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    OFF-MARKET
    Medical Office Space

    2540 Chicago Ave, Chicago, IL 60622

    Built 2005
    Property ID
    US28-0850747
    Property summary
    AI-generated overview

    This exceptional 1,386 square-foot mixed-use property in Chicago's vibrant Ukrainian Village offers unparalleled potential. Located on Chicago Avenue, it boasts prime frontage and high visibility, ensuring robust traffic. Built in 2005, this Class B building features a single tenancy, 13-foot ceilings, and C1-C2 zoning. Permitted uses are diverse, including retail, restaurants (limited service in C1, larger in C2), personal services, medical/veterinary clinics, and even residential options like artist live/work spaces. The adaptable space is ideal for a variety of businesses or a unique live/work arrangement. Annual property taxes are $4.81 per square foot. This Cook County property presents a unique opportunity to capitalize on a high-traffic location and flexible zoning in a thriving neighborhood. The property's excellent exposure and versatile zoning make it a compelling investment for both established businesses and new ventures. Consider the possibilities of this adaptable space in a dynamic Chicago location.

    Property profile
    Verified
    Property type Medical Office Space
    Year built 2005
    UPID US28-0850747
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dr. Mariya Dmytriv-Kapeniak Pediatrician Physician
    • Peggy Wang Pediatrician Medical Clinic
    • Gold Coast Bariatrics LLC Physician
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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