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    5037 N Harlem Ave Chicago, IL 60656

    For Lease
    $2.00 SF/Yr

    Premier office or retail space with exceptional exposure and accessibility.

    Property Features for 5037 N Harlem Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1964

    Source: FULTON GRACE REALTY Agent VICKIE SOUPOS

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

    Overview

    High-Visibility Office or Retail Space

    This premier office or retail space is located near the Harlem Avenue exit of the Kennedy Expressway and CTA, offering exceptional exposure and accessibility. The location benefits from strong foot traffic and high visibility due to its proximity to a diverse mix of thriving businesses. Situated in a dense urban neighborhood with strong demographics, this well-positioned space provides an ideal opportunity for a variety of users. The surrounding tenants create a well-balanced retail synergy, ensuring consistent customer flow. The space was formally a salon.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AAP Dental Group Dentist School School Dr. Myung Jin ... Dentist Danigeles Athina J ... Dentist Dr. Eduard Vernovsky Dentist

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.806721
    Latitude
    41.9729781

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    FAQs

    What type of property is this?
    Office space - Premier office or retail space with exceptional exposure and accessibility.
    Where is this office space located?
    The property is located at 5037 N Harlem Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $2.00 SF/Yr.
    What are key features of this property?
    This property features: - Prime, high-visibility location near the Harlem Avenue exit of the Kennedy Expressway and CTA.; - Exceptional exposure and accessibility.; - Surrounded by a diverse mix of thriving businesses.
    (847) 352-5200
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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
    5037 N Harlem Ave Chicago, IL 60656
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