47,250
$253,158
$300,408
-
$189,000
$1,012,632
$1,201,632
More about this property
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