2706 Halsted St Chicago, IL 60614-1414
- Retail space
- 0.32 lot acres
Current Use by Public Records
- Beyond Salon Suites / Beauty Salon / Massage Spa
- SpacePink Beauty Studio / Hair Salon
- House of Esthetics / Beauty Salon
- Dunkin' / Donut Shop / Bagel Shop
- Baskin-Robbins / Ice Cream Shop / Cake Shop
Property Details for 2706 Halsted St
- Year built
- 1999
- Lot size
- 0.32 lot acres
- Property type
- Retail space
- APN
- 14-29-407-099
- APU
- 1429407099
Description
This exceptional 1,500 square-foot medical or retail space is situated on the ground floor of a modern five-story, 54-unit condo building in Chicago's vibrant Lincoln Park neighborhood. The suite boasts a 10-foot ceiling height and is part of a larger 7,600 square-foot building with a total of 54 suites. The property is conveniently located in the heart of the Lincoln Park/East Lakeview commercial district, surrounded by a high-density population of over 100,000 affluent residents within a one-mile radius. Its strategic location is just one block south of Diversey Parkway, two blocks west of the Clark/Broadway/Diversey intersection, and a short 0.3-mile walk to the Diversey CTA station. This ensures excellent accessibility and high visibility. Nearby amenities include a Fresh Market, Home Depot, Guitar Center, Walgreens, Trader Joe's, Urban Outfitters, and numerous local restaurants and businesses. The property is zoned B3-2 and has a Property Identification Number (APN) of 14-29-407-099-0000. The building offers six parking spaces. Property taxes are $9.24 per square foot. This Class B property presents a unique opportunity for a variety of businesses seeking a high-traffic location in a thriving community. The space is immediately available.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $325,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $380,000
- 6.5%
- $335,000
- 7%
- $355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $350,000
- Geo Method
- $385,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $350,000
- Retail
- $355,000
- Mixed-Use
- $340,000
- Hospitality
- $395,000
- Educational
- $330,000
- Residential Income
- $360,000
- Energy
- $305,000
- Income-Based Land
- $360,000
- Food Service
- $335,000
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6493
- Latitude
- 41.9316
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA