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    3629 Halsted St Chicago, IL 60613

    Sponsored
    For Sale
    $915,000

    Prime Halsted Street Retail Condo

    Property size:
    3,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail investment opportunity presents two combined storefront condos totaling 3,600 square feet, located directly across from a Whole Foods in Chicago's vibrant Lakeview neighborhood. The property boasts 100 feet of frontage on North Halsted Street, between Addison and Waveland, offering unparalleled visibility and accessibility. Two deeded parking spaces with interior access are included, a significant advantage in this high-demand area. The units, previously occupied by a med-spa and stationary store, feature soaring ceilings and ample plumbing, allowing for a turnkey operation or easy customization to suit various business needs. The location is exceptionally convenient, situated two blocks from the Addison Red Line CTA station and the heart of North Halsted's bustling commercial district. This prime location benefits from a Walk Score of 97, Bike Score of 90, and Transit Score of 79, reflecting its exceptional walkability, bikeability, and public transportation access. The surrounding area demonstrates strong demographics, with a 2023 population projection of 86,031 within one mile, an average household income of $114,506, and a total annual consumer spending exceeding $1.495 billion. The property is zoned C1-2 and is offered at $915,000, representing a price per square foot of $254.17. The property is sold as one tax parcel (APN: 14-21-107-024-0000). This is a rare opportunity to acquire a high-performing retail space in a coveted Chicago location.

    Property Features for 3629 Halsted St

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,600 SF

    HighLights

    • 100 feet of street frontage.
    • High‑traffic location directly across from a Whole Foods Market.
    • Exceptional consumer spending power exceeding $1.495 billion annually within a one‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wispachat Wholesale Wholesaler BOYSTOWN Corporate Office

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6491051
    Latitude
    41.9482832

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    FAQs

    What type of property is this?
    Individual retail property - Prime Halsted Street Retail Condo
    Where is this individual retail property located?
    The property is located at 3629 Halsted St Chicago, IL.
    What is the asking price?
    The asking price for this property is $915,000.
    What are key features of this property?
    This property features: 100 feet of street frontage.; High-traffic location directly across from a Whole Foods Market.; Exceptional consumer spending power exceeding $1.495 billion annually within a one-mile radius.
    Request Owner's contact information
    3629 Halsted St Chicago, IL 60613
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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
    3629 Halsted St Chicago, IL 60613
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