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2653 W Peterson Ave 2,200 SF Retail Building Chicago, IL 60659 $762,861 CAD ($346.75 CAD/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 (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| 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
$762,861 CAD
Price Per SF
$346.75 CAD
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
Property Taxes
| Parcel Number | 13-01-402-002-0000 | Total Assessment | $82,528 CAD (2025) |
| Land Assessment | $37,927 CAD (2025) | Annual Taxes | -$2,200 CAD (-$1.00 CAD/SF) |
| Improvements Assessment | $44,601 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
13-01-402-002-0000
Land Assessment
$37,927 CAD (2025)
Improvements Assessment
$44,601 CAD (2025)
Total Assessment
$82,528 CAD (2025)
Annual Taxes
-$2,200 CAD (-$1.00 CAD/SF)
Tax Year
2026
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2653 W Peterson Ave
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