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Logan Square Warehouse/Office/Retail Space
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2700-2714 N Campbell Ave, Chicago, IL

16,633 SF warehouse/office/retail space with high visibility.

Property Size18,600 SF
Lot Size0.38 Acres
Price / SF$172.04
Days on Market350

Property Features for 2700-2714 N Campbell Ave

General Information

Standard status Active
Size 18,600 SF
Lot size 0.38 Acres
Property subtype RETAIL
Listing Agency: Jameson Commercial
Listed By: Jason P. Hiller · License #475158547
Source: Moodyscre
Added: Oct 21, 2025 Changed: Oct 3 Last Checked: Oct 4 at 12:52PM

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 Jameson Commercial

Investment Insights

Based on property information with market context.

This 16,633 square foot property offers a combination of warehouse, office, and retail space in east Logan Square. The building, originally constructed in 1908, features a concrete foundation, brick exterior, and a timber and rubber flat roof. The interior is comprised of approximately 12,000 square feet of warehouse space and 6,600 square feet of office/retail space, with ceiling heights varying from 12 to 23 feet. The property has potential for up to 12 offices and roughly 200 feet of retail frontage. It includes three drive-in bay doors and one flush loading dock. The location provides easy access to I-90/94 and public transportation. The property benefits from excellent visibility from I-90/94 (297,000 average daily vehicles) and the Metra Union Pacific Northwest line, with potential for signage or a billboard on the building and/or an affixed cell tower. Garage parking is available across the street, and permit street parking is also an option. The property is adjacent to Maplewood Brewery & Kitchen and within walking distance of Target, Home Depot, Regal Cinema City North, and XSport Fitness.

Key Highlights

  • Prime location in east Logan Square with easy access to I‑90/94 and public transportation.
  • High visibility from I‑90/94 (297k ADV) and Metra line, with potential for signage/billboard.
  • Versatile space with approximately 12,000 sf of warehouse and 6,600 sf of office/retail space.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$257,327
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,146,540 $5.1M
Cap Rate 7%
$3,676,100 $3.7M
Cap Rate 9%
$2,859,189 $2.9M
Market Conditions
NOI Build-Up for 18,600 SF
Gross rent
$401.8K $21.60/SF
− Vacancy
−$34.1K −$1.84/SF
EGI
$367.6K $19.76/SF
− OpEx
−$110.3K −$5.93/SF
NOI
$257.3K $13.83/SF
Area
Chicago, IL
Vacancy
8.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,146,540
Cap Rate 7%
$3,676,100
Cap Rate 9%
$2,859,189

Alternative Uses

Best Use
Office B
$5.70M
$4.99M – $6.65M (±1% cap)
NOI $399,082 @ 7.0% cap · market cap 12.47%
Second Best
Retail
$3.68M
$3.22M – $4.29M (±1% cap)
NOI $257,327 @ 7.0% cap · market cap 8.04%
Theoretical Best
Office A
$8.77M
$7.67M – $10.23M (±1% cap)
NOI $613,889 @ 7.0% cap · market cap 19.18%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick HVAC Service Nursing Home (Bike/Boat/Book/etc) Store Butcher Tanning Salon Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,517
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - 16,633 SF warehouse/office/retail space with high visibility.
Where is this retail space located?
The property is located at 2700-2714 N Campbell Ave Chicago, IL.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Prime location in east Logan Square with easy access to I‑90/94 and public transportation.; High visibility from I‑90/94 (297k ADV) and Metra line, with potential for signage/billboard.; Versatile space with approximately 12,000 sf of warehouse and 6,600 sf of office/retail space.
(773) 412-3899 Call to check price and availability
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