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    1438-1550 W Harrison St Chicago, IL 60607

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    For Lease
    Contact for pricing

    Located in Illinois Medical District near hospitals and transportation.

    Property size:
    900 SF
    Lot size:
    4.17 Acres

    Property Features for 1438-1550 W Harrison St

    General Information

    Size
    900 SF
    Lot size
    4.17 Acres

    Source: Stone Real Estate Corp. Agent David Stone

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

    Overview

    Medical/Retail Space Near Rush Hospital

    Located within Rush University Medical Center's Rubschlager Building, a 480,000 square foot cancer treatment center that includes a 6-story parking structure with 900 spaces, this property offers 900 square feet of retail or medical space. The building's functions include neurological care, imaging, and a conference center. Part of the Illinois Medical District (IMD), the largest urban medical district in the country, the location is near four hospitals: Rush University Medical Center, the University of Illinois Hospital, John H. Stroger, Jr. Hospital, and Jesse Brown VA Medical Center, as well as the University of Illinois College of Medicine. The Illinois Medical District is home to over 9,000 health sciences students, 2,200 hospital beds, 30,000 employees, and 75,000 daily visitors. It is adjacent to the Chicago Technology Park and across I-290 from the expanding Malcolm X College. The property is a short walk from the Blue and Pink Line L stops, a half block from I-290, and one half mile from the United Center.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6638872
    Latitude
    41.8750356

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    FAQs

    What type of property is this?
    Retail space - Located in Illinois Medical District near hospitals and transportation.
    Where is this retail space located?
    The property is located at 1438-1550 W Harrison St Chicago, IL.
    What are key features of this property?
    This property features: - Located in the Illinois Medical District (IMD), the largest urban medical district in the country, providing access to world-class hospitals and medical facilities.; - Situated in Rush University Medical Center's new Rubschlager Building, a state-of-the-art cancer treatment center.; - Convenient transportation options with a short walk to Blue and Pink Line 'L' stops and close proximity to I-290.
    (312) 372-6200
    Request Owner's contact information
    1438-1550 W Harrison St 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
    1438-1550 W Harrison St Chicago, IL 60607
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