3629-35 Halsted St, Chicago, IL 60613
This exceptional commercial condo investment opportunity in Chicago's vibrant Wrigleyville neighborhood presents a unique blend of immediate income and future growth potential. Located at 3629-35 N Halsted St, this 50,000 square foot property boasts a prime location with 100 feet of frontage on Halsted Street, ensuring high visibility and foot traffic. The property includes a currently occupied 1,600 square foot high-end Savoy Spa with a long-term lease, generating immediate rental income. A separate 1,950 square foot space is ready for immediate occupancy, providing flexibility for owner-occupancy or additional leasing opportunities. The building was constructed in 2002 and sits on a 13,000 square foot lot, zoned B1. The property benefits from its proximity to the Addison Red Line stop, numerous bus routes along Halsted, Broadway, and Addison streets, and its convenient access to Lake Shore Drive and Wrigley Field. The tenant is responsible for real estate taxes and a percentage of common area maintenance. Lease terms for the existing tenant are available upon request. Showings of the vacant unit can be arranged with short notice. This is an unparalleled chance to acquire a thriving commercial property in a highly sought-after location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.