Property profile

2750 Elston Ave Chicago, IL 60647

OFF-MARKET
Retail space
Property ID
US28-2791579
14,200 SF 0.17 ac lot Built 1939
Individually Owned 13-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A retail property, built in 2020, boasts a prime location at 2750 Elston Avenue, situated at the crossroads of Logan Square, Bucktown, Lincoln Park, and Avondale. The building offers multiple tenancy options, with spaces ranging from 850 to 5,350 contiguous square feet, totaling five suites. Enjoy high visibility and accessibility with ample parking (30 spaces) in front and rear, catering to both employees and customers. Benefit from the high traffic counts on Elston Avenue (approximately 16,000 vehicles daily) and significant pedestrian traffic, enhanced by proximity to major retailers such as Target, Micro Center, Home Depot, and Xsport Fitness. The building is divided into two towers: the South tower (suites 101-103) offers up to 3,300 square feet, while the North tower (suites 104-105) provides up to 2,050 square feet. Each suite features its own controlled HVAC system and private restroom. Flexible lease terms are available to accommodate various business needs. Extensive signage opportunities are available, including building facade and a new monument sign. Annual property taxes are $6 per square foot. Cook County location. This is a rare opportunity to establish a presence in a thriving retail corridor.

Property profile

Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1939
Total area 14,200 SF
Lot 0.17 ac (7,375 SF)
APN 14-30-303-039
UPID US28-2791579

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
  • Plumbing Service General Contractor

Location

2750 Elston Ave Chicago, IL 60647-2280
Chicago metro Census 830900 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.05M

Owner & transaction history

since 2013
2 recorded transactions
2013
$700,000
2009
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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