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Property profile & analytics

2816 Chicago Ave Chicago, IL 60622

  • Office Properties & Spaces
  • 0.07 lot acres
For Lease
Last Sale
Oct 13, 2022
$737,500
Value Estimations
$770,000
Cap Rate Potential
Location Intelligence
Property ID
US28-0950180
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

  • James City Junk Cars / Car Dealership

Property Details for 2816 Chicago Ave

Year built
2005
Lot size
0.07 lot acres
Property type
Office Properties & Spaces
APN
16-01-326-073-1001
APU
16013260731001

Description

This exceptional 1,900-square-foot commercial space is ideally situated in Humboldt Park's vibrant submarket, at the highly visible corner of Chicago and California Avenues. Boasting a prime location with over 24,000 vehicles passing daily, this single-tenant property offers unparalleled exposure. Currently configured as a retail boutique, the space features an open floor plan with high ceilings, creating an airy and inviting atmosphere. Its adaptable layout makes it suitable for a variety of uses, including retail, executive office, or special purpose ventures. The building's storefront faces Chicago Avenue, ensuring maximum visibility to pedestrians and drivers alike. Conveniently located near four bus stops, this property benefits from excellent public transportation access. Ample street parking is available on both Chicago and California Avenues, providing easy access for clients and employees. The property is part of a four-story building in Cook County. This is a rare opportunity to secure a high-traffic, highly visible space in a thriving neighborhood. The entire 1,900 square feet is currently vacant and ready for immediate occupancy.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $820,000
    ML approach
    $790,000

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


Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6975
Latitude
41.896
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
$11,046
$2,423
$51,283
$53,706
-
$9,692
$205,132
$214,824
More about this property
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