6311 Western Ave Chicago, IL 60636-2407
This exceptional 3,407 square foot shopping center is strategically located at 6311 S Western Ave in Chicago, Illinois, within Cook County, zip code 60636. The property is offered at an attractive asking price of $1,056,000, translating to a price per square foot of $309.95. Its prime location ensures high traffic counts, making it an ideal investment for savvy buyers seeking a strong return. The property's classification is retail, specifically a shopping center, offering significant potential for various commercial ventures. The address is easily accessible and benefits from excellent visibility, further enhancing its appeal to potential tenants and customers. Detailed financial information and further specifics are available upon request. This presents a rare opportunity to acquire a well-positioned retail property in a thriving Chicago neighborhood. The property's size and location make it suitable for a variety of retail uses, offering flexibility and potential for long-term growth. Serious inquiries are encouraged to explore this promising investment prospect.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.