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    Aberdeen St Chicago, IL 60607

    For Lease
    Contact for pricing

    Prime Chicago location, multiple suites.

    Lot size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional five-story building, located in Chicago's vibrant West Loop neighborhood, offers a unique opportunity for retail or restaurant businesses. The property boasts a total of 8,000 square feet, currently featuring two suites. A significant portion of the space, totaling 7,620 square feet, is currently vacant and available for lease. This presents a rare chance to secure a substantial footprint in a highly sought-after area. The flexible layout allows for multiple configurations, with minimum divisible space starting at 2,200 square feet and a maximum contiguous space of 5,420 square feet. Ideal for a single large tenant or multiple smaller businesses, this property offers unparalleled visibility and accessibility. Situated on Lake Street, it benefits from high foot traffic and excellent proximity to public transportation. The building's first-floor location ensures maximum exposure and convenience for customers. This is an exceptional opportunity to establish or expand your business in one of Chicago's most dynamic and desirable commercial districts. The property is located in Cook County and offers a prime opportunity for businesses seeking a high-profile location with significant space. The building's layout and size provide flexibility for a variety of retail or restaurant concepts. Don't miss this chance to secure your place in the heart of the West Loop.

    Property Features for 0 Aberdeen St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,000 SF

    Building Details

    Stories
    5

    Unit(s) available at that property

    Space
    Suite A
    Size
    5,420 SF
    Space
    Suite B
    Size
    2,200 SF
    Space
    Combine Suites A,B
    Size
    7,700 SF

    HighLights

    • 8,000 SF retail building in Cook County.
    • Multiple tenant spaces available, totaling 7,620 SF vacant.
    • Spaces range from 2,200 SF to 5,420 SF contiguous.
    • Located in Chicago's West Loop.
    • Five‑story building with two suites.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6544691
    Latitude
    41.8855339

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    FAQs

    What type of property is this?
    Restaurant - Prime Chicago location, multiple suites.
    Where is this restaurant located?
    The property is located at Aberdeen St Chicago, IL.
    What are key features of this property?
    This property features: 8,000 SF retail building in Cook County.; Multiple tenant spaces available, totaling 7,620 SF vacant.; Spaces range from 2,200 SF to 5,420 SF contiguous.
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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
    Aberdeen St Chicago, IL 60607
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