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    FOR SALE
    Banks

    6335 N Western Ave, Chicago, IL 60659

    5,100 SF 0.12 ac lot Built 1941
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US28-0305872
    Property summary
    AI-generated overview

    This exceptional retail property at 6335 N Western Avenue in Chicago, Illinois, presents a compelling investment opportunity. The building, zoned B3-2, boasts a substantial 9,090 square feet of space, ideally suited for a variety of retail uses, currently configured as a bank. Situated on a 0.63-acre lot, the property enjoys significant visibility and accessibility with 250 feet of frontage on Western Avenue, averaging 110 feet in depth. High traffic volume is assured, with a daily traffic count of 22,300 vehicles passing by. Ample parking is available for customers and staff, with 35 spaces provided on-site. The asking price for this well-located and established property is $2,500,000. The Cook County location, within the 60659 zip code, offers excellent access to a dense population base and strong consumer spending. This property represents a rare chance to acquire a substantial retail space in a prime Chicago location with high visibility and established infrastructure. The existing bank layout offers a solid foundation for a variety of retail businesses, or potential redevelopment opportunities. The property's size, location, and traffic count make it an attractive investment for both experienced and emerging investors seeking a strong return on investment in a thriving Chicago market.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1941
    Total area 5,100 SF
    Lot 0.12 ac (5,400 SF)
    APN 14-06-100-033
    UPID US28-0305872
    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
    Current use
    Occupant on record · Public records
    • Hanmi Bank Bank Loan Service
    • Hanmi Bank ATM Atm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $505k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $827k
    Blend (final) Blend
    $665k
    Owner & transaction history
    Mdc Mercury 2604 Propco 3 LLC
    Mdc Mercury 2604 Propco 3 LLC
    since 2026
    3 recorded transactions
    2026
    1999
    1999
    $390,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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