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    1650 W Adams St Chicago, IL 60612

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    For Lease
    Contact for pricing

    New construction retail space near the United Center.

    Property size:
    3,800 SF
    Lot size:
    0.38 Acres

    Property Features for 1650 W Adams St

    General Information

    Size
    3,800 SF
    Lot size
    0.38 Acres

    Source: Stone Real Estate Corp. Agent Ves Pavlovic

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

    Overview

    New Retail Space Near United Center

    This is a new construction retail space located on the ground floor of a 36-unit luxury apartment building. The property is situated two blocks from the United Center, which hosts 200 events annually and attracts 20 million visitors each year. It occupies a corner location at a six-way signalized intersection, positioned between the Illinois Medical District and Fulton Market. The surrounding area includes development projects such as The 1901 Project, which encompasses over 55 acres of mixed-use development. The property offers 3,800 square feet of retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    OA LUX Apartment Complex

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office 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
    -87.6685287
    Latitude
    41.8790788

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    FAQs

    What type of property is this?
    Retail space - New construction retail space near the United Center.
    Where is this retail space located?
    The property is located at 1650 W Adams St Chicago, IL.
    What are key features of this property?
    This property features: - New construction retail space.; - Located **two blocks from the United Center** (200 events annually, 20 million visitors).; - **Corner location at six-way signalized intersection.**
    (312) 372-6200
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    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
    1650 W Adams St Chicago, IL 60612
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