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    3034 W Peterson Ave Chicago, IL 60659

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    For Sale
    $999,000

    4,800 SF property ideal for medical, office, or retail.

    Property size:
    4,800 SF
    Lot size:
    0.12 Acres

    Property Features for 3034 W Peterson Ave

    General Information

    Size
    4,800 SF
    Lot size
    0.12 Acres

    Source: Strauss Realty, Ltd. Agent Craig Wolf

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

    Overview

    Versatile Commercial Property Near Lincoln

    This 4,800 square foot property is located steps from the intersection of Lincoln and Peterson. The location offers high visibility, directly across from Walgreens and Potbelly’s. The building includes offices, five restrooms, and a partial unfinished basement. It is suitable for medical, office, retail, or professional service use. Free and unrestricted street parking is available around the location. The area is active and includes other medical businesses, fast food franchises, national retailers, and banks.
    Insight Report Location Intelligence

    Current Use by Public Records

    Novamed Eye Surgery ... Surgical Center Novamed Ambulatory Sgy ... Surgical Center Dr. Lawrence D. ... Ophthalmologist Surgery Partners Medical Clinic SHERIF FAHMY TAWADROS ... Ophthalmologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Petco Vaccination Clinic

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7057074
    Latitude
    41.9906774

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    FAQs

    What type of property is this?
    Medical office - 4,800 SF property ideal for medical, office, or retail.
    Where is this medical office located?
    The property is located at 3034 W Peterson Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - High-visibility location directly across from Walgreens and Potbelly's.; - Ideal for medical, office, retail, or professional service use.; - Free and unrestricted street parking.
    (847) 989-9653
    Request Owner's contact information
    3034 W Peterson Ave Chicago, IL 60659
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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
    3034 W Peterson Ave Chicago, IL 60659
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