7901 Racine Ave Chicago, IL 60620
This exceptional 3,200-square-foot office building, located at 7901 S Racine Ave in Chicago, IL 60620, presents a unique opportunity for businesses seeking a high-visibility location. The property is a traditional office building with multiple suites, offering flexibility for various business needs. Currently, the entire 3,200 square feet is vacant and available for lease. The space is divisible, with a minimum leasable area of 950 square feet and a maximum contiguous space of 3,200 square feet. The building comprises three total suites, allowing for potential customization and expansion. Situated in the heart of Auburn Gresham, this property benefits from significant foot traffic and excellent brand exposure. Its transit-oriented location ensures easy accessibility for employees and clients. Previously occupied by the Greater Auburn Gresham Development, this space offers a ready-to-occupy environment, adaptable to a wide range of business requirements. The property's high visibility and convenient location make it an ideal choice for businesses seeking a prominent presence in a thriving community. The building's total square footage is 3,200 square feet, offering ample space for a variety of business configurations. This is a rare opportunity to secure a well-located, adaptable office space in a vibrant Chicago neighborhood.
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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.