Property profile

2550 Clybourn Ave Chicago, IL 60614

OFF-MARKET
Community centers
Property ID
US28-1319280
82,000 SF 6.9 ac lot Built 1988
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

Riverpoint Center is a community shopping center located in the Lincoln Park neighborhood of Chicago, approximately 3.5 miles northwest of downtown. The property includes a total retail space area of 3,403 square feet within an overall 211,000-square-foot shopping center that is configured to support multiple tenants, including a grocery operator and national retailers, with space available for casual dining and related services. The center is situated as part of a mixed-use development that emphasizes vertical development and riverfront-related activation.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1988
Total area 82,000 SF
Lot 6.9 ac (300,564 SF)
APN 14-30-400-063
UPID US28-1319280

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
  • Cinema (Bike/Boat/Book/etc) Store
  • Pharmacy
  • Locksmith (Bike/Boat/Book/etc) Store
  • Medical Clinic
  • (Bike/Boat/Book/etc) Store

Location

2550 Clybourn Ave Chicago, IL 60614-0874
Chicago metro Census 70700 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$14.72M

Owner & transaction history

since 2017
3 recorded transactions
2017
$97.8M
2017
Price N/A
2007
Price N/A

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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