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    3718 Southport Ave Chicago, IL 60613

    For Lease
    Contact for pricing

    880 SF Retail Space - Chicago, IL

    Lot size:
    880 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 880-square-foot retail space is ideally situated at 3718 N Southport Avenue in Chicago, Illinois, within Cook County. The property is a single-tenant building offering a completely vacant space ready for immediate occupancy. Its convenient location provides excellent visibility and accessibility for businesses seeking a thriving commercial environment. The building's total square footage is 880 square feet, all of which is currently available for lease. This presents a unique opportunity for a variety of retail ventures to establish a strong presence in a vibrant Chicago neighborhood. The property's classification is commercial retail, making it suitable for a wide range of businesses. The address is precisely 3718 N Southport Ave, Chicago, IL 60613, offering easy access for both customers and employees. This location is perfect for businesses looking to capitalize on the high foot traffic and strong community presence of the Southport Corridor. The property is ready for immediate lease and offers a blank canvas for a new business to thrive. Interested parties are encouraged to inquire further to explore the possibilities of establishing their business in this prime location. The property is categorized as a single-tenant building, ensuring exclusive use of the entire space. This presents a unique opportunity for businesses seeking a dedicated and independent space to operate.

    Property Features for 3718 Southport Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    880 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    880 SF

    HighLights

    • Rare, small shop opportunity on the Southport Corridor under new ownership.
    • Excellent location surrounded by diverse retail and restaurant businesses.
    • Less than 0.5 miles from the Southport Brown Line El station (651,519 annual riders).
    • Within a 10‑minute walk of Wrigley Field (3.2M annual visitors).
    Property Profile Location Intelligence

    Current Use by Public Records

    Massage Envy Massage Spa

    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
    -87.664286
    Latitude
    41.949508

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    FAQs

    What type of property is this?
    Retail property - 880 SF Retail Space - Chicago, IL
    Where is this retail property located?
    The property is located at 3718 Southport Ave Chicago, IL.
    What are key features of this property?
    This property features: Rare, small shop opportunity on the Southport Corridor under new ownership.; Excellent location surrounded by diverse retail and restaurant businesses.; Less than 0.5 miles from the Southport Brown Line El station (651,519 annual riders).
    Request Owner's contact information
    3718 Southport Ave Chicago, IL 60613
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    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
    3718 Southport Ave Chicago, IL 60613
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