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Property profile & analytics

2550 W Addison St Chicago, IL 60618

  • Community centers
  • 42,300 SF
  • 2.26 lot acres
Value Estimations
$935,000
Cap Rate Potential
Location Intelligence
Property ID
US28-2297880
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

  • Dr. George Barsa / Practitioner Service Location / Medical Clinic
  • PAWLIER DIALYSIS LLC / Medical Clinic
  • Roscoe Village Plaza / Shopping Mall / Plaza
  • Dr. H Johnny Kuttab / Practitioner Service Location / Dentist
  • DaVita Northside Ht At Home / Local Medical Services / Medical Center

Property Details for 2550 W Addison St

Year built
1989
Lot size
2.26 lot acres
Property size
42,300 SF
Property type
Community centers
APN
13-24-210-007
APU
1324210007

Description

This exceptional 2,854-square-foot retail space is situated in the newly renovated Roscoe Village Center at 2550 W Addison St, Chicago, IL 60618. The entire space is currently available for lease, offering a unique opportunity for a business seeking high visibility and ample parking. Located just west of the busy intersection of Addison and Western Avenues, the center enjoys excellent accessibility and significant foot traffic. The property benefits from its strategic location across the street from Lane Tech High School, boasting approximately 4,200 students. This proximity to a large student population presents a substantial potential customer base. Furthermore, the Roscoe Village Center is surrounded by key community landmarks, including the Bradley Sports Center, the WGN-TV station, and the CIBC Fire Pitch (Chicago Fire's practice facility), further enhancing its visibility and attracting a diverse clientele. The property is classified as a multi-tenant retail storefront, offering a versatile space adaptable to a variety of retail businesses. The building's recent renovation ensures modern amenities and a well-maintained environment. This prime location and the substantial available space make this an exceptional opportunity for a business seeking to establish or expand its presence in a thriving Chicago neighborhood. The property's ample parking further enhances its appeal to both customers and employees.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $935,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6927
Latitude
41.9474
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
$284,979
$295,551
$1,089,978
$1,385,529
-
$1,182,204
$4,359,912
$5,542,116
More about this property
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