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    1026 W Van Buren St Chicago, IL 60607

    For Sale
    Contact for pricing

    Office building in Chicago with redevelopment potential.

    Property size:
    25,371 SF
    Lot size:
    0.21 Acres

    Property Features for 1026 W Van Buren St

    General Information

    Size
    25,371 SF
    Lot size
    0.21 Acres

    Source: Cawley Chicago Agent Zach Pruitt

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

    Overview

    Chicago Office Building For Sale

    This property presents endless potential for redevelopment, adaptive reuse, or ground-up construction. It features underutilized RBA DX Zoning with precedent for 5 and 7 FAR. The location is within 25 miles of CTA, bus, and I-290 access, and 1 mile from UIC, IMD, Fulton Market, Union Station, and the United Center. The property encompasses 25,371 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Datum Direct Marketing Consultant Aires Press Commercial Printer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6529728
    Latitude
    41.8768405

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    FAQs

    What type of property is this?
    Office building - Office building in Chicago with redevelopment potential.
    Where is this office building located?
    The property is located at 1026 W Van Buren St Chicago, IL.
    What are key features of this property?
    This property features: - Underutilized RBA DX Zoning with 5 & 7 FAR Precedent; - Endless Potential - Redevelopment, Adaptive Reuse, Ground-Up; - Prime Location: Just 1-mile to UIC, IMD, Fulton Market, Union Station, United Center
    (312) 766-4291
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    1026 W Van Buren St Chicago, IL 60607
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    Chicago, IL 60607
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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
    1026 W Van Buren St Chicago, IL 60607
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