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    2015 Racine Ave Chicago, IL 60608

    Sponsored
    For Lease
    $15 SF/Yr

    5200 sqft, Single Tenant, Pilsen Heart

    Lot size:
    5,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 5200-square-foot creative office space is ideally situated in the heart of Chicago's vibrant Pilsen neighborhood, at 2015 S Racine Ave, Chicago, IL 60608. The property is a single-tenant building featuring a unique bow truss design. The interior boasts a fully built-out space including a complete kitchen, a full bathroom with shower, and dedicated office areas. Climate control is ensured with central air conditioning and heating. Conveniently located, the building also includes an attached two-car garage in the rear, providing ample parking for tenants. The property is zoned C1-2, allowing for a variety of commercial uses, including office, restaurant, and retail. The building is served by a 300-amp electrical service. There are no elevators on the premises. This property presents a rare opportunity to acquire a unique and well-appointed space in a highly sought-after location. Its versatile layout and prime Pilsen location make it perfect for a variety of businesses seeking a creative and functional workspace. The cross street is Cullerton St. This is a single-tenant occupancy building.

    Property Features for 2015 Racine Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,200 SF

    Unit(s) available at that property

    Space
    Size
    5,200 SF
    Rate per SF
    $15

    HighLights

    • 5,200 SF single‑tenant building with bow truss construction in the heart of Pilsen.
    • Features a full kitchen, full bath, and office space.
    • Equipped with central air conditioning and heating.
    • Includes a rear attached parking space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kevin Smith Photography Photographer SZNL JAM Event ... Event Venue

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store 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
    -87.656349973377
    Latitude
    41.854652846006

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    FAQs

    What type of property is this?
    Restaurant - 5200 sqft, Single Tenant, Pilsen Heart
    Where is this restaurant located?
    The property is located at 2015 Racine Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 5,200 SF single-tenant building with bow truss construction in the heart of Pilsen.; Features a full kitchen, full bath, and office space.; Equipped with central air conditioning and heating.
    Request Owner's contact information
    2015 Racine Ave Chicago, IL 60608
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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
    2015 Racine Ave Chicago, IL 60608
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