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    757 North Orleans St Chicago, IL 60654

    For Sale
    Contact for pricing

    Value-add opportunity in River North Gallery District.

    Property size:
    11,335 SF
    Lot size:
    0.60 Acres

    Property Features for 757 North Orleans St

    General Information

    Size
    11,335 SF
    Lot size
    0.60 Acres

    Source: Northmarq | Chicago (East Wacker Dr) Agent Isaiah Harf

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

    Overview

    Prime Chicago Retail Core Location

    This retail property is situated in a core, urban infill location within Chicago's River North Gallery District, at the corner of Chicago and Orleans. The property offers a value-add opportunity through a potential Walgreens buy-out and subsequent redevelopment. The current tenant, Walgreens, pays annual base rent and covers a majority of the CAM, taxes, and insurance under a NNN lease structure during the re-tenanting period. The property has a size of 11335 square feet and is suitable for retail and specialty purposes.
    Insight Report Location Intelligence

    Current Use by Public Records

    Go All In Agency Coaching Center Bank of America ATM Atm Teleinx Telecommunications Service Provider TempHomes Chicago Real Estate Content Blaze Marketing Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6366239
    Latitude
    41.8962359

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    FAQs

    What type of property is this?
    Retail space - Value-add opportunity in River North Gallery District.
    Where is this retail space located?
    The property is located at 757 North Orleans St Chicago, IL.
    What are key features of this property?
    This property features: - Flagship core retail Chicago location; - Value-add opportunity through Walgreens buy-out & re-development; - Core, urban infill location in River North Gallery District
    (312) 240-0127
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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
    757 North Orleans St Chicago, IL 60654
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