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    1907 N Mendell St Chicago, IL 60642

    For Sale
    Contact for pricing

    58,000 SF vacant loft office building for sale.

    Property size:
    19,041 SF
    Lot size:
    0.45 Acres

    Property Features for 1907 N Mendell St

    General Information

    Size
    19,041 SF
    Lot size
    0.45 Acres

    Source: CBRE | Chicago Agent Tom Svoboda

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

    Overview

    Vacant Loft Office Building

    This is a 58,000 gross square foot building situated on a 19,041 square foot land footprint. The property is zoned M3-3 and is currently a vacant loft office space.
    Location Intelligence

    Current Use by Public Records

    Artistic Construction Artistic ... Contractor Squid3 Gallery Art Gallery Tri-Co Transport Inc Freight Forwarding Service Carpet Cleaning Chicago Carpet Cleaning Service Fast Action Music Musical Instrument Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    HandCut Foods, ChefField Events, Third Coast Chef

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6649024
    Latitude
    41.9171318

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    FAQs

    What type of property is this?
    Flex space - 58,000 SF vacant loft office building for sale.
    Where is this flex space located?
    The property is located at 1907 N Mendell St Chicago, IL.
    What are key features of this property?
    This property features: - 58,000 Gross SF building; - Zoned M3-3; - 19,041 SF Land footprint
    (312) 935-1481
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    1907 N Mendell St 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
    1907 N Mendell St Chicago, IL 60642
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