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    900 Randolph St Chicago, IL 60607

    For Lease
    Contact for pricing

    Prime Retail Space Available - Cook County

    Lot size:
    23,711 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 23,711 square foot shopping center, located at 900 W Randolph Street in Cook County, presents a compelling investment opportunity. Currently offering multiple tenancies, this property boasts a strong existing occupancy rate with only 2,658 square feet currently vacant, providing immediate income potential and the flexibility to tailor the space to suit a variety of retail businesses. The building's substantial size allows for diverse tenant mixes, creating a vibrant and attractive shopping destination. The strategic location within Cook County ensures high visibility and accessibility for customers, benefiting from significant foot traffic and convenient transportation links. This property is ideal for investors seeking a well-established retail center with immediate income generation and significant upside potential through lease-up of the vacant space. The existing tenants provide a stable foundation, while the available space offers the opportunity to attract new businesses and further enhance the property's value. This is a rare opportunity to acquire a well-positioned retail center in a thriving market. The property's size and location make it an attractive proposition for both established retailers and emerging businesses. Serious inquiries are encouraged to explore this exceptional investment opportunity further. Detailed financial information and lease terms are available upon request. Don't miss out on this chance to secure a prime retail asset in a high-demand location.

    Property Features for 900 Randolph St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,711 SF

    Unit(s) available at that property

    Space
    UNIT 1210/1220
    Size
    2,658 SF

    HighLights

    • Retail shopping center totaling 23,711 square feet.
    • Located in Cook County.
    • Multi‑tenant property.
    • 2,658 square feet currently vacant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Taste Of Randolph Festival Leña Brava Mexican Restaurant

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.650213
    Latitude
    41.8846414

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Space Available - Cook County
    Where is this lifestyle center located?
    The property is located at 900 Randolph St Chicago, IL.
    What are key features of this property?
    This property features: Retail shopping center totaling 23,711 square feet.; Located in Cook County.; Multi-tenant property.
    Request Owner's contact information
    900 Randolph St Chicago, IL 60607
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    Chicago, IL 60607
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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
    900 Randolph St Chicago, IL 60607
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