First-Floor Retail
For Sale
$100,000
30 E Huron Street Unit 02-COM04, Chicago, IL 60611
Street-level suite in a mixed-use building with direct customer access.
Property Size200 SF
Price / SF$500
Days on Market301
Property Features for 30 E Huron Street Unit 02-COM04
General Information
Standard status
Active
Size
200 SF
Property subtype
COMMERCIAL
Additional Details
Floor
Ground
Taxes and HOA fees
Annual Taxes
$2,556
Building Details
Building Size
200 SF
Year Built
1980
Listing Agency:
Compass 847-308-3161 Overview Other property details Taxes $2,556 Tax Frequency Annually Coldwell Banker Dawn McKenna Group Request a tour Contact agent Request a tour Contact agent Listed by Steve Rollins with Compass 847-308-3161
Listed By:
Steve Rollins · License #475125393
(847) 306-6158
Source:
Dawnmckennagroup
Added: Dec 23, 2025
Changed: Oct 15
Last Checked: Oct 19 at 5:52PM
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 Compass 847-308-3161 Overview Other property details Taxes $2,556 Tax Frequency Annually Coldwell Banker Dawn McKenna Group Request a tour Contact agent Request a tour Contact agent Listed by Steve Rollins with Compass 847-308-3161
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Investment Insights
Based on property information with market context.
This approximately 200-square-foot commercial suite occupies the first floor of a mixed-use building constructed in 1980. The space was formerly used as a dry cleaner and offers a compact footprint for a retail, office, studio, or service-oriented operation.
The property is at 30 E Huron Street in Chicago’s River North area, near Michigan Avenue, public transportation, dining, and shopping. Surrounding residential buildings, offices, hotels, and retailers contribute to an active urban setting, while the street-level position supports convenient entry for customers and clients.
The property is at 30 E Huron Street in Chicago’s River North area, near Michigan Avenue, public transportation, dining, and shopping. Surrounding residential buildings, offices, hotels, and retailers contribute to an active urban setting, while the street-level position supports convenient entry for customers and clients.
Key Highlights
- Approximately 200 sq ft of first‑floor commercial space
- Street‑level access at 30 E Huron Street
- Located in a mixed‑use building constructed in 1980
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,291
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$85,820
$85.8K
Cap Rate 7%
$61,300
$61.3K
Cap Rate 9%
$47,678
$47.7K
Market Conditions
NOI Build-Up for 200 SF
Gross rent
$7.7K $38.40/SF
− Vacancy
−$2.0K −$9.79/SF
EGI
$5.7K $28.61/SF
− OpEx
−$1.4K −$7.15/SF
NOI
$4.3K $21.46/SF
Area
Chicago, IL
Vacancy
25.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$85,820
Cap Rate 7%
$61,300
Cap Rate 9%
$47,678
Alternative Uses
Best Use
Office B
$61.3K
$53.6K – $71.5K
NOI $4,291 @ 7.0% cap · market cap 4.29%
Second Best
Retail
$39.5K
$34.6K – $46.1K
NOI $2,767 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$94.3K
$82.5K – $110.0K
NOI $6,601 @ 7.0% cap · market cap 6.60%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
27,099
Businesses Nearby
Explore this area
Business Placement
Demographics for 60611, IL
38,456
Population
28,239
Households
1.4
Avg Household Size
39
Median Age
88%
College-Educated
99%
High-School Grad
0.8 sq mi
ZIP Area
48,070
Density / Sq Mi
$124,621
Median Household Income
$92,917
Median Earnings
$2,416
Median Rent
$608,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Chicago, IL
Frequently Asked Questions
What type of property is this?
Retail space - Street-level suite in a mixed-use building with direct customer access.
Where is this retail space located?
The property is located at 30 E Huron Street Unit 02-COM04 Chicago, IL.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Approximately 200 sq ft of first‑floor commercial space; Street‑level access at 30 E Huron Street; Located in a mixed‑use building constructed in 1980
