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    200 E Delaware Pl Chicago, IL 60611

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    For Lease
    $20 SF/Yr ($6,736 /Mo)

    Move-in ready space adaptable for salon, spa, medical, or office.

    Property size:
    4,042 SF
    Lot size:
    0.62 Acres

    Property Features for 200 E Delaware Pl

    General Information

    Size
    4,042 SF
    Lot size
    0.62 Acres

    Source: CRE Advising Agent Steve Horvath

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

    Overview

    Streeterville Retail/Office/Medical Space Available

    Located in the Streeterville/Gold Coast area, this 4,042-square-foot space is one block from Michigan Avenue. The space was previously occupied by a salon/spa and includes mani/pedi stations, massage rooms, offices, new women's and men's restrooms, and a kitchen/laundry room. It is move-in ready for a salon or spa and can be adapted for medical, dental, or office use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    200 E Delaware ... Condominium Complex Delaware Food & Liquor Liquor Store Amazon Locker - Weathering Mailing Service For Ma By Ma ... Spa Howard W. Melton ... Law Firm

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store 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
    -87.6213289
    Latitude
    41.8995169

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    FAQs

    What type of property is this?
    Retail space - Move-in ready space adaptable for salon, spa, medical, or office.
    Where is this retail space located?
    The property is located at 200 E Delaware Pl Chicago, IL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in Streeterville/Gold Coast, one block from Michigan Avenue.; - Move-in ready for salon or spa businesses.; - Easily adaptable for medical, dental, or office use.
    (312) 448-6401
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    200 E Delaware Pl Chicago, IL 60611
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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
    200 E Delaware Pl Chicago, IL 60611
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