Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2700 Campbell Ave Chicago, IL 60647
    Back to Search
    Property profile & analytics

    2700 Campbell Ave Chicago, IL 60647

    View on Map
    • Warehouses
    • 16,557 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Canine Perspective Dog Boarding / Kennel & Boarding Facility

    Property Details for 2700 Campbell Ave

    Year built
    1908
    Property size
    16,557 SF
    Property type
    Warehouses
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional Chicago commercial property at 2700 N Campbell Avenue offers 16,557 square feet of versatile space, ideal for a variety of businesses. The building, constructed in 1908, features a blend of warehouse and office/retail areas, boasting approximately 12,000 square feet of warehouse space and 6,600 square feet of office/retail space. Ceiling heights vary from 10 to 20 feet, providing ample room for various uses. The property includes attractive features such as 200 feet of retail frontage, perfect for maximizing visibility and attracting customers. Loading capabilities are provided by one flush loading dock and two drive-in bays. Parking is conveniently available across the street for a daily fee or via street permits. The location in Cook County, Illinois, offers excellent access to major transportation arteries, including I-90/94 and public transportation, ensuring easy commutes for employees and clients. The property's strategic location also benefits from high visibility from I-90/94, with potential for prominent signage. Two suites are available, with a minimum divisible space of 12,653 square feet and a maximum contiguous space of 16,633 square feet. The property's proximity to popular establishments like Maplewood Brewery & Kitchen, Target, Home Depot, and Regal Cinema City North adds to its appeal. This unique property presents a rare opportunity to secure a well-located and versatile commercial space in a thriving Chicago neighborhood. The building has a concrete foundation, brick exterior, and a timber & rubber flat roof. Four total parking spaces are available.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6907
    Latitude
    41.9307

    Comparable in this City

    • Value Estimation by Request
      15,800 SF

      2348-2358 Seeley Ave

      Distribution properties • 15,800 SF
      2348-2358 Seeley Ave, Chicago, IL 60647
      View Details
    • Value Estimation by Request
      8,000 SF

      3801 Fullerton Ave

      Office Spaces • 8,000 SF
      3801 Fullerton Ave, Chicago, IL 60647
      View Details
    • Value Estimation by Request

      2497 Milwaukee Ave

      Restaurants
      2497 Milwaukee Ave, Chicago, IL 60647
      View Details
    • Value Estimation by Request
      4,500 SF

      2401 North Ave

      Medical Office Space • 4,500 SF
      2401 North Ave, Chicago, IL 60647
      View Details
    • Value Estimation by Request

      2497 Milwaukee Ave

      Individual retail properties
      2497 Milwaukee Ave, Chicago, IL 60647
      View Details
    • Value Estimation by Request
      5,630 SF

      2738 North Ave

      Restaurants • 5,630 SF
      2738 North Ave, Chicago, IL 60647
      View Details

    Similar Nearby for Sale

    • $2,590,000
      0.38 Acres

      Versatile Warehouse/Office/Retail Space

      16,633 SF warehouse/office/retail space in Logan Square.
      2700 N Campbell Ave, Chicago, IL 60647
      View Details
    • $2,590,000
      16,633 SF

      Prime Warehouse/Office/Retail Space

      16,633 SF warehouse/office/retail space in East Logan Square.
      2700 N Campbell Ave, Chicago, IL 60647
      View Details
    • $1,100,000
      0.29 Acres

      Massive Land Parcel with Warehouse

      Large Chicago land parcel with existing warehouse, near 606.
      3709 W Armitage Ave, Chicago, IL 60647
      View Details
    • $1,399,900

      Bucktown Mixed-Use Property For Sale

      Five-unit mixed-use property with restaurant in prime Bucktown/Logan Square location.
      2236 N Western Ave, Chicago, IL 60647
      View Details
    • Contact for pricing

      Prime Retail Space on Elston

      Highly visible retail space in Chicago's bustling Elston/Logan Corridor.
      2700 North Elston Ave, Chicago, IL 60647
      View Details
    • Contact for pricing
      5,824 SF

      Chicago Restaurant - Fee Simple

      Prime Bucktown location, strong NOI, long-term lease.
      1635 Damen Ave, Chicago, IL 60647
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      52,263 SF

      Renovated Freestanding Chicago Warehouse

      52,263 SF renovated warehouse on Chicago's North Side.
      2407 North Elston Ave, Chicago, IL 60647
      View Details
    • Contact for pricing

      Versatile Warehouse/Office/Retail Space Available

      16,633 SF warehouse/office/retail space in East Logan Square.
      2700 N Campbell Ave, Chicago, IL 60647
      View Details
    • Contact for pricing

      Warehouse/Office/Retail Space in Logan Square

      16,633 SF warehouse/office/retail space with high visibility.
      2700 N Campbell Ave, Chicago, IL 60647
      View Details
    • Contact for pricing

      Humboldt Park Flex Space Available

      4,798 SF flex space in Humboldt Park neighborhood.
      1756 N Kimball Ave, Chicago, IL 60647
      View Details
    • $25 SF/Yr

      2118 N. Milwaukee Ave

      2118 N Milwaukee Ave - 2,160 - 4,320 SF of Retail Space Available in Chicago, IL 60647
      2118 Milwaukee Ave, Chicago, IL 60647
      View Details
    • $55 SF/Yr

      Restaurant Space with Patio

      Former restaurant space with kitchen infrastructure and large patio.
      2234 N Western Ave, Chicago, IL 60647
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2700 Campbell Ave
    Chicago, IL 60647
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2700 Campbell Ave, Chicago, IL, 60647
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!