2000 Clybourn AveChicago, IL 60614

Property Details for 2000 Clybourn Ave

Year built

1995

Lot size

1.69 AC

Property type

Community centers

APN

14-32-137-004

APU

1432137004

Description

This exceptional retail opportunity is located at 2000 N Clybourn Ave in Chicago, Illinois, within Cook County. The property, known as Clybourn Commons, is a single-tenant shopping center totaling 32,350 square feet. Currently, a significant portion of the space is available for lease, encompassing 3,260 square feet. This presents a unique chance to establish a presence in a thriving commercial area. The building's location within a primary shopping destination and one of Chicago's most affluent neighborhoods ensures superior visibility and high foot traffic. The property's classification as a retail space, specifically a shopping center/strip center, makes it ideal for a variety of commercial uses. The address is easily accessible, situated at 2000 N Clybourn Ave, Chicago, IL 60614. The property's geographic coordinates are 41.9173341 latitude and -87.6589607 longitude. This prime retail space offers a compelling investment opportunity in a high-demand location. The substantial square footage available provides ample room for a variety of business ventures. The existing infrastructure and location within a well-established commercial area minimize start-up costs and maximize potential for success. Don't miss this chance to secure a prominent retail presence in a highly desirable Chicago neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $34,777,384

  6.5%

  $32,102,200

  7%

  $29,809,186

• Comparable approach

  Method

  Valuation

  Relative Method

  $24,162,980

  Geo Method

  $24,162,980

• Alternative Use

  Use

  Valuation

  Residential

  $27,079,408

  Hospitality

  $24,804,592

  Educational

  $20,637,128

  Medical

  $21,346,872

  Retail

  $32,102,200

Location Insight

City

Chicago

County

Cook

State

Illinois

Latitude

41.9176

Longitude

-87.6595

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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