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    3160 N Broadway St Chicago, IL 60657

    For Lease
    $45 SF/Yr

    New construction retail space in a high-traffic, walkable area.

    Property Features for 3160 N Broadway St

    General Information

    Standard status
    Active

    Building Details

    Year built
    2025

    Source: STRAUSS REALTY LTD Agent CRAIG WOLF

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

    Overview

    Lakeview East Retail Space Available

    This new construction ground floor retail space is available for lease on busy Broadway in Lakeview East. The space offers 1,770 square feet with 12-foot ceilings. It is in vanilla box condition and includes black iron and basement storage. The location is ideal for a restaurant, cafe, medical office, or fitness use. Situated in a highly walkable and busy retail area, the property is surrounded by shops, services, entertainment venues, and restaurants. It is located 0.5 miles from the CTA L stop at Belmont. Nearby tenants include Jersey Mike's Subs, Archetype Crossfit, Robert Jeffrey Salon, Laugh Factory, Bottles Up Wine Store, Vitus Nail Salon, Salad House, House of Hookah, and Dryhop Brewers. The area boasts strong income and demographics, with a population of 91,743 within a 1-mile radius, encompassing 54,243 households and an average household income of $123,429.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Supercuts Hair Salon

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon 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
    -87.6447278
    Latitude
    41.9394303

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    FAQs

    What type of property is this?
    Retail space - New construction retail space in a high-traffic, walkable area.
    Where is this retail space located?
    The property is located at 3160 N Broadway St Chicago, IL.
    What is the lease rate?
    The lease rate is $45 SF/Yr.
    What are key features of this property?
    This property features: - New construction ground floor retail space in high-traffic Lakeview East location.; - Ideal for restaurant, cafe, medical, or fitness use.; - Strong demographics: high population and average household income within 1 mile.
    (773) 736-3600
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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
    3160 N Broadway St Chicago, IL 60657
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