Warehouse/Office/Retail
For Sale
$3,200,000
2700 N Campbell Avenue, Chicago, IL 60647
COMMERCIAL - Chicago, IL
Property Size16,633 SF
Lot Size0.38 Acres
Price / SF$192.39
Days on Market436
Property Features for 2700 N Campbell Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
OFFIC
Directions
North on Campbell Avenue to property.
Subdivision
CHI - Logan Square
Standard status
Active
APN
00000000000000
Lot size
0.38 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
39649
Utilities
Cooling system
Exhaust Fan (Cooling), Central Air, Other (Cooling)
Building Details
Year built
1908
Floors in Building
1
Building materials
Brick, Concrete
Listing Agency:
Jameson Sotheby's Intl Realty
(312) 751-0300
Listed By:
Jason Hiller · License #475158547
(312) 335-3291
Added: May 21, 2025
Changed: Jul 9
Last Checked: Jul 30 at 4:06PM
MLS# 12363698
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This historic 1909 building features a concrete foundation, brick exterior, and a timber & rubber flat roof. Interior space is approximately 12,000 SF of warehouse area combined with about 6,600 SF of office/retail space. Ceiling heights vary from approximately 12 feet to 23 feet throughout. The configuration also includes potential for up to 12 offices, as-is, and roughly 200 feet of retail frontage. Operationally, the building is equipped with three drive-in bay doors and one flush loading dock. Parking is available across the street in a garage, or via easy street parking.
Located in East Logan Square at 2700 N Campbell Avenue, the property offers easy access to I-90/94. It is also described as being near the Metra Union Pacific Northwest line. The building’s frontage and mounting options are noted as offering potential for signage and/or a billboard on the building and/or an affixed cell tower. Nearby and walkable commercial amenities include Maplewood Brewery and Kitchen, with Target, Home Depot, Regal Cinema North, and XSport Fitness listed in the vicinity.
The space can be well-suited for an operator seeking a combined warehouse and street-facing retail/office setup. The mix of functional warehouse improvements and dedicated office/retail area supports a variety of flex-style uses, while the available retail frontage and loading features can help accommodate both customer-facing and distribution activity. Existing office/retail layout is described as flexible, with up to 12 offices possible as-is.
Located in East Logan Square at 2700 N Campbell Avenue, the property offers easy access to I-90/94. It is also described as being near the Metra Union Pacific Northwest line. The building’s frontage and mounting options are noted as offering potential for signage and/or a billboard on the building and/or an affixed cell tower. Nearby and walkable commercial amenities include Maplewood Brewery and Kitchen, with Target, Home Depot, Regal Cinema North, and XSport Fitness listed in the vicinity.
The space can be well-suited for an operator seeking a combined warehouse and street-facing retail/office setup. The mix of functional warehouse improvements and dedicated office/retail area supports a variety of flex-style uses, while the available retail frontage and loading features can help accommodate both customer-facing and distribution activity. Existing office/retail layout is described as flexible, with up to 12 offices possible as-is.
Key Highlights
- 16,633 SF warehouse/office/retail space for lease in East Logan Square with easy access to I‑90/94 and Metra Union Pacific Northwest line
- Interior includes approx. 12,000 SF warehouse plus approx. 6,600 SF office/retail, with ceiling heights ranging from 12' to 23'
- Loading features include 3 drive‑in bay doors and 1 flush loading dock
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $359.3k | $21.60 |
| − Vacancy | −$30.5k | −$1.84 |
| EGI | $328.7k | $19.76 |
| − OpEx | −$98.6k | −$5.93 |
| NOI | $230.1k | $13.83 |
16,633 SF · lease $21.60/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$5.10M
$4.46M – $5.95M
NOI $356,878 @ 7.0% cap · market cap 11.15%
Second Best
Retail
$3.29M
$2.88M – $3.84M
NOI $230,114 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$7.84M
$6.86M – $9.15M
NOI $548,969 @ 7.0% cap · market cap 17.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
23 ft
Clear height
1
Dock-high doors
3
Drive-in doors
297,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,517
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60647, IL
85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
Median Home Value
Market
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
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Similar Off Market Nearby
- DonerMen — 2849 w belmont ave, chicago, il 60618
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- Rosie's Sidekick Sandwich Shop — 2610 N California Ave, Chicago, IL 60647
Frequently Asked Questions
What type of property is this?
Flex space - Historic 1909 building combines warehouse space with office/retail space, including drive-in doors and a loading dock.
Where is this flex space located?
The property is located at 2700 N Campbell Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 16,633 SF warehouse/office/retail space for lease in East Logan Square with easy access to I‑90/94 and Metra Union Pacific Northwest line; Interior includes approx. 12,000 SF warehouse plus approx. 6,600 SF office/retail, with ceiling heights ranging from 12' to 23'; Loading features include 3 drive‑in bay doors and 1 flush loading dock
