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    5613 Broadway St Richmond, IL 60071

    For Lease
    $11 SF/Yr

    Other - Richmond, IL

    Days on Market:
    36
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for 5613 Broadway St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1858
    Number of units
    1
    Flooring type
    Vinyl
    Architectural style
    Other

    Remax Plaza (815) 385-6770 [email protected]

    Listing agent Russell Hart (815) 385-6770 License #475191678

    Listing date Nov 8, 2025

    MLS# 12466653 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

    Renovated Storefront in Downtown Richmond

    Located in downtown Richmond, this renovated ground-floor storefront offers an opportunity to establish a business in a sought-after location. The 1,680-square-foot space features an open-concept layout suitable for a boutique retail store, cafe, or restaurant. The interior has been modernized and provides a versatile layout ready for customization. Toward the rear are two private restrooms and a large utility sink. The property includes two dedicated parking spaces, with additional street parking and a public lot nearby. Situated across the street from Paisano's Italian Restaurant, the location benefits from daily traffic and exposure from neighboring businesses, office workers, and visitors. This location offers visibility, accessibility, and charm.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    McHenry
    State
    Illinois
    Longitude
    -88.3066104
    Latitude
    42.4757092

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    FAQs

    What type of property is this?
    Retail space - Updated retail/restaurant space with high visibility and foot traffic.
    Where is this retail space located?
    The property is located at 5613 Broadway St Richmond, IL.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown Richmond location with high visibility and consistent foot traffic.; - 1,680 sq ft of renovated, open-concept space suitable for retail or dining.; - Two dedicated parking spaces plus abundant street parking and a nearby public lot.
    (815) 385-6770
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    Richmond, IL 60071
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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
    5613 Broadway St Richmond, IL 60071
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