Retail/Office Building with
For Sale
$1,300,000
3934 W 26th Street, Chicago, IL 60623
A 12,000 SF retail/office property positioned for rent upside along a top-performing Chicago commercial corridor.
Property Size12,000 SF
Price / SF$108.33
Days on Market70
Property Features for 3934 W 26th Street
General Information
Standard status
Active
Size
12,000 SF
Property subtype
Retail
Building Details
Building Size
12,000 SF
Listing Agency:
Friedman Real Estate IL LLC
(847) 682-5024
Listed By:
Kellen Duggan · License #475155060
(847) 682-5024
Source:
Friedmanrealestate
Added: Jun 2
Changed: Aug 8
Last Checked: Aug 9 at 5:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Friedman Real Estate IL LLC
Investment Insights
Based on property information with market context.
This is a 12,000 SF retail/office building offered for sale, representing the first time the property has been on the market in over 50 years. The opportunity centers on a value-add plan, including the potential to raise rents, supported by the building’s existing retail and office configuration.
The property is located on 26th Street in Chicago, a well-known commercial corridor described as the second-highest performing in the city behind Michigan Avenue. For buyers seeking additional scale, the building can be purchased together with the adjacent 57,000 SF Atlantic Professional Building.
Given the building’s combined retail/office nature and the stated rent-upside potential, it may appeal to investors looking for a structured value-add strategy, as well as owner-users who want a flexible workspace with retail-oriented frontage. The ability to acquire it alongside the adjacent Atlantic Professional Building may also support plans that require more total space or improved operational control across both properties.
The property is located on 26th Street in Chicago, a well-known commercial corridor described as the second-highest performing in the city behind Michigan Avenue. For buyers seeking additional scale, the building can be purchased together with the adjacent 57,000 SF Atlantic Professional Building.
Given the building’s combined retail/office nature and the stated rent-upside potential, it may appeal to investors looking for a structured value-add strategy, as well as owner-users who want a flexible workspace with retail-oriented frontage. The ability to acquire it alongside the adjacent Atlantic Professional Building may also support plans that require more total space or improved operational control across both properties.
Key Highlights
- 12,000 SF retail/office building for sale
- First time the building has been offered for sale in over 50 years
- Potential to increase income by raising rents
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,005
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60623, IL
87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value
Market
Vacancy Rate% for Office in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Storefront property - A 12,000 SF retail/office property positioned for rent upside along a top-performing Chicago commercial corridor.
Where is this storefront property located?
The property is located at 3934 W 26th Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 12,000 SF retail/office building for sale; First time the building has been offered for sale in over 50 years; Potential to increase income by raising rents
