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4777 Milwaukee Ave Chicago, IL 60630-3630

OFF-MARKET Commercial real estate Google Maps
9,000 SF 0.16 ac lot Built 1933
Entity Owned 8-yr Hold Free & Clear
Estimated value (blended)
$1.12M
Range $1.01M – $1.23M (±10%)
Property ID US28-0584530

Property summary

AI-generated overview

This exceptional 10,880-square-foot retail storefront at 4777 N. Milwaukee Avenue in Chicago, Illinois, presents a unique investment opportunity. Located in Cook County, this single-tenant space boasts excellent corner exposure at the highly visible intersection of Milwaukee and Lawrence Avenues. The property benefits from prominent pylon signage on both streets, ensuring maximum visibility for your business. Ample surface parking is available with approximately 38 spaces, providing convenient access for customers and employees. Strategically positioned just two blocks west of the Kennedy Expressway, this location offers easy access to O'Hare International Airport, only six miles away. The property's prime location is further enhanced by its proximity to the Copernicus Center event venue, attracting significant foot traffic and visibility. This thriving commercial area is home to a mix of established businesses, including Jewel, Starbucks, TCF Bank, McDonald's, and Popeyes, creating a strong and diverse commercial environment. The property is ideal for a variety of retail uses and offers significant potential for growth and success. The entire 10,880 square feet is currently vacant, providing a blank canvas for your vision. This is a rare opportunity to secure a high-profile retail space in a bustling Chicago neighborhood with excellent accessibility and strong neighboring businesses. The zip code is 60630.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1933
Total area 9,000 SF
Lot 0.16 ac (6,846 SF)
APN 13-16-106-003
UPID US28-0584530

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
  • Crypto Atm Atm
  • Medical Clinic

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.47M
Blend (final) Blend
$1.12M

Owner & transaction history

since 2017
7 recorded transactions
2019
Price N/A
2017
$5.2M
2016
Price N/A
2012
$4.4M
2002
$675,000
2000
Price N/A
1969
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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