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    1727 W Grand Ave, Unit 2 Chicago, IL 60612

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    For Lease
    $20 SF/Yr

    Second-floor office space in a community-focused building.

    Property Features for 1727 W Grand Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1880

    Source: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE Agent ERIN FEINERMAN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Unique Office Space Available

    This unique office space is available for rent on the second floor of a building located at 1727 W Grand Ave, within The Center of Order and Experimentation. The layout includes a large workspace, a private office, a conference room, and a kitchenette. Additional features include a shared bathroom, a buzzer system, and a back entrance. The first floor operates as a coffee and retail space, designed to foster community and support independent makers and artists by offering unique and useful items. The base rent is $2700, with additional rent bringing the total to approximately $3400 per month.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Center of Order and Experimentation Coffee Shop Avenir Creative Interior Designer Martha Mae Outpost Gift Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6706563
    Latitude
    41.8907176

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    FAQs

    What type of property is this?
    Office space - Second-floor office space in a community-focused building.
    Where is this office space located?
    The property is located at 1727 W Grand Ave, Unit 2 Chicago, IL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Unique office space in "The Center of Order and Experimentation".; - Includes a large workspace, private office, and conference room.; - Features a kitchenette, shared bathroom, buzzer system, and back entrance.
    (773) 432-0200
    Request Owner's contact information
    1727 W Grand Ave, Unit 2 Chicago, IL 60612
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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
    1727 W Grand Ave, Unit 2 Chicago, IL 60612
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