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    861 N Larrabee St Chicago, IL 60610

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    For Lease
    $36 SF/Yr

    Storefront for lease in River North near 600 W. Chicago.

    Property Features for 861 N Larrabee St

    General Information

    Standard status
    Active

    Building Details

    Year built
    2018

    Source: STRAUSS REALTY LTD Agent MOSHE WEINBERGER

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

    Overview

    River North Storefront in Luxury Building

    A 1,000 square foot storefront is available for lease within a newer, luxury 42-unit apartment building situated in the River North area. The location is across the street from 600 W. Chicago Avenue, a 1 million square foot office building that serves as the headquarters for Groupon. The property's large storefront windows provide visibility and signage opportunities. Several destinations are within walking distance, including coffee shops, a Target, and a Jewel-Osco, which are approximately a 10-minute walk or 3-minute drive away. The CTA Brown Line at Chicago Avenue is also accessible, about a 10-minute walk or 4-minute drive from the property.
    Location Intelligence

    Current Use by Public Records

    Zuniga Insurance Agency: ... Insurance Agency

    Suggested Use

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

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

    Similar Places Nearby

    The Secret Garden of Chicago, Eugenias Flower Delivery in Chicago, Healing Flower, Fieldman Flora, Fleur de Lis Florist

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6426606
    Latitude
    41.898404

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    FAQs

    What type of property is this?
    Storefront property - Storefront for lease in River North near 600 W. Chicago.
    Where is this storefront property located?
    The property is located at 861 N Larrabee St Chicago, IL.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility storefront in affluent River North location.; - Located across from 600 W. Chicago Avenue (1 million SF of offices, Groupon headquarters).; - Situated in a newer luxury 42-unit apartment building.
    (773) 736-3600
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    861 N Larrabee St Chicago, IL 60610
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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
    861 N Larrabee St Chicago, IL 60610
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