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2653 W Peterson Ave 2,200 SF Retail Building Chicago, IL 60659 $550,000 ($250/SF)
Investment Highlights
- Existing medical buildout with a functional layout suited for continued healthcare use and adaptable to professional or commercial users
- Prime Peterson Avenue location offering strong visibility and exposure to both vehicle and pedestrian traffic.
- 2,200 SF commercial building featuring a modern, well-maintained storefront.
- Four parking spaces providing added convenience for customers, patients, and employees.
Executive Summary
2653 W. Peterson Avenue presents an excellent owner-user or investment opportunity in Chicago’s North Side. The 2,200 SF commercial building features an existing medical buildout with a functional multi-room configuration suited for continued healthcare use and adaptable to professional, service-retail, or other commercial users. The property offers prominent visibility along busy Peterson Avenue, convenient access to the surrounding residential neighborhoods, and four parking spaces. Offered at $550,000, or $250 per square foot, with real estate taxes reported at $5.43 per square foot. The property’s established location, flexible layout, modern storefront, and proximity to area businesses make it a compelling medtail or commercial acquisition opportunity.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Building Size
2,200 SF
Year Built/Renovated
1992/2005
Price
$550,000
Price Per SF
$250
Building Height
1 Story
Zoning
B3-2 - B3-2 zoning allows retail, office, medical and service uses, with a maximum 2.2 FAR. Buyers should verify all permitted uses with the City of Chicago.
Parking
4 Spaces (1.82 Spaces per 1,000 SF Leased)
Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 13
Videos
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Photos
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Street
Map
Contact the Sale Advisor
2653 W Peterson Ave