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    3126 26Th St Chicago, IL 60623

    Sponsored
    For Lease
    $50 SF/Yr ($3,999 /Mo)

    Prime location, high foot traffic, 950 sq ft.

    Lot size:
    950 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional single-tenant retail building, totaling 950 square feet, is ideally situated at the gateway to Little Village, Chicago, Illinois. Its prominent location at 3126 W 26th St, near the iconic Little Village arch, ensures high visibility and accessibility. The property benefits from its proximity to the recently renovated Little Village Plaza, home to established retailers including Walgreens, Starbucks, La Baguette, and the Discount Mall, creating a vibrant and thriving retail environment. The building sits on a 3,125 square foot lot and is a one-story structure, zoned B3-2. Convenient parking is available on-site, a significant advantage for both customers and employees. This presents a unique chance to establish or expand a business in a bustling, high-traffic area with strong existing retail presence. The address is 3126 W 26th St, Chicago, IL 60623, and the cross street is Troy. This property offers an excellent opportunity for businesses seeking a prime location within a well-established and growing commercial district. The single-tenant occupancy provides flexibility and control for the new owner. The building's location at the entrance to Little Village, combined with its proximity to key amenities and high foot traffic, makes it an attractive investment opportunity.

    Property Features for 3126 26Th St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    950 SF
    Total Rate
    3999.5

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    940 SF
    Rate per SF
    $50

    HighLights

    • Prime location with high visibility.
    • Ample on‑site parking available.
    • High traffic counts ensure excellent exposure.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -87.703364334855
    Latitude
    41.844559201739

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    FAQs

    What type of property is this?
    Individual retail property - Prime location, high foot traffic, 950 sq ft.
    Where is this individual retail property located?
    The property is located at 3126 26Th St Chicago, IL.
    What is the lease rate?
    The lease rate is $50 SF/Yr.
    What are key features of this property?
    This property features: Prime location with high visibility.; Ample on-site parking available.; High traffic counts ensure excellent exposure.
    Request Owner's contact information
    3126 26Th St Chicago, IL 60623
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    Chicago, IL 60623
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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
    3126 26Th St Chicago, IL 60623
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