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    5256 N Broadway St Chicago, IL 60640

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    For Lease
    $22 SF/Yr

    Retail or office space in a rapidly growing neighborhood.

    Property Features for 5256 N Broadway St

    General Information

    Standard status
    Active

    Building Details

    Year built
    1919

    Source: CHICAGO REAL ESTATE RESOURCES Agent TUYEN NGUYEN

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

    Overview

    Prime Retail/Office Space Near Transit

    The Davis Building provides retail or office space within the Edgewater neighborhood, bordering Uptown. The area is experiencing growth, with new developments, retailers, and restaurants. The property is located across from the Berwyn Red Line station, offering accessibility and visibility. The current B1 zoning does not permit salons or other personal services without a special-use permit. It is located minutes from Chicago's lakefront and Lake Shore Drive.
    Location Intelligence

    Current Use by Public Records

    PrintWithMe Print Kiosk ... Copy Shop The Lost Hours Coffee Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6603249
    Latitude
    41.9780032

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    FAQs

    What type of property is this?
    Retail space - Retail or office space in a rapidly growing neighborhood.
    Where is this retail space located?
    The property is located at 5256 N Broadway St Chicago, IL.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - Prime retail/office space in the rapidly growing Edgewater neighborhood.; - Unbeatable accessibility due to direct proximity to the Berwyn Red Line station.; - High visibility location.
    (773) 327-9300
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    5256 N Broadway St Chicago, IL 60640
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    Chicago, IL 60640
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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
    5256 N Broadway St Chicago, IL 60640
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