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    3059 S Homan Ave Chicago, IL 60623

    For Lease
    $29 SF/Yr

    Neighborhood Storefront - Chicago, IL

    Days on Market:
    24
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 3059 S Homan Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1913
    Architectural style
    Other

    Keller Williams Chicago ONEChicago (312) 216-2422 [email protected]

    Listing agent Andres Olaez (312) 216-2422 License #475180182

    Listing date Nov 14, 2025

    MLS# 12511833 Listing URL

    Copyright © 2025 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.

    Overview

    Versatile Storefront in Chicago

    This storefront provides 810 square feet of space, suitable for starting a new business or expanding current operations. The layout allows for flexible design and arrangement, making it adaptable for various business types, such as a boutique, cafe, or office space. Located in a vibrant area with high foot traffic and accessibility, the storefront offers visibility and customer engagement.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Flowers with Love and Gifts, Albany Florist, Floreria El Eden, Jesse's Flowers & Balloon, Floreria Giselle's Bíenvenidos

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7093661
    Latitude
    41.837283

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    FAQs

    What type of property is this?
    Storefront property - 810 SF storefront in a vibrant, accessible Chicago location.
    Where is this storefront property located?
    The property is located at 3059 S Homan Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: - 810 sq ft of versatile space ideal for various business ventures.; - High foot traffic location ensures great visibility and customer engagement.; - Spacious layout allows for creative design and arrangement.
    (312) 216-2422
    Request Owner's contact information
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    Chicago, IL 60623
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3059 S Homan Ave Chicago, IL 60623
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