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    Property profile & analytics
    FOR SALE
    Retail space

    2815 N Kimball Ave, Chicago, IL 60618

    2,600 SF 0.07 ac lot Built 1937
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US28-0349118
    Property summary
    AI-generated overview

    This two-story, 4,000 square foot mixed-use building in Chicago's desirable Logan Square neighborhood (2815 N Kimball Ave, 60618) presents a compelling investment opportunity. Built in 1970 and extensively renovated in 2022, the property boasts two units currently operating at 80% occupancy. The building features a versatile layout, ideal for a variety of uses, including executive, medical, or traditional office spaces, thanks to its RT-4 zoning. Recent improvements include tuck-pointing, roof repairs, and interior upgrades. Amenities include separate entrances, individual bathrooms, and waiting rooms on each floor. The property includes a video surveillance system and entry buzzer for enhanced security. Situated on a lot ranging from 3,000 to 3,125 square feet, this building offers significant redevelopment potential. Its convenient location near the Blue Line, major highways, and local businesses adds to its appeal. The asking price is $439,900, translating to $109.98 per square foot. The property is being sold "AS IS". This is a turn-key opportunity for an investor seeking a high-return property in a thriving Chicago neighborhood.

    Property profile
    Verified
    Property type Retail space
    Use group STORE, RETAIL OUTLET
    Year built 1937
    Total area 2,600 SF
    Lot 0.07 ac (3,177 SF)
    APN 13-26-226-006
    UPID US28-0349118
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Gar Cam LLP · 5 yrs held
    Gar Cam LLP
    since 2021
    3 recorded transactions
    2021
    2018
    1998
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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