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    3216 Broadway St Chicago, IL 60657

    For Lease
    Contact for pricing

    7,500 SF Retail Space Available

    Lot size:
    7,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 7,500 square foot retail space is ideally situated at 3216 N Broadway in Chicago's vibrant Cook County. Currently entirely vacant, this property presents a unique opportunity for a single tenant or multiple tenants seeking a prominent location. The building's total area is 7,500 square feet, offering ample space for a variety of commercial uses. The property is classified as retail commercial space with multiple tenancy options. Its prime location in Chicago, Illinois, zip code 60657, offers excellent visibility and accessibility for customers. The address is easily identifiable and conveniently located within Cook County, providing easy access to major transportation routes and a diverse customer base. This is a blank canvas for a business looking to establish a strong presence in a bustling area. The property's size and location make it suitable for a wide range of retail businesses, from flagship stores to smaller boutiques. The entire space is available for lease, providing flexibility for potential tenants to customize the layout and design to meet their specific needs. Serious inquiries are encouraged to explore this exciting opportunity. The property is ready for immediate occupancy. Contact us to schedule a viewing and discuss lease terms.

    Property Features for 3216 Broadway St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,500 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    7,500 SF

    HighLights

    • 7,500 SF retail space available for lease at 3216 N Broadway, Chicago, IL 60657.
    • Excellent visibility with 49 feet of frontage on N. Broadway, in the Lakeview East neighborhood.
    • Custom signage and branding opportunities on the building facade.
    • Convenient access to Lake Shore Drive and the Belmont "L" station (2.2M annual riders).
    • Located near numerous amenities including cafes, restaurants, fitness centers, and shops, with high pedestrian traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gap Clothing Store UnitedHealthcare Group Insurance Agency

    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
    -87.6448161
    Latitude
    41.9407877

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    FAQs

    What type of property is this?
    Retail property - 7,500 SF Retail Space Available
    Where is this retail property located?
    The property is located at 3216 Broadway St Chicago, IL.
    What are key features of this property?
    This property features: 7,500 SF retail space available for lease at 3216 N Broadway, Chicago, IL 60657.; Excellent visibility with 49 feet of frontage on N. Broadway, in the Lakeview East neighborhood.; Custom signage and branding opportunities on the building facade.
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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
    3216 Broadway St Chicago, IL 60657
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