4131 N Rockwell St Chicago, IL 60618
Property profile & analytics
4131 N Rockwell St Chicago, IL 60618
- Retail space
- 5,200 SF
- 0.24 lot acres
Property ID
US28-0802032
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.
Location Intelligence
Current Use by Public Records
- Flatbread House / Restaurant
- Haitian Food By Maggy / Restaurant / Take-out & Catering
- BAR GOA ( INDIAN RESTAURANT) ( ROCKWELL) / Restaurant
- Baos N Bowls / Restaurant
- Paleta Factory / Grocery & Convenience Store / Specialty Food Shop
Property Details for 4131 N Rockwell St
- Year built
- 1956
- Lot size
- 0.24 lot acres
- Property size
- 5,200 SF
- Property type
- Retail space
- APN
- 13-13-411-046
- APU
- 1313411046
Description
This exceptional 200-square-foot commercial kitchen space in Cook County, Illinois, presents a unique opportunity for food entrepreneurs. Classified as a Class B property, this multi-tenant building offers a turnkey solution for expanding your restaurant business or launching a new concept. The space is currently vacant and ready for immediate occupancy, allowing for a swift and efficient start-up. Designed specifically for the demands of the delivery market, this ghost kitchen is situated in a high-demand delivery zone, maximizing your potential for success. The kitchen is equipped with order management tablets, streamlining operations and enhancing efficiency. This is an excellent opportunity for startups, personal chefs, catering businesses, food trucks, single-location operators, or national chains seeking expansion. The low overhead and streamlined setup minimize initial investment, allowing for rapid growth and increased profit margins. The property's location within a bustling delivery area ensures high visibility and accessibility to a large customer base. This is a rare chance to establish a thriving food business with minimal upfront costs and maximum potential for return. The space is perfect for those seeking a cost-effective and efficient way to enter the competitive food service industry.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,220,000
- 6.5%
- $1,125,000
- 7%
- $1,045,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $654,000
Market price range: $172k - $685k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $810,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $1,320,000 Change: +63% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,245,000 Change: +54% Conversion: Moderate
- OFFICE BUILDING
- $700,000 Change: -13% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.693
- Latitude
- 41.9567
- 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
$37,602
$46,980
$135,838
$182,818
-
$187,920
$543,352
$731,272
