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    3401 Broadway St Chicago, IL 60657

    Sponsored
    For Lease
    $37 SF/Yr

    Prime 2,548 SF Retail/Office Space

    Lot size:
    2,548 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,548 square foot street-level commercial space is ideally located in the vibrant Lakeview East neighborhood of Cook County, Illinois. Situated on a bustling pedestrian corridor near Wrigley Field, this property boasts unparalleled visibility and accessibility. The completely renovated space features high ceilings, large front windows providing excellent natural light, and an ADA-compliant restroom. Its versatile layout offers an inviting open floor plan at the front, seamlessly transitioning into uniquely divisible private offices in the rear, making it suitable for a variety of uses including retail, personal services, or traditional office space. The space's prominent location, less than half a mile from Wrigley Field, benefits from the high foot traffic and proximity to numerous shopping and dining options, catering to a dense and affluent population. Wide sidewalks further enhance visibility and pedestrian access. This is a truly exceptional opportunity to secure a prime commercial space in one of Chicago's most desirable neighborhoods. The property is a single-tenant space within a larger building, and the total square footage of the building is not available.

    Property Features for 3401 Broadway St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,548 SF

    Unit(s) available at that property

    Space
    Size
    2,548 SF
    Rate per SF
    $37

    HighLights

    • 2,548 SF street‑level retail space in the high‑density Lakeview East neighborhood.
    • High ceilings, large front windows, and ADA‑compliant restrooms.
    • Completely renovated with an open floor plan and divisible offices.
    • High‑visibility location on a heavily trafficked pedestrian corridor.
    • Less than half a mile from Wrigley Field, in a vibrant area with abundant shopping and dining options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Marcin Krempa - RE/MAX ... Real Estate Agency April Nessler Motto ... Mortgage Broker walker robinson | re/max ... Real Estate Agent Terry Young, RE/MAX ... Real Estate Agent RE/MAX Premier - Lakeview ... Real Estate Agency

    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
    -87.6446997
    Latitude
    41.9434667

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    FAQs

    What type of property is this?
    Lifestyle center - Prime 2,548 SF Retail/Office Space
    Where is this lifestyle center located?
    The property is located at 3401 Broadway St Chicago, IL.
    What is the lease rate?
    The lease rate is $37 SF/Yr.
    What are key features of this property?
    This property features: 2,548 SF street-level retail space in the high-density Lakeview East neighborhood.; High ceilings, large front windows, and ADA-compliant restrooms.; Completely renovated with an open floor plan and divisible offices.
    Request Owner's contact information
    3401 Broadway St Chicago, IL 60657
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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
    3401 Broadway St Chicago, IL 60657
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