1122 W Bryn Mawr Ave Chicago, IL 60660
- Retail space
- 7,300 SF
- 0.26 lot acres
Current Use by Public Records
- Retail space
Property Details for 1122 W Bryn Mawr Ave
- Year built
- 1931
- Lot size
- 0.26 lot acres
- Property size
- 7,300 SF
- Property type
- Retail space
- APN
- 14-05-408-011
- APU
- 1405408011
Description
This exceptional retail opportunity encompasses a 10,135 square foot multi-tenant building located at 1122-1126 W Bryn Mawr Avenue in Chicago, Illinois, within Cook County. Currently, 4,875 square feet of prime retail space is available for lease, ideal for a variety of uses, including restaurants and other storefront businesses. The property's address is 1122 W Bryn Mawr Ave, Chicago, IL 60660. Its strategic location offers excellent visibility and accessibility for customers. The building's total square footage is 10,135 square feet, indicating a substantial presence on this bustling commercial street. The available space presents a unique chance to establish or expand a business in a vibrant Chicago neighborhood. The property is classified as both retail and restaurant space, suggesting a versatile environment suitable for a range of culinary or retail concepts. The multiple tenancy structure provides a dynamic atmosphere and potential for synergy with neighboring businesses. This is a remarkable opportunity to secure a significant footprint in a high-traffic area of Chicago. The property's location at 41.983942 latitude and -87.659118 longitude provides easy access to major transportation routes and a diverse customer base. This listing presents a compelling investment prospect for businesses seeking a prominent location in a thriving Chicago market. Serious inquiries are encouraged to explore this exceptional retail space.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,685,000
- 6.5%
- $1,555,000
- 7%
- $1,445,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,026,000
- AI Estimate
- $1,090,000
Market price range: $1.25M - $2.03MMarket price range: $315k - $1.09M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,515,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,745,000 Change: +15% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $1,740,000 Change: +15% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6591
- Latitude
- 41.9839
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA