Retail/Office Space with Window
For Sale
Contact for pricing
2625 N Halsted St, Chicago, IL 60614
Retail/office space with prominent window exposure, hardwood floors, high ceilings, storage, and indoor parking.
Property Size1,300 SF
Price / SF$242.31
Days on Market492
Property Features for 2625 N Halsted St
General Information
Standard status
Active
Size
1,300 SF
Property subtype
RETAIL
Amenities
window exposure
hardwood floors
high ceiling
storage
indoor parking
Building Details
Tenancy
Single
Listing Agency:
Strauss Realty, Ltd.
(773) 736-3600
Listed By:
Patrick Duffy · License #475140988
Source:
Moodyscre
Added: Mar 28, 2025
Changed: Jul 30
Last Checked: Jul 31 at 3:24AM
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 Strauss Realty, Ltd.
Investment Insights
Based on property information with market context.
This retail/office space is built around strong storefront presence, with great window exposure plus hardwood floors and high ceilings. The interior also includes storage and indoor parking, supporting a flexible day-to-day tenant experience.
Located for high visibility along North Halsted in Lincoln Park, the space benefits from immediate retail adjacency, with nearby tenants including Home Depot, Guitar Center, Baskin Robins, and Dunkin Donuts. A long-time tenant recently signed a 3-year extension, providing continuity for the current operating setup.
For users seeking a street-facing retail/office location with quality interior finishes and practical support features like storage and indoor parking, this is a compelling option along a heavily trafficked commercial corridor.
Located for high visibility along North Halsted in Lincoln Park, the space benefits from immediate retail adjacency, with nearby tenants including Home Depot, Guitar Center, Baskin Robins, and Dunkin Donuts. A long-time tenant recently signed a 3-year extension, providing continuity for the current operating setup.
For users seeking a street-facing retail/office location with quality interior finishes and practical support features like storage and indoor parking, this is a compelling option along a heavily trafficked commercial corridor.
Key Highlights
- Great window exposure for strong storefront presence
- Hardwood floors and high ceilings
- Includes storage and indoor parking
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.9k | $38.40 |
| − Vacancy | −$12.7k | −$9.79 |
| EGI | $37.2k | $28.61 |
| − OpEx | −$9.3k | −$7.15 |
| NOI | $27.9k | $21.46 |
1,300 SF · lease $38.40/SF/yr · vacancy 25.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$398.5K
$348.7K – $464.9K
NOI $27,893 @ 7.0% cap · market cap 8.85%
Second Best
Retail
$256.9K
$224.8K – $299.8K
NOI $17,985 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$612.9K
$536.3K – $715.1K
NOI $42,906 @ 7.0% cap · market cap 13.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
7,936
Businesses Nearby
Explore this area
Business Placement
Demographics for 60614, IL
73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
Median Home Value
Market
Vacancy Rate% for Office in Chicago, IL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Retail/office space with prominent window exposure, hardwood floors, high ceilings, storage, and indoor parking.
Where is this retail space located?
The property is located at 2625 N Halsted St Chicago, IL.
What is the asking price?
The asking price for this property is $314,998.
What are key features of this property?
This property features: Great window exposure for strong storefront presence; Hardwood floors and high ceilings; Includes storage and indoor parking
