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    OFF-MARKET
    Medical Office Space

    801 Western Ave, Chicago, IL 60612

    Built 2025
    Property ID
    US28-5728946
    Property summary
    AI-generated overview

    This exceptional Class A retail space, located at 801 S Western Ave in Chicago's vibrant Tri-Taylor neighborhood (zip code 60612), offers 2,717 square feet of vacant space, divisible to a minimum of 1,000 square feet. Situated on a hard corner at the intersection of S Western Ave and W Polk St, this property boasts unparalleled visibility and accessibility. The space is ideal for a variety of uses, including restaurants, coffee shops, medical spas, or dental practices. Delivered as a "vanilla box" in the second or third quarter of 2025, the space allows for complete customization to suit your specific business needs. Black iron is available. The building is a new mixed-use construction, featuring 23 apartments above the retail space, ensuring a consistent flow of potential customers. With 18 total parking spaces, ample parking is provided for both tenants and customers. The strategic location near multiple hospitals guarantees a strong daytime population, providing a significant customer base. This is a rare opportunity to secure a prime retail space in a rapidly growing and desirable Chicago neighborhood.

    Property profile
    Verified
    Property type Medical Office Space
    Year built 2025
    UPID US28-5728946
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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