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    3215 Broadway St Chicago, IL 60657

    Sponsored
    For Lease
    Contact for pricing

    6,900 SF, High-Visibility Retail Building

    Lot size:
    6,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,900 square foot retail space is ideally situated at 3215-3219 N. Broadway Street in Chicago's vibrant Lakeview East neighborhood. Built in 1956, this single-tenant property boasts a striking bow-truss roof with impressive 15-foot ceiling heights. The spacious interior is column-free, offering maximum flexibility for a wide range of retail uses. Convenient amenities include men's and women's locker rooms and a mezzanine level with office space. The building's prime location directly benefits from high visibility, situated just north of the heavily trafficked Broadway and Belmont intersection (approximately 25,000 vehicles per day). Its proximity to public transportation, with the Belmont "L" station only four blocks away, ensures excellent accessibility for customers and employees. Furthermore, the property enjoys a strategic position just two blocks west of Lake Shore Drive, enhancing its visibility and appeal. The surrounding area is bustling with established businesses, including Walgreens, Mariano's, CVS Pharmacy, Starbucks, Stan's Donuts, Lakeview Athletic Club, Eggsperience, and Jersey Mike's, creating a strong retail synergy. This property presents a rare opportunity to establish a thriving business in a highly desirable and well-connected location within Cook County, Illinois, and zip code 60657. The entire 6,900 square feet is currently vacant and ready for immediate occupancy.

    Property Features for 3215 Broadway St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,900 SF

    Building Details

    Year Built
    1956

    Unit(s) available at that property

    Space
    Available Space
    Size
    6,900 SF

    HighLights

    • Excellent lease opportunity in Lakeview East's commercial corridor, next to Walgreens.
    • Spacious interior with flexible layout options for tenant improvements.
    • High‑ceiling space (15‑foot bow truss).
    • Existing men's and women's restrooms.
    • Mezzanine level provides extra office and storage space.
    • Four blocks from the Belmont "L" station (Red, Brown, and Purple lines).
    Property Profile Location Intelligence

    Current Use by Public Records

    Sweat Shop Gym

    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
    -87.6440251
    Latitude
    41.9405983

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    FAQs

    What type of property is this?
    Individual retail property - 6,900 SF, High-Visibility Retail Building
    Where is this individual retail property located?
    The property is located at 3215 Broadway St Chicago, IL.
    What are key features of this property?
    This property features: Excellent lease opportunity in Lakeview East's commercial corridor, next to Walgreens.; Spacious interior with flexible layout options for tenant improvements.; High-ceiling space (15-foot bow truss).
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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
    3215 Broadway St Chicago, IL 60657
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