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    2032-2040 W Hubbard St Chicago, IL 60642

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    For Lease
    $1,075,000

    Clean facility with equipment, cooler, and floor drains.

    Property size:
    8,235 SF
    Lot size:
    0.21 Acres

    Property Features for 2032-2040 W Hubbard St

    General Information

    Size
    8,235 SF
    Lot size
    0.21 Acres
    Source: Moodyscre

    Listing Agent: Matt Cowie

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

    Overview

    Equipped Commissary/Food Prep Space

    This commercial space, suitable for commercial kitchens, restaurants, and retail properties, features a commissary/food prep area built out in 2016. The 8,235 square-foot facility includes stacked ovens, hoods, stoves, prep tables, and washing tables. A dedicated 100 square-foot cooler and floor drains are in place. The facility is noted for its cleanliness.
    Location Intelligence

    Current Use by Public Records

    Commercial kitchens

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon 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
    -87.6781983
    Latitude
    41.889931

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    FAQs

    What type of property is this?
    Commercial kitchen - Clean facility with equipment, cooler, and floor drains.
    Where is this commercial kitchen located?
    The property is located at 2032-2040 W Hubbard St Chicago, IL.
    What are key features of this property?
    This property features: - Fully built-out commissary/food prep space.; - Includes essential equipment: stacked ovens, hoods, stoves, prep & washing tables.; - Dedicated 100 SF cooler.
    (312) 334-7203
    Request Owner's contact information
    2032-2040 W Hubbard St Chicago, IL 60642
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    Chicago, IL 60642
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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
    2032-2040 W Hubbard St Chicago, IL 60642
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