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OFF-MARKET
Retail properties & Spaces

3701 Irving Park Rd Chicago, IL 60618

Property ID
Property summary
AI-generated overview

This 1200-square-foot medical office space is ideally located at 3701 W Irving Park Rd in Chicago, Cook County, Illinois, zip code 60618. The single-tenant property features an open floor plan, a handicap-accessible bathroom, and a recently updated HVAC system. Benefit from excellent street visibility on busy Irving Park Road, thanks to a glass front facade and high ceilings. The space offers flexible lease terms, with a monthly base rent of $1650 plus utilities (heat/air, electric, and insurance). The landlord covers all other expenses. Previous uses include architectural, dental, and therapy practices, demonstrating its versatility. While a minimum three-year lease is preferred, shorter-term leases may be considered at a higher rental rate. The owner offers discounted rent to assist with tenant build-out for long-term leases with established businesses. This property presents a fantastic opportunity for a variety of medical practices.

Property profile
Verified
Property type Retail properties & Spaces
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
Current use
Occupant on record · Public records
  • GD Gazis, LLC Structural Engineer
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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