1,440-4,688 SF Spaces Available on North Ave. (Just East of Harlem & North)

6516-6532 W. North Avenue Chicago, IL 60707

6516-6532 W. North Avenue, Chicago, IL, 60707
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FOR LEASE
Property Type:
Strip Center
Last Verified:
Nov 19, 2024

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Highlights

  • 1,440-4,688 sf Available
  • 2nd Gen Restaurant and Salon available
  • Ready for upgrades or redesign
  • Ample signage and visibility on North Ave.
  • Surrounded by national and local retailers

Description

1,440 sf 2nd Generation Restaurant, 1,800 sf salon, and 1,448 sf retail space available for lease. Can be combined for 4,688sf! Located just East of Harlem in the Galewood neighborhood of Chicago, this property benefits from almost 25,000 VPD and excellent visibility with frontage on North Ave. and large 2-story pylon sign.

Discover an exciting investment opportunity on the bustling stretch of 6516-6532 W. North Avenue, Chicago IL. This prime location offers a vibrant retail environment with a mix of national retailers, local businesses, and high foot traffic. Situated in a densely populated area, the property benefits from a strong consumer base and excellent visibility. Nearby points of interest include the Galewood-Mont Clare neighborhood and the Brickyard Shopping Center, providing a dynamic retail landscape for potential investors. With its strategic positioning and diverse offerings, the area presents an attractive prospect for those seeking to capitalize on the thriving Chicago retail market.


Year Built: 2005
Building Size: 13778sq ft
Lot Size: 1.52 acres


Documents

Chicago Galewood Plaza II OM 10.21.24.pdf
Chicago 6516 W North Ave Galewood Plaza II For Lease.pdf

Units for Lease

6518-6534 W. North Avenue, Chicago IL
Space Available: 1800 SF
Lease Type: NNN

Price Per Sqft/Year: $22.00
6518-6534 W. North Avenue, Chicago IL
Space Available: 1440 SF
Lease Type: NNN

Price Per Sqft/Year: $25.00
6518-6534 W North Ave Chicago IL
Space Available: 1448 SF
Lease Type: NNN

Price Per Sqft/Year: $22.00

Map of 6516-6532 W. North Avenue, Chicago, IL, 60707

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.