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    1307 Clybourn Ave Chicago, IL 60610

    For Lease
    $20 SF/Yr ($6,583 /Mo)

    Historic Charm, Prime Location, High Visibility

    Lot size:
    3,950 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional Old Town retail property at 1307 N Clybourn Avenue offers a unique opportunity for a discerning business owner. The building, constructed in 1877, boasts a charming character rarely found in today's market. The single-tenant space comprises 3,950 square feet, spread across four stories in a split-level configuration. This provides ample room for a variety of retail uses, allowing for creative layout and design to maximize the space's potential. The property sits on a 0.13-acre lot, classified as Class C. The strategic location on Clybourn Avenue ensures high visibility and accessibility, attracting significant foot traffic. The adjacent lots present a compelling opportunity for expansion, providing possibilities for additional square footage, outdoor seating areas, or dedicated parking. This property is ideal for a business seeking a unique, historic space with significant growth potential in the vibrant Old Town submarket. The property's APN is 17-04-121-069-0000. This is a rare chance to acquire a piece of Old Town's rich history and establish a thriving business in a highly desirable location. The building's single-tenant occupancy simplifies management and allows for focused business operations. Don't miss this chance to secure a prime retail location in a thriving neighborhood.

    Property Features for 1307 Clybourn Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,950 SF
    Class
    C
    Total Rate
    6583.33

    Building Details

    Year Built
    1877
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    Size
    3,816 SF
    Rate per SF
    $20

    HighLights

    • 3,950 square foot retail building on a 0.13‑acre lot.
    • Single‑tenant occupancy.
    • Class C building constructed in 1877.
    • Four‑story building.
    • Located in Old Town, near Clybourn Avenue.
    • APN: 17‑04‑121‑069‑0000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    PETER HOLOMYANSKY & CO Investment Company Boardwalk Capital Holdings, ... Commercial Real Estate Agency Building Broad Management Property Management Company Big Onion Hospitality Corporate Campus

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6423334
    Latitude
    41.9060162

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    FAQs

    What type of property is this?
    Retail property - Historic Charm, Prime Location, High Visibility
    Where is this retail property located?
    The property is located at 1307 Clybourn Ave Chicago, IL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 3,950 square foot retail building on a 0.13-acre lot.; Single-tenant occupancy.; Class C building constructed in 1877.
    Request Owner's contact information
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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
    1307 Clybourn Ave Chicago, IL 60610
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