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    5359 Broadway St Chicago, IL 60640

    Sponsored
    For Lease
    Contact for pricing

    Prime Edgewater location, two suites available.

    Lot size:
    2,525 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional commercial property, located at 5359 N. Broadway St in Chicago's vibrant Edgewater neighborhood, offers two distinct spaces for lease. The property totals 2,525 square feet and is currently fully vacant, presenting a unique opportunity for immediate occupancy. One space, Suite 5359, is a fully equipped, 2nd generation restaurant space boasting a complete, ready-to-use kitchen. This turnkey solution is perfect for an established restaurant operator looking to capitalize on the thriving Edgewater culinary scene. The second space, Suite E, is an office space ideally situated along Balmoral Avenue, providing excellent visibility and accessibility. This space offers flexibility for a variety of retail or office uses. Both spaces are available immediately. The minimum leasable space is 725 square feet, while the maximum contiguous space available is 1,800 square feet. The property is located at the highly visible intersection of Balmoral Avenue and Broadway Street in Cook County. Serious inquiries are encouraged. This is a rare opportunity to secure prime retail space in a desirable and rapidly developing neighborhood.

    Property Features for 5359 Broadway St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,525 SF

    Unit(s) available at that property

    Space
    1st Fl, Ste E
    Size
    725 SF
    Space
    1st Fl, Ste 5359
    Size
    1,800 SF

    HighLights

    • Retail and restaurant space totaling 2,525 square feet.
    • Two suites available, ranging from 725 to 1,800 contiguous square feet.
    • Currently 100% vacant.
    • Located at 5359 N. Broadway St, Chicago, Cook County.
    • Includes a fully equipped, second‑generation restaurant space.
    • Excellent location at the Balmoral and Broadway intersection in Edgewater.
    Property Profile Location Intelligence

    Current Use by Public Records

    Papa John's Pizza Pizza Restaurant

    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
    -87.6595424
    Latitude
    41.9798189

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    FAQs

    What type of property is this?
    Restaurant - Prime Edgewater location, two suites available.
    Where is this restaurant located?
    The property is located at 5359 Broadway St Chicago, IL.
    What are key features of this property?
    This property features: Retail and restaurant space totaling 2,525 square feet.; Two suites available, ranging from 725 to 1,800 contiguous square feet.; Currently 100% vacant.
    Request Owner's contact information
    5359 Broadway St Chicago, IL 60640
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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
    5359 Broadway St Chicago, IL 60640
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