821 Western Ave C1, Chicago, IL 60612-4171
This 1,400-square-foot retail space at 821 S. Western Ave, Chicago, IL 60612, is available for sale at $130,000. Located in the heart of Chicago's Medical District, this Class B property offers high visibility and foot traffic on a busy street. The building, constructed in 2000, sits on a 0.41-acre lot and is zoned C2-3. Currently vacant, this single-story, single-unit property is ideal for a variety of uses, including a convenience store, daycare, or storefront. Its prime location near major hospitals and schools provides access to a large and diverse customer base. The property features a Net NNN lease type and is ready for immediate occupancy. The 1,400 square feet of net rentable space presents a significant opportunity for businesses seeking a high-traffic location in a thriving neighborhood. The property's vacant status allows for immediate customization to suit a new tenant's specific needs. This is a rare opportunity to acquire a well-positioned retail space in a rapidly developing area of Chicago. The property's proximity to significant community amenities, including major hospitals and educational institutions, further enhances its appeal and potential for success.
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Christi's Hair Braiding and Beauty Supply (Bike/Boat/Book/etc) Store Cosmetic Store
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
No recorded transactions found for this property.
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.