Property profile

3629-35 Halsted St Chicago, IL 60613

OFF-MARKET
Retail properties & Spaces
50,000 SF Built 2002
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2002
Total area 50,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3629-35 Halsted St Chicago, IL 60613
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3629-35 Halsted St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message