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    1009 W Lake St Chicago, IL 60661

    For Sale
    $3,000,000

    Office building in Chicago's Fulton Market neighborhood, close to amenities.

    Property size:
    4,044 SF
    Lot size:
    0.07 Acres

    Property Features for 1009 W Lake St

    General Information

    Size
    4,044 SF
    Lot size
    0.07 Acres

    Source: Bradford Allen - Corporate Agent Craig Nadborne

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

    Overview

    Fulton Market Office Building

    Located in Fulton Market, Chicago’s fastest-growing neighborhood, this property is positioned near major corporate offices including McDonald’s, Google, Coca-Cola, and Mondelez. The property is situated steps from Randolph Street’s “Restaurant Row” and one block from the CTA Green/Pink Line “L” Station, offering convenient access to public transportation. Additionally, it provides easy access to I-90/94 and the Ogilvie Transportation Center. The surrounding area features a variety of dining, retail, and hospitality options. The property offers 4,044 square feet of space, suitable for office use.
    Insight Report Location Intelligence

    Current Use by Public Records

    ParkChicago #757301 Public Parking Space Angel wings mural Tourist Attraction Nights & Weekends Bar

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6526311
    Latitude
    41.8853393

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    FAQs

    What type of property is this?
    Office building - Office building in Chicago's Fulton Market neighborhood, close to amenities.
    Where is this office building located?
    The property is located at 1009 W Lake St Chicago, IL.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - Prime location in Fulton Market, Chicago’s fastest-growing neighborhood; - Steps from Randolph Street’s “Restaurant Row”; - Close to major corporate offices including McDonald’s, Google, Coca-Cola, and Mondelez
    (773) 454-0159
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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
    1009 W Lake St Chicago, IL 60661
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