Property profile

5256 Broadway St Chicago, IL 60640

OFF-MARKET
Retail properties & Spaces
26,768 SF
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Property summary

AI-generated overview

This Cook County property at 5256 N Broadway St, Chicago, IL 60640 offers 26,768 square feet of retail and office space, currently featuring 8,800 square feet of vacant space. Two suites are available, with a minimum divisible space of 1,800 square feet and a maximum contiguous space of 7,000 square feet. One option includes over 7,000 square feet on the third floor, ideal for a creative office user. The building boasts newer windows and roofs. Lease terms are negotiable, with a modified gross lease structure. One space offers a base monthly rent of $1600 plus 5% of the water bill and 5% of property taxes (approximately $321.73 monthly). A larger space offers a modified gross rent of $4500 per month, plus 35% of property taxes (approximately $2,252.14 monthly) and 5% of the water bill. The property is conveniently located in Chicago's vibrant Broadway Street corridor. This presents a unique opportunity for businesses seeking flexible and adaptable office space in a desirable location. Contact us to discuss lease options and explore the potential of this versatile property.

Property profile

Verified
Property type Retail properties & Spaces
Total area 26,768 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Printing Service
  • Cafe & Coffee Shop

Location

5256 Broadway St Chicago, IL 60640
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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
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