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    OFF-MARKET
    Retail properties & Spaces

    3629-35 Halsted St, Chicago, IL 60613

    50,000 SF Built 2002
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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